Velan Studios Raises $7 Million

Gaming startup Velan Studios announced the completion of $7 million in Series A financing. Two investors contributed to the round, including Velan Ventures.

Velan Studios is a new development studio started by a diverse team of game industry veterans. The company’s team has created hundreds of games, selling millions of copies in the past 25 years. It is now embarking on a journey to create breakthrough experimental games that will entertain and stoke imaginations, creating new kinds of experiences that push the frontier of gaming forward.

In its announcement, the company said the investment will be used to continue the focus on Velan’s mission of building new entertainment experiences around emergent technologies.