Frost Giant Studios, formed by ex-Blizzard employees, has raised $25 million to create an all-new real-time strategy game powered by Unreal Engine 5.
Founded by Tim Morten (StarCraft 2 Production Director) and Tim Campbell (WarCraft 3: The Frozen Throne Lead Campaign Designer), Frost Giant was formed in 2020 with the goal of creating an “epic” real-time strategy game. The latest round of funding brought the company $25 million from Korean publishers such as Kakao Games (PUBG), Riot Games (League of Legends) and others.
In total, Frost Giant has raised $34.7 million for its debut project, and the official announcement of the game is scheduled for the end of this year.
CEO Tim Morten talked about how the money could be put to good use. Above all, they will help Frost Giant make the RTS it has always wanted to create.
This funding gives us the opportunity to start working on the game we have in mind. As you know, creative vision isn’t always a straight line, so the ideas we have today are subject to change depending on what we think is best for the players. For us, this funding is a testament to the continued appetite for RTS in the global gaming community, and we are delighted that leading companies like Kakao Gaming believe in what we create and support our journey.
Other benefits to the game include turning a team of 30 into 50, helping fund a new headquarters to house them, and adding more technology to improve the look and performance of the game, which is powered by the impressive Unreal Engine 5.