# Cold River Games

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

- Industry: Software
- Headquarters: Umea, Sweden
- Website: www.crg.studio
- Total disclosed funding: $1.5M
- Latest round: Seed (Mar 12, 2024)
- Investors on record: 5

## About

Based in Vasterbotten, Sweden, and founded in 2021 by Chief Executive Officer Ake Andre, Crypto Rogue Games AB operates as a game development studio, creating online crypto technology-based games. In March 2024, Crypto Rogue Games AB raised USD 1.5 from Merit Circle, Avalanche VC, SNZ Holding, CoinFund, and Lyrik Ventures.  

Crypto Rogue Games AB created a web3-based technology and blockchain-based game for users and gamers. The company developed a game known as Crystals of Naramunz (CoN), which is a free-to-play hack ‘n’ slash loot-driven action RPG set in a post-apocalyptic steampunk world centuries after a global disaster known as The Nexus. The game allows players to play the roles of various characters and explore a world filled with ruins, dungeons, and powerful relics. 

The company plans to use the funding from March 2024 to accelerate and expand the development of its upcoming hack ‘n’ slash action RPG called Crystals of Naramunz.

## Funding rounds

- Seed, Mar 12, 2024, $1.5M — SNZ Capital, CoinFund Management, Merit Circle, Lyrik Ventures, Avalanche

## Investors

- SNZ Capital (https://capitalatlas.ai/funds/snz-capital) — Seed
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Seed
- Merit Circle (https://capitalatlas.ai/funds/merit-circle) — Seed
- Lyrik Ventures — Seed
- Avalanche (https://capitalatlas.ai/funds/avalanche) — Seed