# Mainframe Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mainframe-industries

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.themainframe.com
- Total disclosed funding: $30M
- Latest round: Series B (Nov 29, 2021)
- Investors on record: 7

## About

Mainframe Industries Oy is a game development company specializing in immersive experiences through Pax Dei, an innovative player-driven social sandbox MMO that offers extensive customization options and cross-platform accessibility.Founded in 2019 and headquartered in Helsinki, Finland, Mainframe Industries Oy focuses on creating engaging gaming experiences. The company was established by a team of founders including Ansu Lönnberg, Eetu Martola, Jyrki Korpi-Anttila, Kjartan Emilsson, Saku Lehtinen, and Thor Gunnarsson, with Thor Gunnarsson currently serving as CEO. Notably, in November 2021, Mainframe raised EUR 17.3 million in Series B funding led by Andreessen Horowitz, marking a significant investment in their development efforts. The company has successfully completed three deals, with its most recent funding round being a pivotal part of its growth strategy.Mainframe Industries primarily focuses on the development of Pax Dei, a player-driven, social sandbox MMO that allows users to craft their in-game experiences extensively. This MMORPG immerses players in a medieval setting where they can build personal homes, engage in political dynamics, and select various roles such as monarch or tradesperson. Designed for cross-platform play, it enables participation from PCs, consoles, and mobile devices. As of June 2024, Pax Dei is in Early Access, following previous phases of public alpha tests and co-publishing partnerships. Although the company operates in Helsinki, Finland, it has expanded its reach to Paris, targeting gaming enthusiasts across Europe and North America.In the most recent fiscal year, Mainframe Industries reported a revenue of EUR 160,155.1 from their gaming operations. The company generates income through subscription sales and in-game purchases related to Pax Dei. Players can access the game via various platforms and make additional purchases for enhanced content. The financial structure is supported by venture capital investments from reputable entities such as Andreessen Horowitz and Riot Games, allowing for continued development and marketing initiatives.Mainframe Industries is focused on expanding its offerings with future developments planned for Pax Dei, aiming to enhance player engagement and gameplay features. The company is strategically targeting expansion into additional European markets and North America, leveraging the EUR 17.3 million raised in Series B funding to support these initiatives. The funding will also facilitate the launch of new features and improvements in the game's infrastructure, expected to attract a broader player base and enhance overall user experience.

## Funding rounds

- Series B, Nov 29, 2021, $20M — Andreessen Horowitz, Riot Games, Dreamhaven, Inc.
- Series A, Mar 19, 2020, $8.1M — Andreessen Horowitz, Riot Games, Sisu Game Ventures, Crowberry Capital, Maki.vc, Play Ventures
- Seed, Oct 1, 2019, $2.2M — Sisu Game Ventures, Crowberry Capital, Maki.vc, Play Ventures

## Investors

- Sisu Game Ventures (https://capitalatlas.ai/funds/sisu-game-ventures) — Seed, Series A
- Crowberry Capital (https://capitalatlas.ai/funds/crowberry-capital) — Seed, Series A
- Maki.vc (https://capitalatlas.ai/funds/maki-vc) — Seed, Series A
- Play Ventures (https://capitalatlas.ai/funds/play-ventures) — Seed, Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B
- Riot Games — Series A, Series B
- Dreamhaven, Inc. — Series B