# Bright Star Studios

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bright-star-studios-aps

- Industry: Internet
- Headquarters: Midtjylland, Denmark
- Website: www.embersword.com
- Total disclosed funding: $2M
- Latest round: Seed (May 26, 2021)
- Investors on record: 8

## About

Bright Star Studios ApS, based in Denmark, develops innovative gaming experiences through its blockchain-based MMORPG, Ember Sword, merging traditional gaming with decentralized finance.Founded in 2018 in Midtjylland, Denmark, Bright Star Studios ApS is a game development company that focuses on creating immersive gaming experiences. The company was co-founded by Joris Huijbregts, Loren Roosendaal, and Mark Laursen, with Mark Laursen serving as the CEO. Bright Star Studios has made two notable funding rounds, with the most recent being a Seed round in May 2021, where they raised USD 2.000 mn led by Dialectica, alongside investors such as Animoca Brands Corporation Limited and Yield Guild Games.Bright Star Studios primarily offers Ember Sword, a blockchain-based massively multiplayer online role-playing game (MMORPG). The game allows players to engage in player-versus-environment (PvE) and player-versus-player (PvP) activities while owning and trading digital assets secured on the blockchain. Launched in 2021, Ember Sword targets the gaming community interested in both entertainment and investment opportunities, with a presence in North America, Europe, and parts of Asia.For the most recent year, the company's EBITDA amounted to USD -3,935,124.50. The revenue model is largely based on direct-to-consumer transactions for in-game assets and non-fungible tokens (NFTs), creating a marketplace for unique items and properties within the game.Following the Seed funding round in May 2021, where Bright Star Studios ApS raised USD 2.000 mn, the company plans to leverage these funds for growth and expansion. Upcoming projects include new features and enhancements for Ember Sword, with efforts geared towards entering additional markets in Asia and South America by the end of 2023.

## Funding rounds

- Seed, May 26, 2021, $2M — Eden Ventures, Animoca Brands Corporation Limited, Dialectica, Delphi Digital, Coingecko, DeFiance Capital, Mechanism Capital, Yield Guild Games

## Investors

- Eden Ventures — Seed
- Animoca Brands Corporation Limited — Seed
- Dialectica — Seed
- Delphi Digital — Seed
- Coingecko — Seed
- DeFiance Capital — Seed
- Mechanism Capital (https://capitalatlas.ai/funds/mechanism-capital) — Seed
- Yield Guild Games (https://capitalatlas.ai/funds/yield-guild-games) — Seed