Osborne Clarke has advised GFR Fund on the deal.
GFR Fund invested in London-based game studio Omeda Studios’.
GFR Fund is a San Francisco-based venture capital fund that invests in early-stage technology startups disrupting the digital media and entertainment space.
Omeda studio will use the funds to double the size of its studio and make key hires for its work on Predecessor, a cross-platform MOBA (multiplayer online battle arena) game.
GFR Fund led the $2.2m seed round. Inventure, Progression Fund, 1Up Ventures, Arena & Co., Ride Ventures, as well as UK investors Chris Lee, Jas Purewal, and Rupert Loman, founder of GamesIndustry.biz parent Gamer Network, also participated in the round.
The Osborne Clarke team was led by Associate Director Caroline Drummond (Picture) and Associate Anna Mattingley.
Law Firms: Osborne Clarke;
Clients: GFR Fund;