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ProbablyMonsters lands $250m in latest fundraising round

Date Type Companies involved Size
April 21st, 2022 investment ProbablyMonsters $250m
ProbablyMonsters lands $250m in latest fundraising round

Games firm ProbablyMonsters has scored another $250 million in investment.

As reported by VentureBeat, this latest round of funding was led by LKCM Headwater Investments, who previously invested in the company back in 2018. This comes on the back of the $200 million Series A that ProbablyMonsters completed in September 2021.

“We’re proud and humbled to announce we’ve closed our Series A raise at $250m," ProbablyMonsters CEO Harold Ryan (pictured) said.

"This speaks to the passion and commitment of every single person at ProbablyMonsters and the belief in our vision to build a better, more sustainable home for game developers. With these funds, we’ve secured our long-term independence as a new category of game company. Our goal has always been to invest in our people first. We want them to thrive building games they love in a positive and stable environment, and eventually be able to retire from ProbablyMonsters.”

ProbablyMonsters was revealed back in 2019 having raised $18.8 million in Series A funding. By 2020, the firm boasted over 100 employees.


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PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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