# Daylight Studios

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/daylight-studios

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.day-lightstudios.com
- Total disclosed funding: $2.5M
- Latest round: Series A (Apr 5, 2018)
- Investors on record: 6

## About

Daylight Studios is a Singapore-based company focused on creating and publishing engaging video games, primarily in the casual gaming sector, appealing to diverse audiences through humor and innovative gameplay.Founded in 2011, Daylight Studios develops video games that cater primarily to the casual market. The company has not reported any significant pivots or changes in operations. Headquartered in Singapore, it has completed a total of 5 deals with its most recent funding round being a Series A which raised USD 0.12 mn from investors Great Noble International and Raffles Venture Partners. The company's current valuation is USD 2.861 mn.Daylight Studios specializes in developing and publishing engaging video games, with a portfolio that includes titles such as "Holy Potatoes! A Weapon Shop?!", "Holy Potatoes! We're In Space?", and "Plantopia". These games leverage humor and creative storytelling, targeting casual gamers across platforms, including PC and mobile devices.In 2020, Daylight Studios reported a revenue of USD 129,832.80 with an EBITDA of USD -100,159, primarily generated through direct-to-consumer sales of its video games available via digital platforms. Their flagship products attract a wide player base, contributing to customer retention.Daylight Studios raised USD 116,000 in Series A funding on April 5, 2018, which valued the company at USD 2.86 mn. The funding will support the development of new gaming titles and expansion into markets in North America and Europe, with the goal of launching new products by 2022.

## Funding rounds

- Series A, Apr 5, 2018, $0.1M — Raffles Venture Partners, Great Noble International
- Series A, Feb 15, 2017, $1M — Raffles Venture Partners, Adways, Great Noble International
- Seed, Nov 11, 2016, $1.4M — Raffles Venture Partners, National Research Foundation, Red Dot Ventures, Great Noble International, NUS Technology

## Investors

- Raffles Venture Partners (https://capitalatlas.ai/funds/raffles-venture-partners) — Seed, Series A
- National Research Foundation — Seed
- Red Dot Ventures (https://capitalatlas.ai/funds/red-dot-ventures) — Seed
- Great Noble International — Seed, Series A
- NUS Technology — Seed
- Adways — Series A