Los Angeles, CA – July 25, 2024 – Look North World, a trailblazing UGC game studio and publisher, today announced a significant milestone with a $4.5M seed funding round and strategic partnerships with industry titans Bandai Namco Entertainment and Hasbro. Founded by gaming industry veterans from Bungie, Amazon Games, and Disney, the studio is also launching a Creator Label to empower and elevate top-tier creators on platforms like Fortnite, Roblox, and Minecraft.
Led by industry luminary Alexander Seropian, Look North World is disrupting the gaming landscape by leveraging the power of User-Generated Content (UGC) to create innovative and engaging experiences. The company’s unique approach to game development, characterized by rapid iteration and direct audience engagement, sets it apart from traditional studios.
The fresh injection of $2.25M, led by London Venture Partners and joined by strategic investors Bandai Namco Entertainment 021 Fund, Overwolf, Crush Ventures, Hasbro, PixCapital, and Hibbard Road Partners, will fuel the studio’s growth and expansion. With a robust pipeline of 15 games featuring major IP collaborations, Look North World is poised to redefine the gaming industry.
A cornerstone of Look North World’s strategy is the Creator Label, a dedicated program designed to support and nurture exceptional creators. By offering guaranteed advances, long-term IP ownership, marketing support, and expert guidance, the Creator Label empowers creators to reach their full potential. This initiative aligns with the company’s commitment to fostering a thriving UGC ecosystem.
“We are thrilled to partner with such esteemed investors and industry leaders,” said Alex Seropian, Founder and CEO of Look North World. “This funding will enable us to accelerate our mission of creating exceptional games and empowering creators. The future of gaming is built on UGC, and we are at the forefront of this revolution.”
Look North World’s impressive track record includes five Unreal Engine for Fortnite (UEFN) games, two Premium Mods for ARK: Survival Ascended, and the successful launch of its first creator label game, Dream Job Tycoon. The company’s ARK x POWER RANGERS Premium Mod, developed in collaboration with Overwolf, Hasbro, and Studio Wildcard, has already garnered an impressive 800,000 units.
“There is a tectonic shift occurring in the games industry, reinventing how games are made and brought to market. At Look North World, we have embraced this evolution by choosing to build within platforms that allow experimentation, quick iteration, and access to a massive audience. Our Creator Label, which mirrors our approach to embracing UGC as the future of gaming, enables us to support creators and take risks on games that would otherwise never get greenlit,” commented Alex Seropian, Founder and CEO of Look North World.
“Investing in Look North World cements our belief in user-generated content (UGC) being a core pillar of the future of gaming. As UGC platforms expand and gain market share, talented teams are leveraging them to push boundaries and create diverse, immersive experiences at an unprecedented pace. We invest in people, and Alex and his veteran team are pioneers, notably during previous growth waves of console and mobile. With Look North World they continue to reshape how games are built and published,” shared Matt Bilbey, Venture Partner at London Venture Partners.
“Look North World is a great partner for the Bandai Namco Entertainment 021 Fund, as a company with a foundation of game making know-how and founders who have created blockbusters in traditional games now looking to apply their pedigree and vision to what the new generation of gamers want to play,” said Yoyo Yang and Natsuhiro Maruyama, Investors at Bandai Namco Entertainment 021 Fund.
For more information on Look North World, please visit looknorth.world
About Look North World Look North World is a pioneering UGC game studio and publisher dedicated to creating innovative and engaging gaming experiences. By leveraging the power of user-generated content and collaborating with top creators, the company is redefining the gaming industry. For more information, visit looknorth.world.
Conclusion
Look North World is a pioneering UGC game studio and publisher dedicated to creating innovative and engaging gaming experiences. By collaborating with top creators and leveraging user-generated content, the company is set to redefine the gaming industry. For more information, visit looknorth.world.
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