Theorycraft

Theorycraft is a startup game development company led by veterans in the industry who have worked on some of the most popular gaming and esports titles, such as League of Legends, Halo, Destiny, Overwatch, Valorant, and Team Fortress 2.

The company was co-founded by Joe Tung, the former executive vice president of the League of Legends franchise at Riot Games and executive producer of Destiny and Halo at Bungie. The star-studded management team also includes Michael Evans (former tech lead for Valorant, Overwatch, and Halo), Mike Tipul (former creative director at Bungie), Moby Francke (former art director on Valorant, League of Legends, Dota 2, and Team Fortress 2), and Areeb Pirani (former global revenue and finance lead for League of Legends).

In September 2022 , the company raised USD 50 million in a Series B funding round led by Makers Fund. The proceeds were allocated for hiring and ramping up the development of its first title, Loki. This follows its USD 37.5 million Series A round in March 2021 led by NetEase, Inc.