Studio 42 Funding News – Studio 42 Raises $3.6M To Build Next-Gen Puzzle Games

The funding round was led by Play Ventures, with support from GEM Capital and Arcadia Gaming Partners. Studio 42 plans to refresh the puzzle genre by using a hybrid-casual approach—mixing classic puzzle gameplay with extra features to keep players engaged.

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Puzzle games are a top-performing category in mobile gaming, but also highly competitive. Big names like Candy Crush Saga and Royal Match dominate the space. However, new hybrid styles are becoming more popular.

Studio 42 is already working on its first game and is moving fast. Their first prototype went from idea to live test in just two months.

The team uses AI to test all product ideas and plans to review up to 10 concepts a year—a fast, data-driven strategy common among today’s lean gaming studios.

“We are excited to partner with Play Ventures, GEM Capital, and Arcadia Gaming Partners and take the next step in our journey,” said Aleksandr Bogdanov, CEO of Studio 42. “Their support allows us to focus on what we do best — creating simple yet deeply engaging experiences. We believe that genius lies in simplicity, and together, we are ready to bring fresh ideas to the puzzle genre.”

“We’re thrilled to back Aleksandr, Ivan, Pavel, and the incredible team they’ve brought together at Studio 42,” said Henric Suuronen, Founding Partner at Play Ventures. “From the start, we were aligned on their vision — reimagining core puzzle mechanics through a hybrid-casual lens, with live ops as a strategic driver. Their track record speaks for itself, and we couldn’t be prouder to support them.”

Mobile gaming makes up over 50% of global gaming revenue (according to Newzoo). Studios that can mix strong game ideas, fast testing, and smart monetisation are in a great position to succeed.

Studio 42 currently has a 14-person team spread across four countries and is actively hiring as it grows and tests new game concepts.

About Studio 42

Founded in 2025 by former leaders of Belka Games, Studio 42 is a mobile game startup based in Cyprus. The studio focuses on casual puzzle games with a hybrid-casual twist blending classic puzzle gameplay with modern features like metagames. They are currently working on their first original game and have raised $3.6 million in seed funding to support its development.