Playdate does not seem like VC funded?
Panic is existing Mac software company, that sold (arguably, niche) software at not-that-small prices (well, usual for Mac OS ecosystem, at least in 2000s/2010s), and had a modest success being a distributor of Untitled Goose Game; and PlayDate is made in relatively small numbers; I would think they are self-funded and not backed by VCs.