Headquartered in the UK, with offices in Oslo, Red Rover Interactive an ambitious game development studio focused on creating novel and deeply engaging multiplayer experiences secured over €14 million in a Series A funding round led by gaming giant KRAFTON.
This round comes less than a year since inception and only 11 months since the over €4.7 million Seed. Tirta Ventures and Overwolf have also invested alongside existing investors The Games Fund, Behold Ventures, GEM Capital, Lifelike Capital and Acequia Capital. With this new funding, Red Rover Interactive is on track to accelerate the development of its debut title codenamed ‘Project Coltrane’.
Fred Richardson, Red Rover CEO, stated: “Our rapid progress to date can largely be attributed to our commitment to validation driven development, deeply involving our community and content creators right from the get-go. It has been a cornerstone of our development philosophy, ensuring we really focus on the most impactful things to our playerbase over everything else.”
In response to the partnership, Maria Park, VP, Head of Corporate Development Div. at KRAFTON expressed enthusiasm about the collaboration: “Investing in Red Rover Interactive feels like championing ‘the right people’ crafting ‘the right game’. Their commitment to player-centric, iterative development resonates strongly with PUBG’s ethos, emphasizing player feedback and iterative design. We have had the privilege of witnessing their immersive development approach firsthand during weekly playtests with players and streamers. The remarkable progress demonstrated in each updated build has been a testament to their passion and expertise. Also, drawing from Fred’s experience, the team has ingeniously tackled common challenges in the sandbox survival genre. We’re thrilled to partner with Red Rover and support the team’s vision for Project Coltrane.”
Project Coltrane aims to introduce a new era of survival gameplay, focused on delivering a uniquely fast-paced and replayable PVP experience set in a post-apocalyptic train world. This funding initiative marks a significant milestone for Red Rover, enabling the studio to expand its team, accelerate the development of the project, and solidify its market presence. The game is designed to challenge the conventions of the survival genre, offering players a novel blend of social sandbox survival and goal-driven PVP.
Fred added, “We’re extremely excited to be working with KRAFTON given their unmatched pedigree in the PVP space. Having them, alongside our other fantastic investors and partners onboard, is incredibly validating for the entire team at Red Rover. This support not only fuels our development efforts but also reinforces our belief in Project Coltrane’s potential to resonate with gamers globally. We’re looking forward to revealing information about the title in the coming months as this train continues to gather pace!”
