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Chronicles

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London-based Omeda Studios, which is making a third-person action MOBA named Predecessor, raised a $20M Series A led by Haveli, after a $2.2M seed in March 2021

Jason McMaster / VentureBeat :

VentureBeat Jason McMaster

Context & Ripple Effects

Omeda Studios' $20M Series A, led by Haveli, is a near-tenfold step up from its $2.2M seed in March 2021 — and it lands in a market where early-stage game studios are routinely raising eight-figure A rounds: Tripledot's $78M Series A in mobile, Elodie Games' $32.5M cross-play round, and Bellevue's ProbablyMonsters at $200M all preceded it.

First-order effects

  • Omeda can now staff Predecessor up from seed-scale development toward a full production and live-operations team, with Haveli holding the lead board position on an unproven third-person MOBA.

Second-order effects

  • Cross-play multiplayer studios like Elodie Games are now bidding against Omeda for the same engineering and design talent, while infrastructure vendors such as Hadean, which raised $30M to scale multiplayer backends, gain customers as every funded studio builds larger concurrent-player targets.

Third-order effects

  • If the pattern holds, Series A is becoming the new entry ticket for ambitious multiplayer titles — capital concentrating into fewer, bigger early bets rather than many small seeds — and London keeps compounding as a hub, with Omeda, Tripledot, and Hadean all raising there within roughly eighteen months.

The trend: Venture capital for multiplayer game studios is consolidating into larger early-stage checks, with London emerging as a repeated home for those rounds.