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Omeda Studios has raised $22.0M across 2 funding rounds.
Key people at Omeda Studios.
Omeda Studios has raised $22.0M in total across 2 funding rounds.
Omeda Studios develops Predecessor, a free-to-play third-person action Multiplayer Online Battle Arena (MOBA) title available on both PC and console platforms. The company integrates traditional MOBA strategy with dynamic third-person action gameplay, aiming to deliver a modern competitive experience. Their approach focuses on technical execution to create an engaging live-service game for a global audience.
The studio was originally conceived in 2018 by Steven Meilleur, who was soon joined by Robbie Singh and Andrea Garella, with the trio officially founding the company in 2019. Their venture began in the wake of Epic Games’ Paragon shutdown, recognizing an unmet demand within the MOBA community. Robbie Singh, leveraging his background as a content creator with a substantial community, contributed to a foundational understanding of player needs and engagement.
Predecessor targets players seeking a refined and community-driven competitive MOBA experience. Omeda Studios’ long-term vision centers on building a sustainable live-service game that evolves with its player base. The company aims to continually enhance gameplay and foster a vibrant ecosystem, positioning Predecessor as a enduring title in the competitive gaming landscape.
Key people at Omeda Studios.
Omeda Studios has raised $22.0M across 2 funding rounds. Most recently, it raised $20.0M Series A in July 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2022 | $20M Series A | Brian Sheth | GFR Fund, Possible Ventures, Progression Fund | Announced |
| Mar 1, 2021 | $2M Seed | — | Entrepreneur First, Fabric Ventures, GFR Fund, Project A Ventures, TrueSight Ventures, BEN Holmes, Errol Damelin, IAN Hogarth | Announced |
Omeda Studios is a UK-based video game production company founded in 2020, specializing in multiplayer online battle arena (MOBA) games.[1][2][3] The studio develops Predecessor, a third-person action MOBA built on the foundation of Epic Games' shut-down title Paragon, available for free on PC (Steam, Epic Games Store), PlayStation 4/5, and Xbox Series X|S following its open beta launch.[1][2] Headquartered in Northwood, England, with around 36-76 employees and $22.2M in total funding (including a $20M recent round), Omeda serves competitive gamers seeking refined, community-driven multiplayer experiences, addressing the gap left by Paragon's 2018 closure through expanded gameplay and cross-platform accessibility.[1][4]
The studio's growth momentum is evident in Predecessor's early traction: over 35,000 Discord fans and 100,000+ signups pre-release, positioning it as a rising player in the gaming sector with $10.4M in estimated revenue.[1][2]
Omeda Studios was founded in 2020 by Robbie Singh as a community-founded studio in Northwood (or London area), England, emerging directly from fan demand to revive Epic Games' Paragon MOBA, which was discontinued in 2018.[1][2][4] Singh and the team leveraged the passionate Paragon community to build Predecessor, starting with strong pre-release engagement including 35,000+ Discord members and over 100,000 signups.[2] A pivotal moment came with the open beta launch across multiple platforms, marking the first Xbox access and solidifying early traction in a competitive genre.[1]
Omeda Studios rides the resurgence of MOBA and live-service games, capitalizing on the enduring popularity of titles like League of Legends and Dota 2 while filling the void from Paragon's shutdown amid Epic's Fortnite pivot.[1][2][3] Timing aligns with cross-platform gaming's boom—driven by console-PC convergence and free-to-play models—bolstered by market forces like esports growth and community-owned IP trends post-shutdowns.[1] By reviving fan-favorite mechanics with modern polish, Omeda influences the ecosystem, empowering indie studios to compete via Discord-driven development and investor backing from firms like Possible Ventures.[2]
Omeda Studios is poised for expansion with Predecessor's full release and potential sequels, leveraging its $22.2M war chest for live-service updates, esports integration, and new titles in community-driven gaming.[1][2] Trends like Web3-adjacent fan ownership, AI-enhanced matchmaking, and global MOBA demand (especially in Asia) will shape its path, potentially scaling to millions of players if retention holds. Its influence may evolve from niche reviver to MOBA innovator, amplifying indie voices in a AAA-dominated landscape—echoing its community roots as the next Paragon successor.
Omeda Studios has raised $22.0M in total across 2 funding rounds.
Omeda Studios's investors include Brian Sheth, GFR Fund, Possible Ventures, Progression Fund, Entrepreneur First, Fabric Ventures, Project A Ventures, TrueSight Ventures, Ben Holmes, Errol Damelin, Ian Hogarth.
