Moon Beast Productions is a development studio that formed in 2021 by a bunch of former Blizzard developers that worked on classic action RPGs like Diablo and Diablo 2. This week, the studio announced that they're hoping to continue their ARPG legacy thanks to securing $4.5 million in funding for a new game.
Moon Beast Productions announced that they hope to explore "an alternate trajectory for action RPGs." Chief creative officer Erich Schaefer was the lead designer on Diablo 1. Schaefer is also joined by CEO Phil Shenk and president Peter Hu, both of whom worked on Diablo 2. Beyond the Diablo franchise, the team is made up of members that worked on titles such as Torchlight, Hellgate: London, and Marvel Heroes Online.
The $4.5 million in funding comes from a number of different investors, which include Overwolf, 1AM Gaming, 1UP Ventures, Cohh Carnage, and founder of Zynga, Mark Pincus.
"For the past 20 years, we’ve dreamed of ARPG gameplay in more open, dynamic worlds. We finally have the technological capabilities and decades of design experience to bring those visions to life. We're going back to what made those early Diablo games feel so awesome but taking them in some cool, fresh directions." - Erich Schaefer
Moon Beast hopes to share more details on this title later in 2025.
