Venice is making waves with exciting developments in its tech scene. The old Tervis Tumbler factory, which had been an iconic part of the community, is now home to a new tenant: Combat Waffle Studios. This fast-growing video game company, supported by Meta, is bringing a fresh energy to the space formerly occupied by the drinkware manufacturer.
The Tervis Tumbler brand had faced a tough period in recent years, with declining sales leading to bankruptcy. As a result, they had to part ways with their headquarters, selling it to a real estate company. In August, Buligo Capital purchased the property, and now, Combat Waffle Studios is stepping in. This move marks a significant shift for the building and for Venice’s tech landscape.
Combat Waffle Studios, known for their hit virtual reality game Ghosts of Tabor, has been thriving. Recently, the game brought in $20 million in sales, a major milestone for the company. To keep up with their rapid growth, Combat Waffle needed more room. Previously operating out of a smaller industrial space, they were on the hunt for a location that could better accommodate their expanding team and cutting-edge work.
The new building on Triple Diamond Boulevard is a perfect fit for the growing gaming company. It will feature several high-tech spaces, including meeting rooms and VR testing areas. The studio also plans to build motion capture rooms and secure development zones for their work on future projects. Plus, the building already comes equipped with fast fiber-optic internet, which is essential for the company’s high-tech needs.
Combat Waffle is also expanding its team, with plans to hire around 100 employees for their new location. This hiring surge reflects the company’s ambitious growth strategy and the exciting opportunities that come with it. Venice now has its very own gaming hub, and it’s clear that Combat Waffle Studios is committed to making it a thriving center of innovation.
This move to the Tervis building is just the beginning for Combat Waffle Studios. With the right space, a growing team, and successful games like Ghosts of Tabor, the company’s future in Venice looks bright. As they continue to expand and push the boundaries of virtual reality gaming, it’s clear that Combat Waffle is putting Venice on the map as a new tech hotspot.
What do you think about this exciting shift in Venice’s tech scene? Share your thoughts below and stay tuned for more updates on Combat Waffle Studios’ progress in their new home!