Two veterans of League of Legends maker Riot Games have secured $2.5m in investment for a brand new development studio.

Singularity 6 has been set up by ex-Riot Games leads Aidan Karabaich (far right) and Anthony Leung (right) with the aim of making "genre-defining online titles," which very much sounds like they're trying to make a project on the scale of League of Legends.

This cash is going to be spent speeding up the company's first game in addition to making a wave of hires.

London Venture Partners (LVP) has led the funding round.

“Our culture is increasingly moving in a direction where technology is redefining work, leisure, community, meaning and belonging,” CEO and co-founder Leung said.

“Our goal is to create worlds that offer players experiences that deliver much more than superficial entertainment or wish fulfilment. Imagine games as a primary source of community for players, as meaningful to their lives as a church community or being a part of a sports team. We're looking forward to working with some of the best talent in the industry to help bring this vision to life.”

LVP general partners David Gardner OBE added: “When we met with Singularity 6, we knew right away that we had to be involved. Their singular vision for the way games are evolving is unlike any other we’ve come across. Our partnership is going to lead to an exciting evolution in the way people play games together.”