The studio, based in the north west of England, is being led by former senior manager at Bizarre, Pete Wallace, with a handful of Bizarre alumni also on board.
It’s hoping to create at least 50 posts.
“With the great history of Bizarre behind us, we are proud to be part of Lucid and are committed to the UK game development community,” said Wallace.
“We plan to build a studio which encourages open communication with its partners, customers and other developers.”
Speaking in an interview with the Liverpool Daily Post, commercial director Andy Davidson said it looks to get back to the kind of level Bizarre was at which made it a key buy for Activision.
“We want to get back to the levels of innovation and creativity at Bizarre that made Activision so keen to acquire it,” he said.
Lucid will be out in force at GDC next week.