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Obelisk Studio raises $2M to pivot from codevelopment into own IP


After a decade of codeveloping AAA IP, Obelisk Studio has raised $2M to fund its original psychological action-horror IP, Displacement.

Cyprus-based Obelisk Studio has secured $2 million from The Games Fund to fuel its transition from supporting triple-A franchises into developing its own original IP. They see the potential even at this early stage and share our vision that the market and players are waiting for a true hardcore horror game,” said Artem Dorokhin, cofounder and CEO of Obelisk Studio. Thanks to their resources and extensive connections in the industry, we’ve built all the critical infrastructure, made key hires, and kickstarted the company in record time.”

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