Moon Beast Productions is making an ARPG.
Moon Beast Productions is making an ARPG.
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Moon Beast Productions raises $4.5M for action RPG

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

Moon Beast Productions, an independent game studio founded by industry veterans Phil Shenk, Peter Hu, and Erich Schaefer, has secured $4.5 million in seed funding.

Led by 1AM Gaming, the round is joined by 1UP Ventures, The Mini Fund, Overwolf, Versus Ventures, and a network of notable angel investors that includes Gaingels, Cohh Carnage, and Mark Pincus.

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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.