Cyprus-Based Nice Plans Studio Secures $3M to Expand Shooter Game

Cyprus-Based Nice Plans Studio Secures $3M to Expand Shooter Game

16 June 2025

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Cyprus-based Nice Plans Studio has secured $3 million in a funding round led by Pixeldog with $600,000 being sourced from its founders.

This latest investment will support further development of its 3v3 shooter Ricochet Squad.

It also plans to use the funding to "further expand its gameplay formula" for future titles.

The developer is currently preparing a Series A funding round "to scale Ricochet Squad and accelerate a portfolio strategy".

"Our mission is to evolve mobile multiplayer through games built on shared foundations: physics-driven combat, reimagined controls, meaningful teamplay, and system designed for long-term engagement," said Nice Plans Studio co-founder and CEO Roman Malakhov.

Co-founded by Malakhov and game director Dmitry Koblyk, Nice Plans Studios currently has a 21-person team.

Source: GamesIndustry

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Lucy is a young unicorn passionate about responsible business practices, from Sustainability and ESG performance management to deep-dive investigations of the broad socio-political and macro-economic implications of various government and business strategies. Lucy has a knack for research, data analytics, and understanding the implications of new and disruptive technologies. Prior to becoming a tech news reporter, Lucy spent a few years working for the United Nations, researching and evaluating the socio-economic impact of various programs and the adoption of technological innovations. Lucy studied integrated engineering, and worked on converting her fuel-powered car into an electric vehicle as her final project for graduation. Lucy can still be seen driving her zero-emissions vehicle in and around Dubai, where she grew up. Lucy speaks English and Arabic, and completed her studies in Canada, where she also minored in magic powered technological solutions. Lucy specializes in sustainable development, climate tech, ESG, social impact startups, venture capital, macroeconomics and geopolitics.

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