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 post on LinkedIn. BitCake revealed that Riot was the lead investor in its first round of venture capital (VC) investment .
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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.
Other investors besides Riot Games
In addition to Riot Games, other investors also participated in the round, such as 1Up Ventures , which brings its experience to support the studio's vision. In addition to names like Tips Out (OTK Media) , Mad Mushroom and GameFounders , who already believed in the developer's potential.
With the new investments, BitCake Studio plans to expand its operations and continue developing multiplayer online games that value innovation and collaborative gameplay. The company also highlighted its commitment to a sustainable work environment, without the use of “crunch”, a common practice in the industry, which imposes strenuous working hours.
Promising future for the Brazilian market
This investment marks a historic moment for the Brazilian electronic games market. Riot Games, by investing in a local studio, validates the creative potential and technical capacity of national developers.
In 2025, BitCake promises to launch new titles and improve its operations to provide even more immersive experiences for players, in line with its mission to create high-quality multiplayer games.
The announcement, however, did not reveal the value of the investment or details about future projects from the studio, which recently launched the shooter Atomic Picnic . However, the partnership signals a new chapter for both BitCake Studio and the gaming sector in Brazil.