Fundraising Fox

Lost Lake Games

Seattle, US · Founded 2021 · Delaware corporation · 4 known investors

Lost Lake Games is a video game studio developing new game titles.

Also known as Lost Lake

Founders & leadership

MP
Mark PottorfEstimated use of initial proceeds for executive salaries.
JP
Joseph PikopExecutive
JP
James PhinneyNamed on SEC filing

Investors · 4

Reported raises · per SEC filings

Form D private placements

$5.1M disclosed across 2 rounds · 2021–2024

$100KraisedOct 2024 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • James PhinneyExecutive Officer, Director
  • Mark PottorfExecutive Officer
  • Joseph PikopExecutive Officer, Director
Offering amount
$750K
Amount sold
$100K
Minimum investment
$25K
Proceeds to insiders
$25K
First sale
Oct 2024
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedJan 2022 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • James PhinneyExecutive Officer, Director
  • Joseph Jerome PikopExecutive Officer, Director
  • Mark PottorfExecutive Officer, Director
Offering amount
$5M
Amount sold
$5M
Minimum investment
$20K
First sale
Dec 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Lost Lake Games is an independent video game studio headquartered in the Seattle area. It was founded in 2021 by CEO James Phinney, artist Joe Pikop and engineer Mark Pottorf, and describes itself as "an independent studio committed to making games that blaze new trails and spark your next adventure." At the time of its February 2022 funding announcement the company was a six-person team and had not disclosed details of the game or games in development.

The studio states that it is not tied to a single platform or genre, and press coverage describes it as building cross-platform games. Management has framed the studio's approach around empowering individual developers and a collaborative internal culture rather than a specific product category.

Founding story

The studio was founded in 2021 by three co-founders spanning game design, art and engineering. James Phinney was previously a lead game designer and producer at Blizzard (Diablo, Warcraft II, StarCraft), director of game design at ArenaNet (Guild Wars) and creative director at Undead Labs (State of Decay), and also worked at Motiga. Joe Pikop worked as a character artist at Rockstar Games, ArenaNet and Motiga. Mark Pottorf was a gameplay programmer and lead programmer whose credits include H1Z1, Gigantic, Quantum Conundrum, Golem and Dark Void, with prior roles at Motiga, Daybreak, Airtight Games and Highwire Games. GeekWire also identified Katy Hargrove, an animator and artist who was art lead on Guild Wars 2 and previously worked at Valve and Warner Bros., and Patrick Corwin, a former technical artist at ArenaNet and Motiga, as co-founders.

Business model

Game development studio creating original game titles; the company has not disclosed publishing, platform or monetization arrangements.

Traction

As of the February 2022 announcement the studio had six people, $5 million in seed capital and had not publicly detailed its game projects.

Latest developments

In February 2022 the company emerged from stealth with a $5 million seed round led by BITKRAFT Ventures, earmarked for team expansion, game development and production.

Full profile — market position, technology, geography, history

Market position

A newly formed, venture-backed independent studio among roughly 50 video game companies in the Seattle and surrounding port-city area, positioned as a mid-sized studio staffed by AAA development veterans.

Technology

The studio is described as building cross-platform games and states that it is not tied to a single platform or genre.

Geography

Primary headquarters in the Seattle area, with stated plans to expand its presence in the Pacific Northwest.

History

Founded in 2021, Lost Lake Games operated in stealth before publicly announcing a $5 million seed round on February 1, 2022, led by BITKRAFT Ventures with participation from Lightspeed Venture Partners, Moon Holdings and 1Up Ventures. An SEC filing disclosed the financing in January 2022, ahead of the company's own announcement. Proceeds were designated for game development, production and expansion of the development team in the Pacific Northwest.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesFeb 20226 people

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 3

by search overlap

Companies competing with Lost Lake Games for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 1

launches, deals, and filings
Feb 2022
Lost Lake Games announces $5M seed round led by BITKRAFT Ventures

The newly formed Seattle studio publicly announced a $5 million seed round led by BITKRAFT Ventures with participation from Lightspeed Venture Partners, Moon Holdings and 1Up Ventures. Funds were allocated to development team expansion, game development and production. An SEC filing had revealed the financing in January 2022.

$5M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Lost Lake GamesDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Lost Lake Games do?
Seattle-based independent video game studio founded in 2021 by veterans of Blizzard, ArenaNet and Rockstar Games.
Who are Lost Lake Games's investors?
Lost Lake Games's investors include Bitkraft Esports Ventures, Moon Holdings, BITKRAFT Ventures, Lightspeed Venture Partners.
How much funding has Lost Lake Games raised?
Lost Lake Games has disclosed $5.1M raised across 2 rounds.
Where is Lost Lake Games headquartered?
Lost Lake Games is headquartered in Seattle, US.