Ruckus Games raises $19 million in funding round led by Krafton

Texas-based studio Ruckus Games has raised $19 million in a Series A funding round led by Krafton.

Bitkraft Ventures, Transcend and Hypergryph also contributed to the round, among others.

The funding will go towards the development of Ruckus' debut game, a roster-based co-op shooter.

The studio previously received $5.5 million in seed funding through the Transcend Fund in September 2022, allowing a team of 14 people to develop the prototype over 12 months. The first playtests for the unnamed title are planned for this winter.

Ruckus was founded in 2021 by Gearbox and Riot alumni and is led by CEO Paul Sage, formerly the Creative Director of Borderlands 3.

He commented, “It's wonderful to have Krafton and Hypergryph join us. Not only do they bring global reach, but as developers themselves, they bring a unique perspective to our team.”

Krafton's head of corporate development, Maria Park, added: “We believe in the future of co-op gaming and the Ruckus team has shown incredible progress with a small team in a short period of time. They have created something so trendy, with stylish action and humor that not only entertains, but also connects players in an unforgettable way – which is a vision that resonates strongly with Krafton.”

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