# BetaDwarf

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/betadwarf-aps

- Industry: Software
- Headquarters: Copenhagen, Denmark
- Website: www.betadwarf.com
- Total disclosed funding: $6.6M
- Latest round: Series A (Sep 13, 2019)
- Investors on record: 4

## About

BetaDwarf ApS is a Copenhagen-based video game development company that creates innovative gaming experiences, focusing on strategic gameplay and rich narratives that resonate with diverse audiences.Founded in 2011 and headquartered in Copenhagen, Denmark, BetaDwarf ApS specializes in developing engaging video games. The company was established by Kenneth Harder, who has a background in the gaming industry. In July 2025, BetaDwarf ApS raised an undisclosed amount from Square Enix, Inc. BetaDwarf specializes in the development of innovative gaming experiences, focusing on a blend of strategic gameplay and engaging narratives. Their flagship title, "For The King," released in 2018, features unique roguelike elements and cooperative multiplayer gameplay. Set in a vibrant, procedurally generated world, the game allows players to engage in turn-based combat, addressing the need for dynamic and replayable gaming experiences. The company targets a broad customer base, including casual gamers and dedicated enthusiasts, primarily within the North American and European markets.In the most recent year, 2014, BetaDwarf reported revenue of USD 1,484,563.60. Their financial performance included an EBITDA of USD 1,076,757.90 for the year 2023. The company generates revenue through direct-to-consumer sales via digital distribution platforms and through various pricing strategies aimed at enhancing market presence and encouraging repeat purchases. The company plans to utilize the July 2025 funding to advance the creation of its multiplayer action RPG, Vaultbreakers.

## Funding rounds

- Series A, Sep 13, 2019, $6.6M — London Venture Partners, Everblue Management, Makers Fund, 1Up Ventures

## Investors

- London Venture Partners (https://capitalatlas.ai/funds/london-venture-partners) — Series A
- Everblue Management — Series A
- Makers Fund (https://capitalatlas.ai/funds/makers-fund) — Series A
- 1Up Ventures (https://capitalatlas.ai/funds/1up-ventures) — Series A