# CCP Games

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ccp-games

- Industry: Software
- Headquarters: Reykjavik, Iceland
- Website: www.ccpgames.com
- Total disclosed funding: $40M
- Latest round: Seed (Mar 21, 2023)
- Investors on record: 6

## About

CCP hf., based in Iceland, specializes in creating immersive interactive entertainment, notably in the realm of massively multiplayer online gaming, providing players with complex worlds and engaging experiences.Founded in 1997 in Reykjavik, Iceland, CCP hf. is known for its innovative approach to online gaming. The company created the expansive universe of EVE Online and has pivoted to include various other gaming experiences. The current CEO is Burak Atilla, who has been instrumental in leading the company's vision. In March 2023, CCP Games raised USD 40 mn in a Seed funding round, led by Andreessen Horowitz, alongside other investors such as BITKRAFT Ventures, Nexon, and Makers Fund. This funding marks the total amount raised by the company as USD 40 mn.CCP Games focuses on developing interactive entertainment, particularly in the MMO genre. The flagship product, EVE Online, launched in May 2003, offers a vast science fiction universe for exploration and interaction. Other notable offerings include EVE Vanguard, a first-person shooter, EVE Galaxy Conquest, a mobile strategy game, EVE Frontier, and EVE Echoes, a mobile MMO. The company targets a global audience, with a strong presence in North America, Europe, and Asia.In 2023, CCP Games reported a revenue of USD 73.22 mn, with an EBITDA loss of USD 2.95 mn. The company generates revenue through direct-to-consumer sales, subscription fees for EVE Online, and in-game transactions across its various titles.Following its recent funding round in March 2023, CCP Games plans to enhance its research and development capabilities, focusing on the creation of a new AAA title that will incorporate blockchain technology. The funding will support the expansion of their team and resources aimed at innovation in gaming. The company is actively exploring opportunities to enter new markets, particularly targeting expansions into regions with growing gaming populations.

## Funding rounds

- Seed, Mar 21, 2023, $40M — Sunwah Kingsway, Andreessen Horowitz, Nexon, BITKRAFT Ventures, Makers Fund, Hashed Ventures

## Investors

- Sunwah Kingsway (https://capitalatlas.ai/funds/sunwah-kingsway) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Nexon — Seed
- BITKRAFT Ventures (https://capitalatlas.ai/funds/bitkraft-ventures) — Seed
- Makers Fund (https://capitalatlas.ai/funds/makers-fund) — Seed
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Seed