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Moon Beast Productions Raises $4.5 Million for Debut RPG, Later Revealed as Darkhaven

Moon Beast Productions announced a $4.5 million seed round in December 2024 to grow its team and fund its debut game, later revealed as Darkhaven.
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Moon Beast Productions announced a $4.5 million seed round in December 2024, led by 1AM Gaming. The studio said it would use the funding to expand its team and develop its debut game, which was later revealed as the dark-fantasy action RPG Darkhaven. The seed round and the game’s later Kickstarter campaign were separate funding events.

Who invested in Moon Beast Productions?

GameDeveloper and GamesBeat reported that 1AM Gaming led the $4.5 million seed round. Their coverage also named 1UP Ventures, The Mini Fund, Overwolf, Versus Ventures, and angel investors Gaingels, Cohh Carnage, and Mark Pincus as participants. These are reported participants in the announcement, not figures from a public financing database. (GameDeveloper; GamesBeat)

Funding coverage identified Moon Beast’s founders as Phil Shenk, Peter Hu, and Erich Schaefer, veterans of Diablo and Diablo II. The studio said the capital would help it grow its team and finance its first game. The coverage does not establish the studio’s current headcount, the round’s runway, or any subsequent financing. (GamesBeat; Steam community announcement)

What game is Moon Beast making?

The debut project was later revealed as Darkhaven, a dark-fantasy isometric action RPG. Its Steam listing describes a procedurally generated open world that players can fully destroy. Those are the game’s stated design features, not an independent assessment of how they play. (Darkhaven on Steam)

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#1 Best Overall
Cephalofair Games: Gloomhaven Cooperative Board Game
  • Award-winning base game in the Gloomhaven universe that includes everything you need to have 90+ thematic roleplaying sessions with tactical combat.
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How much did Darkhaven raise on Kickstarter?

Darkhaven’s Kickstarter campaign ran from February 16 to March 21, 2026. It finished with $532,412 pledged by 5,150 backers, surpassing its $500,000 goal. Those totals belong to the crowdfunding campaign, not Moon Beast’s 2024 seed round. (Kickstarter campaign)

The studio announced the public pre-alpha demo and Kickstarter launch on February 16, 2026. (Moon Beast Steam community announcement)

Rank #2
Cephalofair Games: Frosthaven
  • EPIC COOPERATIVE CAMPAIGN: Gather up to 4 players and embark on a massive adventure filled with dangerous battles, challenging scenarioes, and meaningful choices that will shape the outpost of Frosthaven.
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  • DEEP CHARACTER PROGRESSION: Discover over 17 unique mercenary classes with their own playstyles to explore with throughout your campaign. Develop your characters and unlock new abilities and story plots as you play.
  • BUILD AND DEVELOP FROSTHAVEN: Grow and restore the remote outpost of Frosthaven by gather resources, crafting, unlocking buildings, and making decisions that will effect the settlement's future.
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Is Darkhaven released yet?

As of October 8, 2026, Steam labels Darkhaven “Coming soon”; the store page says the game is not yet available and has no user reviews. That status may change, so consult the Steam listing for the current release status.

The studio’s Kickstarter FAQ gives no firm release date. Its stated plan is to launch first in Early Access on Windows via Steam when the game offers a fulfilling experience. Other platforms are possibilities for later, not confirmed releases, and depend on several factors. (Darkhaven Kickstarter FAQ)

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