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    Home»Startups»Cypriot videogame startup Studio 42 levels up with €3.2 million to fund their debut title
    Startups

    Cypriot videogame startup Studio 42 levels up with €3.2 million to fund their debut title

    Editor Times FeaturedBy Editor Times FeaturedMay 19, 2025No Comments3 Mins Read
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    Limassol-based Studio 42, a brand new cellular sport growth studio based by business veterans, right now introduced it has raised €3.2 million in Seed funding to develop its debut title.

    The spherical was led by Play Ventures, with participation from GEM Capital and Arcadia Gaming Companions.

    “We’re excited to associate with Play Ventures, GEM Capital, and Arcadia Gaming Companions and take the following step in our journey,” mentioned Aleksandr Bogdanov, CEO of Studio 42. “Their help permits us to give attention to what we do finest — creating easy but deeply partaking experiences. We imagine that genius lies in simplicity, and collectively, we’re able to convey recent concepts to the puzzle style.”

    Studio 42 was based in 2025 by former Belka Video games leaders Aleksandr Bogdanov (CEO), Ivan Larionov (COO), and Pavel Sudakov (CPO) — the group behind top-grossing titles within the informal video games area. 

    Studio 42 believes within the “energy of simplicity — intelligent mechanics, partaking gameplay, and a player-first method.”

    Throughout Bogdanov’s seven-year tenure as CEO of Belka Video games, the corporate’s income and group dimension every grew greater than tenfold. Beneath his management, Belka launched titles comparable to Solitaire Cruise, Bermuda Adventures, and Roger That!, opened six places of work throughout Europe, and reportedly reached hundreds of thousands of gamers worldwide.

    Clockmaker entered the High 100 highest-grossing video games within the U.S. in keeping with Knowledge.ai, whereas Solitaire Cruise ranked in third place for Solitaire video games globally, trailing solely Solitaire Grand Harvest and Tiki Solitaire.

    Studio 42 is presently engaged on its first unique sport, combining basic puzzle mechanics with a contemporary hybrid-casual method. The group’s first challenge moved from idea to reside testing in simply two months. Utilizing AI to check 100% of its product hypotheses, the studio plans to judge as much as 10 new concepts annually.

    “We’re thrilled to again Aleksandr, Ivan, Pavel, and the unbelievable group they’ve introduced collectively at Studio 42,” mentioned Henric Suuronen, Founding Associate at Play Ventures. “From the beginning, we have been aligned on their imaginative and prescient — reimagining core puzzle mechanics by means of a hybrid-casual lens, with reside ops as a strategic driver. Their monitor document speaks for itself, and we couldn’t be prouder to help them.”

    The founding group’s deep roots in informal gaming embrace management roles at Belka Video games, Snap Inc., Playrix, Sport Perception, and others. Studio 42 now operates with a 14-person group throughout 4 international locations, constructing the following technology of puzzle titles with a player-first philosophy.





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