RALEIGH – Operating in stealth mode, a video game startup in Raleigh led by former staff at Epic Games has landed $5 million in cash, a big-name investor and an accomplished artist is ramping up for business.
The name is LightForge, and the team has plenty of video game industry credibility.
In a securities filing, LightForge disclosed raising $5 million in equity from 10 investors.
Matt Schembari, former director of user interface for Epic and a veteran of megahit Fortnite, is the CEO. He signed he filing.
“So we’re not ready to announce our studio yet, but I can confirm that we are indeed a studio focused on video games,” Schembari, who left Epic earlier this year, tells WRAL TechWire.
“We’re soft-targeting a January announcement, and we’re happy to share more detail about who we are and what we’re doing as we get closer…