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Ex-NetEase exec Simon Zhu raises $100M and invests in Casey Hudson’s Star Wars game startup

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Why this matters to Alberta game development

GreaterThan Group’s investment in Edmonton-based Arcanaut Studios brings significant international financing to an Alberta-led game project. Founded by former BioWare general manager and Mass Effect director Casey Hudson, Arcanaut is developing Star Wars: Fate of the Old Republic, a spiritual successor to Star Wars: Knights of the Old Republic, which Hudson originally directed at BioWare in Edmonton. The investment connects Edmonton’s long history of developing major narrative role-playing games with a new generation of independent studios. GreaterThan Group, founded by former NetEase investment executive Simon Zhu, has raised $100 million to invest in game studios, with Arcanaut among its first investments. The backing gives an Edmonton studio access to substantial private capital while developing a globally recognized intellectual property, reinforcing Alberta’s continued role in large-scale international game development.