Believer was founded by true gaming believers.
Believer was founded by true gaming believers.
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Ex-Riot employees raise $55M for new studio The Believer Company

  • Posted byby Dean Takahashi
  • Updated
  • 6 min

The Believer Company, founded by game veterans from Riot Games and other companies, has raised $55 million to create a new game studio in Los Angeles.

That’s a huge amount for a brand-new studio with just 12 people, but it’s also a testament to the background of the founders. CEO Michael Chow is a former Riot Games veteran who served as executive producer of League of Legends: Wild Rift, and he was also cofounder of Words With Friends developer Newtoy.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.