Eschatology Entertainment has raised $11.3 million in Series A funding, led by Krafton.
The funding round also included participation from GEM Capital and The Games Fund, which invested $4 million in the game studio in 2022, supporting early development and hiring.
This new investment will be used to help launch its debut title, a Souls-like first-person shooter set in the apocalyptic Wild West.
“This agreement is more than just a financial investment; it's a collaborative journey that allows us to fully immerse ourselves in creating a world rich with atmosphere, history and difficult challenges,” said Eschatology co-founder Fuad Kuliev.
“With the support of our new partner, Krafton, and continued teamwork with long-time friends GEM Capital and The Games Fund, we now have all the resources we need to make our ambitious vision a reality.”
Maria Park, Krafton's Vice President and Head of Corporate Development, added: “Eschatology Entertainment has an exciting future ahead of it and we are delighted to support the team and their innovative ideas.”
Eschatology Entertainment was founded in 2022 by Kuliev, Dmytro Kostiukevych, Boris Nikolaev and Viktor Antonov with experience in studios such as Valve and Wargaming.