How Lunar Owl Helped Radical Forge Grow From a 5-Person Indie Team Into a Funded, Scaling Multi-Project Studio

In the early days, Radical Forge faced several challenges common to emerging indie teams:

• Limited business operations and management structure
• No established BD pipeline or strategy
• Lack of publisher relationships and industry network access
• Inexperience navigating funding conversations, licensing negotiations, and long-term deal structures
• Difficulty scaling efficiently while maintaining creative output

They needed more than a consultant—they needed a true strategic partner to guide them through growth.

Lunar Owl worked closely with Radical Forge’s leadership to strengthen every part of the business, from internal processes to external dealmaking.

1. Building Internal Operations & BD Foundations

We provided hands-on advisory support to help Radical Forge:

• Structure internal operations
• Build and manage a reliable BD pipeline
• Strengthen and grow their publisher network
• Improve communication and positioning with potential partners

This operational foundation became essential as the company grew.

2. Securing Funding for Southfield

One of the studio’s early major milestones was securing funding for Southfield. Lunar Owl led the deal strategy and positioned the project with the right partner, ultimately securing funding through Private Division, giving Radical Forge the resources needed to grow the project and expand the team.

3. Landing Major Licenses & New Original Projects

The last year has been one of Radical Forge’s most transformative. Lunar Owl helped the team secure:

• A major license they had been pursuing
• Publisher and funding partners for that project
• An original IP deal with one of the largest publishers in the industry
• Porting work on a well-known franchise set to launch next year

We packaged deals, managed positioning, negotiated terms, and ensured Radical Forge entered agreements from a position of strength.

4. Supporting Their Equity Raise

In addition to project funding, Lunar Owl advised Radical Forge through their equity raise with Mercia Capital, providing strategic, financial, and negotiation guidance to ensure a successful outcome.

5. Ongoing Strategic Support & Future Opportunities

Our work continues to fuel Radical Forge’s growth, including:

• Sourcing high-value projects
• Supporting funding conversations
• Advising on operational scaling
• Managing deal flow into 2026 and beyond

The partnership remains strong and deeply collaborative, with major opportunities currently in motion.

The Results

Radical Forge has transformed from a 5-person indie team into a scaling multi-project studio with funded titles, major licenses, and strong publisher backing. The studio now operates with greater efficiency, stability, and confidence—supported by a robust BD pipeline and long-term strategic opportunities.

The leadership team credits Lunar Owl as a core contributor to their success, noting that the hands-on advisory relationship has been critical to their growth and maturity as a studio.

Why It Worked

Radical Forge brought creativity, passion, and talent. Lunar Owl provided the structure, strategy, and industry access needed to turn potential into momentum. Together, we built a partnership defined by trust, long-term thinking, and consistent execution across multiple years and multiple deals.

The Future Looks Even Bigger

With significant opportunities in progress for 2026 and beyond, Radical Forge is entering its strongest chapter yet—and Lunar Owl remains deeply involved in helping shape that future.