# Resolution Games

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

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.resolutiongames.com
- Total disclosed funding: $39M
- Latest round: Series C (Jul 14, 2021)
- Investors on record: 13

## About

Resolution Games AB creates innovative virtual and mixed reality gaming experiences, emphasizing multiplayer interactions that foster social connection among players.Founded in 2015 and headquartered in Stockholm, Sweden, Resolution Games AB develops immersive gaming experiences. The company was founded by Paul Brady and has pivoted towards enhancing social interaction within gaming environments. Resolution has raised a total of USD 25.00 mn through 3 funding rounds, with the latest being a Series C round on July 14, 2021. This round was co-led by Qualcomm Ventures and BITKRAFT Ventures, with participation from various investors, including Knutsson Holdings. The total amount raised matches the latest funding round amount.Resolution Games specializes in developing immersive virtual and mixed reality (VR/MR) gaming experiences, focusing on multiplayer environments that enhance player interaction. Their core products include 'Demeo,' a cooperative tabletop role-playing game, and 'Spatial Ops,' a mixed reality first-person shooter. Other titles like 'Racket Club' and 'Gears & Goo' offer diverse gaming experiences across platforms. Their offerings cater to gaming enthusiasts in North America, Europe, and Asia, targeting both casual and dedicated gamers.In the most recent fiscal year 2022, Resolution Games reported a revenue of USD 18.18 mn with an EBITDA of USD -4.46 mn. The company's revenue is generated through direct sales and in-game purchases across platforms such as PlayStation, Steam, Apple Arcade, and various VR headsets.Resolution Games plans to utilize the USD 25.00 mn raised from the Series C funding to accelerate growth and scale operations. This initiative will focus on expanding their gaming portfolio and enhancing support for games as a service (GaaS). The company aims to increase its presence in new markets and strengthen its live operations teams to cater to the evolving demands of the gaming industry.

## Funding rounds

- Series C, Jul 14, 2021, $25M — Partech Partners, Creandum, Qualcomm Ventures, GV, Sisu Game Ventures, Bonnier Capital, BITKRAFT Ventures, MizMaa Ventures, Initial Capital, GP Bullhound, Knutsson Holdings AB
- Series B, Oct 23, 2018, $7.5M — Partech Partners, Creandum, GV, Fly Ventures, Sisu Game Ventures, Bonnier Capital, MizMaa Ventures, GP Bullhound
- Series A, Aug 25, 2015, $6M — Partech Partners, Creandum, GV, Bonnier Growth Media, Initial Capital

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A, Series B, Series C
- Creandum (https://capitalatlas.ai/funds/creandum) — Series A, Series B, Series C
- GV (https://capitalatlas.ai/funds/gv) — Series A, Series B, Series C
- Bonnier Growth Media — Series A
- Initial Capital — Series A, Series C
- Fly Ventures (https://capitalatlas.ai/funds/fly-ventures) — Series B
- Sisu Game Ventures (https://capitalatlas.ai/funds/sisu-game-ventures) — Series B, Series C
- Bonnier Capital (https://capitalatlas.ai/funds/bonnier-capital) — Series B, Series C
- MizMaa Ventures (https://capitalatlas.ai/funds/mizmaa-ventures) — Series B, Series C
- GP Bullhound (https://capitalatlas.ai/funds/gp-bullhound) — Series B, Series C
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series C
- BITKRAFT Ventures (https://capitalatlas.ai/funds/bitkraft-ventures) — Series C
- Knutsson Holdings AB (https://capitalatlas.ai/funds/knutsson-holdings-ab) — Series C