ProbablyMonsters closes fundraise with $250M for new game studios

ProbablyMonsters announced that it has closed its latest round of fundraising. After announcing last September that it had already raised $200 million, it has now given the final amount: $250 million.

LKCM Headwater Investments, which has served on the company’s board since 2018, led the round. ProbablyMonsters plans to put the money towards its various development teams, with the goal of building the whole company into a more stable home for developers.