# Aquiris Game Studio Ltda.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aquiris-game-studio-ltda

- Industry: Software
- Headquarters: Porto Alegre, Brazil
- Website: www.aquiris.com.br
- Latest round: Series A (May 23, 2014)
- Investors on record: 1

## About

Based in Brazil, Aquiris Game Studio Ltda. is a video game development company known for creating engaging gaming experiences across various platforms, including mobile and consoles.Aquiris Game Studio specializes in developing video games that target casual and dedicated gamers. Founded in 2007 in Porto Alegre, Brazil, the studio has evolved over the years and engaged in four notable investment rounds. In April 2023, Aquiris was acquired by Epic Games, Inc., marking a significant shift in its operational strategy. The deal, valued at USD 26.00 mn, included investments from prominent firms such as DoubleDown Interactive LLC and aXiomatic Gaming, LLC. The CEO of Aquiris is Mauricio Longoni.Aquiris Game Studio focuses on developing a range of video games, including well-known titles like "Horizon Chase Turbo" and "Horizon Chase 2," which are designed to offer nostalgic racing experiences. The studio targets both casual and dedicated gamers, distributing its products globally across North America, Europe, and Asia, and prioritizing mobile gaming platforms in their offerings.In 2020, Aquiris generated revenue of USD 9,012,244.40 and recorded an EBITDA of USD 4,149,935.20. Revenue is primarily derived from direct-to-consumer sales across multiple platforms, with a focus on one-time game purchases complemented by optional in-game purchases.Following the acquisition by Epic Games in April 2023, Aquiris aims to expand its reach in Latin America, leveraging the resources and network of its new parent company. Upcoming product launches and new game developments are anticipated, although specific release dates have not been disclosed. The recent funding will be utilized to enhance their development capabilities and support the launch of new titles, aiming to solidify their presence in the gaming industry.

## Funding rounds

- Series A, May 23, 2014 — CRP Companhia de Participacoes

## Investors

- CRP Companhia de Participacoes (https://capitalatlas.ai/funds/crp-companhia-de-participacoes) — Series A