London Venture Partners makes first US investment

Stonehearth studio Radiant Entertainment raises $4.5m

Stonehearth developer Radiant Entertainment has raised $4.5m in funding.

As reported by The Wall Street Journal, the investment comes from Andreessen Horowitz, General Catalyst and London Venture Partners. For the latter, it’s the first time the VC firm has funded a US start-up.

Radiant Entertainment was founded by twins Tom and Tony Cannon. Its first project is PC game Stonehearth, which raised some $751,920 on Kickstarter in 2013.

The campaign initially had a target of $120,000, and was funded in three days. Stonehearth was released on Steam Early Access earlier this month and has so far garnered mostly positive reviews from players.

About MCV Staff

Check Also

Technology and the market will set the cost of triple-A productions – it’s not an inevitable and negative escalation

The idea that the industry will stagnate because of rising costs is a historically flawed argument based on historical data