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Based in Wilmington, Delaware, ELYZIO is a video game developer and publisher that creates interconnected digital gaming experiences and provides comprehensive development support for independent studios operating across the Middle East and North Africa region. The hybrid developer-publisher operates with a workforce of fewer than 25 employees and currently generates under $5 million in annual revenue. Its internal development portfolio features the cooperative action-adventure title "Warden's Will," which utilizes roguelike and bullet-hell shooter mechanics, alongside the recently announced game "Pera Coda." In October 2022, the studio secured $2 million in pre-seed funding from a syndicate of institutional investors that included Vgames, Shima Capital, Paribu Ventures, and Solana Ventures. ELYZIO was founded in 2022 by a team of former Google and Ubisoft veterans who previously contributed to major gaming franchises such as Assassin's Creed, The Division, and Sifu.
ELYZIO has raised $2.0M across 1 funding round.
ELYZIO has raised $2.0M in total across 1 funding round.
Elyzio is a venture-backed gaming company founded in 2022 that builds immersive digital worlds blending mobile and AAA gaming experiences with disruptive technologies like blockchain on Solana.[1][2][4] It develops and publishes games such as *Warden’s Will* (its first release) and *Pera Coda* (recently announced), while supporting lean indie teams in the MENA region to launch global hits through hands-on guidance from concept to market.[1][2] Headquartered in Wilmington, DE, with 5-10 employees, Elyzio has raised $2 million from investors including Solana Ventures, vgames, Paribu Ventures, and Shima Capital, serving gamers seeking interoperable universes for play, socialization, base-building, and content ownership linked by shared story and economy.[2][3][4]
The company targets players worldwide by creating a "gaming multiverse" where users customize Wardens, build private bases, and explore diverse, interconnected gameplays—harmonizing fun, social features, and player ownership in a transmedia format.[1][3][4]
Elyzio was founded in 2022 by Dogan Can Yeginer (CEO) and Anas El Ferachi, both veterans from Google and Ubisoft with credits on major franchises like *Assassin’s Creed*, *The Division*, and *Sifu*.[1][2] The idea emerged from their expertise in high-profile gaming, aiming to fuse mobile accessibility with AAA depth using blockchain for interoperable experiences on Solana.[2][4] Early traction came swiftly with the release of *Warden’s Will* and the announcement of *Pera Coda*, alongside securing $2 million in funding to support MENA indie developers—positioning Elyzio as a bridge for regional talent to global audiences.[1][2]
This backstory reflects a pivot from big-studio polish to empowering small, ambitious teams in an underserved region, humanizing Elyzio as a founder-driven effort to democratize game publishing.[1]
Elyzio rides the Web3 gaming boom on Solana, capitalizing on blockchain's rise for player-owned economies amid declining traditional models—where interoperable assets and multiverses address fragmentation in mobile/AAA spaces.[2][4] Timing aligns with 2025's surge in decentralized gaming post-Solana's scalability wins, as market forces like indie globalization and MENA's emerging talent pool (boosted by remote work) favor lean publishers over AAA giants.[1][2] By nurturing regional devs and releasing hits like *Warden’s Will*, Elyzio influences the ecosystem as a gateway for diverse creators, amplifying blockchain's role in inclusive, transmedia entertainment and challenging centralized platforms.[1][4]
Elyzio's blend of AAA expertise, Solana tech, and MENA focus positions it for scaled growth, with *Pera Coda* as a pivotal launch to expand its multiverse. Trends like AI-driven content and cross-chain interoperability will shape its path, potentially evolving it into a dominant indie-Web3 publisher influencing global gaming diversity. As a next-gen company born from industry vets, Elyzio exemplifies how targeted support turns regional ambition into worldwide play.
ELYZIO has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in October 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2022 | $2M Seed | — | Animoca Brands, Shima Capital, VGames | Announced |
ELYZIO has raised $2.0M in total across 1 funding round.
ELYZIO's investors include Animoca Brands, Shima Capital, VGames.