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.