That's No Moon Entertainment

That's No Moon Entertainment

Independent studio producing narrative-driven AAA games

About That's No Moon Entertainment

Simplify's Rating
Why That's No Moon Entertainment is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Consumer Software

Entertainment

Gaming

Company Size

201-500

Company Stage

Early VC

Total Funding

$101.5M

Headquarters

Los Angeles, California

Founded

2021

Overview

That's No Moon Entertainment is an independent studio that develops narrative-driven AAA video games. Its games blend cinematic storytelling with large-scale production, aiming to immerse both casual and hardcore players. The studio monetizes through game sales, in-game purchases, and partnerships or licensing deals, produced by a collaborating team drawn from top studios. It differentiates itself by combining indie independence with AAA-level talent and a focus on responsible production to shape the future of AAA storytelling.

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Simplify's Take

What believers are saying

  • Narrative gaming surges with Final Fantasy VII Rebirth, Starfield success.
  • Smilegate's investment accelerates Korean publisher Western expansion.
  • PC gaming revenue grows 23% through 2025 for dual-platform potential.

What critics are saying

  • Mumbauer controls thatsnomoon.com, causes outages costing $1M.
  • Lawsuit against Mumbauer distracts leadership, erodes Smilegate confidence.
  • No game announced since 2021 burns cash, forces layoffs by 2027.

What makes That's No Moon Entertainment unique

  • Veterans from Naughty Dog, Infinity Ward, Bungie drive narrative AAA games.
  • Independent studio model backed by Smilegate's $100M investment.
  • Playa Vista location fosters creativity and collaboration culture.

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Funding

Total Funding

$101.5M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

6%
LA TechWatch
Oct 2nd, 2023
The LA TechWatch Startup Daily Funding Report: 10/2/2023

FuzzyBot, an independent gaming studio, has raised $12.96M in funding according to a recent SEC filing.

VentureBeat
Jul 28th, 2021
Smilegate invests $100M in That’s No Moon Entertainment with ex-Sony, Naughty Dog, and Activision devs

That's No Moon Entertainment has raised more than $100 million in investment from CrossFire creator Smilegate.Read More

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