# HipFire Games

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

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.hipfirevr.com
- Latest round: Seed (Feb 21, 2019)
- Investors on record: 1

## About

HipFire Games Oy is a game development studio specializing in immersive virtual reality experiences. The company focuses on creating innovative gaming solutions that enhance user engagement and interaction.Founded in 2017, HipFire Games Oy is a game development company based in Helsinki, Finland. The firm specializes in the development of virtual reality games, catering to the growing gaming market. While there is no mention of any pivots in business operations, the company has successfully completed a funding round to bolster its growth initiatives. The company raised seed funding in February 2019 from Sisu Game Ventures and individual investors, marking a significant step in its investment journey. Specific details about the founder are not available, but the firm has engaged in one significant deal to date.HipFire Games Oy offers a range of virtual reality games designed to provide immersive experiences for players. The company's core products focus on delivering engaging gameplay that leverages the capabilities of virtual reality technology. By targeting both casual and hardcore gamers, HipFire Games aims to meet the diverse needs of its clientele across various platforms. The firm markets its products primarily in North America, Europe, and parts of Asia, ensuring broad accessibility to a wide audience.In the most recent fiscal year of 2019, HipFire Games Oy reported revenue of USD 12,254. The company operates on a subscription-based revenue model, allowing clients to access its gaming products and services through flexible agreements. Although the company experienced a negative EBITDA of USD 225,128 in the same year, it continues to focus on building its client base and enhancing its product offerings.HipFire Games Oy plans to expand its product lineup by developing new virtual reality games slated for release in the coming years. The firm aims to tap into new markets in Asia and North America by the end of 2022. The funding raised in February 2019 will be utilized to support these expansion efforts, allowing the company to enhance its development capabilities and reach a broader audience.

## Funding rounds

- Seed, Feb 21, 2019 — Sisu Game Ventures

## Investors

- Sisu Game Ventures (https://capitalatlas.ai/funds/sisu-game-ventures) — Seed