Odd Meter, the independent game studio behind the critically acclaimed narrative adventure Indinka, has raised $5 million in funding from Gem Capital and Autotelic Ventures.
Odd Meter’s new funding round will be used to develop the studio’s as-yet-unannounced next project. Released in 2024, Odd Meter’s breakout title Indika was one of the most awarded narrative-driven indie games of the year.
“Odd Meter has shown that deeply authored, narrative-focused games can achieve both critical acclaim and global visibility,” said Gem Capital managing director Roman Gurskiy in a press release. “Indinka stood out not only creatively, but also in how strongly it resonated with audiences and industry peers. With the studio’s next project, the team has the opportunity to build something larger and more ambitious, while preserving the distinctive creative voice that made Indinka stand out. We see strong long-term potential in the team and their next chapter.”
Indika received major international recognition, including top honors at the Japan Game Awards and Games for Change. It earned nominations at leading global awards, including The Game Awards, BAFTA Games Awards, and DICE Awards. Indika was widely praised for its narrative ambition, distinctive visual style, and unconventional thematic approach.
Odd Meter’s latest funding round allows the studio to expand while preserving its creative independence, according to Odd Meter creative director Dmitry Svetlow in the press release. “This round gives the studio the runway to grow the team and stay fully focused on building its next game,” Svetlow said. “We’re grateful to Gem Capital and Autotelic Ventures for their support and trust in our vision. We’re applying everything we learned from Indika to a new project that pushes our narrative and artistic goals further, while scaling production to a new level.”
As of yet, Odd Meter has not disclosed any details about its upcoming new project, including genre, platforms, or release window.
“Odd Meter has proven its ability to execute ambitious ideas at a high level. We believe the studio is well-positioned to deliver another standout title with global relevance,” said Autotelic Ventures chief executive officer Vladislav Korotkov in the press release.