# Concept Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/concept-labs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.conceptarthouse.com
- Total disclosed funding: $25M
- Latest round: Series A (Oct 18, 2021)
- Investors on record: 15

## About

Based in the US, Concept Labs operates as a digital art service provider, specializing in high-quality artistic solutions tailored for the entertainment sector, with a primary focus on video game development.Concept Labs is a digital art service provider established in 2007 in San Francisco, US. The company has previously pivoted to focus on the video game sector, enhancing its offerings over time. Founders Christian Cantrell and Klark Xia have extensive backgrounds in the industry, contributing to its growth. The company raised USD 25.00 mn in its Series A funding round on October 18, 2021, led by Dapper Labs Inc., with several other investors participating. This funding round represented the total amount raised to date, confirming the company's position as a target for investment.Concept Art House specializes in delivering high-quality digital art services tailored for the entertainment industry, focusing primarily on the video game sector. The company offers a range of services including AAA and mobile game art creation, character design, 2D and 3D asset development, animation, and visual effects (VFX). These services enhance user experiences within gaming environments, addressing client needs for engaging and visually compelling content. Notable clients include Activision Blizzard, Epic Games, Roblox, and NCSoft, with operations spanning major markets in North America, Europe, and Asia.Concept Art House's revenue model is based on providing customized art solutions through project-based contracts and partnerships. Collaborations typically involve game developers engaging the company for specific artistic needs, with pricing structures tailored to project complexity. Key revenue-generating services include the production of animated assets and VFX for major game titles, aligning with partner launch schedules. Long-term relationships with established gaming entities ensure a consistent revenue stream through repeat engagements and ongoing collaborations.In October 2021, Concept Art House raised USD 25.00 mn in Series A funding, which will be utilized for team growth, acquisitions, building an NFT vault, and expanding into new markets. The company aims to enhance its product offerings and enter additional geographical regions, focusing on strategic growth in the digital art domain for the gaming industry. This funding supports the growth initiatives planned for the upcoming years.

## Funding rounds

- Series A, Oct 18, 2021, $25M — Anthos Capital, The Spartan Group, Animoca Brands Corporation Limited, Liberty City Ventures, Onefootball GmbH, AppWorks, PKO TFI, Gaingels, Dapper Labs Inc., Protocol Labs, Inc., Fabric Ventures, HashKey Capital, Blockchain Coinvestors, Red Beard Ventures, Polymorphic Capital

## Investors

- Anthos Capital (https://capitalatlas.ai/funds/anthos-capital) — Series A
- The Spartan Group — Series A
- Animoca Brands Corporation Limited — Series A
- Liberty City Ventures (https://capitalatlas.ai/funds/liberty-city-ventures) — Series A
- Onefootball GmbH — Series A
- AppWorks (https://capitalatlas.ai/funds/appworks) — Series A
- PKO TFI — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Dapper Labs Inc. — Series A
- Protocol Labs, Inc. — Series A
- Fabric Ventures (https://capitalatlas.ai/funds/fabric-ventures) — Series A
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Series A
- Blockchain Coinvestors (https://capitalatlas.ai/funds/blockchain-coinvestors) — Series A
- Red Beard Ventures (https://capitalatlas.ai/funds/red-beard-ventures) — Series A
- Polymorphic Capital (https://capitalatlas.ai/funds/polymorphic-capital) — Series A