We are thrilled to announce that PixCapital has invested in Look North World, a new-gen developer and publisher of UGC games, in its $4.5 million Seed round. Alongside LVP, Bandai Namco 021 Fund, Overwolf, CRUSH Ventures, Hasbro and Hibbard Road Partners.
🎃About Look North World:
Look North World (LNW) is a next-gen developer and publisher of UGC games. Founded in 2023 by an impressive team of veterans, including the renowned CEO Alex Seropian(former CEO of Bungie and creator of the legendary franchise Halo), the company specializes in publishing highly-successful UGC games on platforms such as Fortnite or Roblox. Look North World not only creates games but also managesits own Creator Label which allows them to publish more games and support the next generation of creators. Within a year, LNW has launched five games on Unreal Engine for Fortnite and two premium mods for ARK, all of which have been successful.
💬 Why we invested:
LNW is led by a stellar team with Alexander Seropian, former co-founder at Bungie, Patrick Moran 🔜 GamesCom, Jason Pecho, Kyle Marks who have already pioneered and disrupted several genres, and we are confident that LNW will rise from the industry-wide shift towards smaller games with the reference player in UGC. LNW has already developed and published 5 games on hashtagUnreal Engine for Fortnite (UEFN) and 2 Premium Mods for hashtagARK: Survival Ascended, and collaborations with some of the biggest names of the industry. Their first creator label games, Dream Job Tycoon and the Premium Mod ARK x Power Rangers, have been wildly successful with 800k players.
📰Latest updates on Iion:
They recently released their new UEFN Fortnite map, ‘Sweat City,’ where players can devise plans to execute heists and strike it rich by stealing artwork, sculptures, and cold hard cash. The city is home to many factions, so caution is necessary. Players can also unlock cosmetics, suits, and vehicles along the way. Additionally, they announced an partnership with Twitch, to offer an entire new category of brand advertising through the streaming platform.
Welcome to the clan guys!
