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Pacific Drive Studio Ironwood Raises $4 Million Seed Round Led by Lifelike Capital

Backing reflects Pacific Drive’s momentum across sales, subscriptions, plus a TV deal.

Overview

  • Ironwood Studios closed a $4 million seed financing led by Lifelike Capital, according to the company and multiple outlets.
  • The studio says the funds will support development of its next game, with no details about the project disclosed.
  • Lifelike’s Randy Lee pointed to Pacific Drive’s immersive design and the team’s proven ability to ship as key investment drivers.
  • Pacific Drive has sold over 1.5 million copies and surpassed 3 million players through PlayStation Plus and Xbox Game Pass.
  • The Seattle-area studio, founded in 2019 and roughly 20 people strong, also has a Pacific Drive TV adaptation in the works with James Wan’s Atomic Monster.