Arctic7

ARCTIC7 SECURES $2M SEED INVESTMENT IN RAISE LED BY GRISHIN ROBOTICS

Published

3 years ago

March 15, 2022

Funding to enable tech development and international expansion

Arctic7, a newly announced games development company founded by Igor Efremov, Mark Rizzo and Alan Van Slyke, has announced that it has successfully closed its seed round of $2million. Bay Area-based venture capital firm Grishin Robotics leads the round, alongside two angel investors.

A brand-new venture delivering technical and creative solutions within the games industry, Arctic 7’s ambition is to establish itself as a leading game developer, focusing on quality, technical excellence, and creative output.

Arctic7 sees the trio build upon their previous successes at companies including Epic Games, Microsoft, Sony and Electronic Arts, where they spearheaded the development of game franchises including Gears of War, Assassin’s Creed, FIFA, The Sims, Need for Speed and more.

European Gaming Congress 2024 (Warsaw, Poland)

Igor Efremov, Co-Founder of Arctic7, comments, “Mark, Alan and I have long shared a vision of creating a company that is built on our personal beliefs and ambitions. With Arctic7, we can look forward to identifying industry opportunities and seizing them, and we are incredibly grateful that our investors have decided to come onboard for the journey ahead. The initial funding – which exceeded expectations – gives us the launchpad to realise those ambitions, deliver top quality game experiences, and establish ourselves as a first-class developer.”

A spokesperson at Grishin Robotics, commented, “The Arctic7 team has a proven track record of working on some of the most successful projects at the biggest companies. In short, Arctic7 is a start-up that is born from decades of experience and solid industry contacts and we can’t wait to see its success unfold.”

Arctic7

Game Development Company Arctic7 Heads into 2023 with Two Key Executive Hires

Published

2 years ago

March 8, 2023

GamingAmericas.com

Game and virtual production development company Arctic7 has today announced the appointment of John Burns as Chief Commercial Officer and Felix Jorge as Chief Communications Officer. These additions bring further experience and creativity to the executive team and will help Arctic7 push the boundaries in delivering exceptional entertainment across genres.

Arctic 7’s growth this past year has made them better equipped to take on a multitude of large scale projects. With the appointments of John and Felix, Arctic7 looks to continue where they left off in 2022 – becoming a leader in creating immersive content that blurs the line between linear and interactive experiences.

Arctic7 was founded in 2021 by industry veterans Igor Efremov, Mark Rizzo and Alan Van Slyke – and the company has continued to grow at a steady pace. The appointments of John Burns and Felix Jorge are an exciting start to 2023, as Arctic7 aims to become a dominant force in full game and co-development projects. This move not only helps them take another step towards achieving these goals, but it also opens opportunities for Arctic7 beyond traditional game development.

Felix Jorge is the CEO and founder of Narwhal Studios and has worked in the entertainment industry for over 16 years. He has worked on some of the largest projects in the world, by providing Virtual Art Department services to some of the most well-known films, TV shows, and video games including The Mandalorian, Antman and the Wasp and the upcoming Avatar: The Last Airbender on Netflix. His appointment to Arctic7 showcases the company’s focus on delivering innovative and exceptional storytelling, virtual production expertise, and immersive experiences with heart and depth to audiences.

Felix Jorge comments: “There’s a real excitement growing at Arctic7 which I’m proud to be a part of. We have tons of ideas and visions for the future that I believe will push the boundaries of what’s possible in the game development, virtual production, and entertainment spaces.”

John Burns has a history of senior roles within major corporations and also leading entrepreneurial ventures/start-ups including successful fundraising and an IPO. Formerly Senior Vice President of Publishing at Jagex, John has also held senior positions at NCSoft, Activision and Electronic Arts. John is a results-driven leader with experience in developing strong teams, driving growth, and building strong mutually beneficial partnerships that deliver industry leading gaming and entertainment properties.

John Burns comments: “I am excited to join the Arctic 7 team, the company had a very strong launch year in 2022 and has significant plans for growth and acceleration in 2023 as we look to work with the world’s greatest gaming and intellectual property companies to deliver incredible entertainment experiences globally.”

CEO and co-founder Igor Efremov summarises: “John and Felix are exactly the type of leaders we want at Arctic7. Their passion, creativity, and eclectic experience will ensure a perfect fit with our values – and will help to make 2023 our most exciting year to date.”

Expect further news from Arctic7 in the coming weeks and months.