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Moon Beast Productions raises $4.5M for action RPG

Moon Beast Productions, an indie game studio founded by game industry veterans raised $4.5 million in seed funding for an ARPG.

Moon Beast Productions, an independent game studio founded by industry veterans Phil Shenk, Peter Hu, and Erich Schaefer, has secured $4.5 million in seed funding. This funding, which arrived back in June, marks a critical moment for the studio, providing resources to expand the team while maintaining the lean, focused approach that has defined Moon Beast Productions since its inception. Phil Shenk is CEO of Moon Beast Productions.“For the past 20 years, we’ve dreamed of ARPG gameplay in more open, dynamic worlds,” said Erich Schaefer, chief creative officer, in a statement.

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