Riot Games announced its first investment in a Brazilian studio: BitCake Studio . Founded in 2013, BitCake is already known for games like Atomic Picnic and Neko Neko Rampage and operates 100% remotely. The announcement was made in a LinkedIn post. BitCake revealed that Riot was the lead investor in its first venture capital (VC) round .
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According to the company, the partnership is a significant milestone, not only for the team, but also for the game development industry in Brazil, which has been attracting increasing attention on the global stage.
Investors other than Riot Games
In addition to Riot Games, other investors also participated in the round, including 1Up Ventures , which brings its expertise to support the studio's vision, as well as names like Tips Out (OTK Media) , Mad Mushroom , and GameFounders , who already believed in the developer's potential.
With the new investment, BitCake Studio plans to expand its operations and continue developing online multiplayer games that value innovation and collaborative gameplay. The company also highlighted its commitment to a sustainable work environment, avoiding the use of "crunch," a common practice in the industry that imposes grueling work hours.
Promising future for the Brazilian market
This investment marks a historic moment for the Brazilian video game market. By investing in a local studio, Riot Games validates the creative potential and technical capabilities of Brazilian developers.
By 2025, BitCake promises to launch new titles and refine its operations to provide even more engaging experiences for players, continuing its mission of creating high-quality multiplayer games.
The announcement, however, did not reveal the investment amount or details about the studio's future projects, which recently released the shooter Atomic Picnic . However, the partnership signals a new chapter for both BitCake Studio and the gaming industry in Brazil.
