Cyprus-based Nice Plans Studio has secured $3 million in a funding round led by Pixeldog with $600,000 being sourced from its founders.

This latest investment will support further development of its 3v3 shooter Ricochet Squad.

It also plans to use the funding to “further expand its gameplay formula” for future titles.

The developer is currently preparing a Series A funding round “to scale Ricochet Squad and accelerate a portfolio strategy”.

“Our mission is to evolve mobile multiplayer through games built on shared foundations: physics-driven combat, reimagined controls, meaningful teamplay, and system designed for long-term engagement,” said Nice Plans Studio co-founder and CEO Roman Malakhov.

Co-founded by Malakhov and game director Dmitry Koblyk, Nice Plans Studios currently has a 21-person team.