# Space Ape Games (UK)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/space-ape-games-uk

- Industry: Software
- Headquarters: London, UK
- Website: www.spaceapegames.com
- Total disclosed funding: $9.6M
- Latest round: Series C (Dec 3, 2014)
- Investors on record: 4

## About

Space Ape Games is a mobile game development company that creates engaging and entertaining gaming experiences for a global audience, focusing on interactive gameplay and user-generated content.Founded in 2012, Space Ape Games is headquartered in London, UK, and specializes in developing mobile games. The company has made 9 deals to date, with the most recent deal occurring on November 4, 2024. Space Ape has raised a total of USD 37.00 mn, with the latest funding round attracting investment from Supercell. The firm was established by Emery Bishop, Jackson Griese, John Earner, and Radu Caracaleanu, with Emery Bishop and John Earner currently serving as the CEO.Space Ape Games specializes in developing mobile games designed to engage and entertain a global audience. Their core product offerings include 'Beatstar,' a music game that integrates popular tracks and artists into an interactive gaming experience, and 'Chrome Valley Customs,' a game that allows users to design and customize vintage vehicles. These products cater to a diverse clientele, including casual gamers and music enthusiasts, and are available in various international markets, such as North America, Europe, and Asia. By focusing on user-generated experiences, Space Ape aims to provide engaging and immersive gameplay that resonates with a wide range of players, reflecting years of industry experience.In 2022, Space Ape Games reported a revenue of USD 49.27 mn and an EBITDA of USD -9.08 mn. The company generates revenue primarily through direct-to-consumer transactions within their mobile gaming platforms. Players can access their flagship products, such as 'Beatstar' and 'Chrome Valley Customs,' through free downloads that often include in-game purchases for additional content, features, or virtual goods. The company also explores partnerships with music labels and artists, enhancing their product offerings while driving revenue through collaborations. The transaction structure typically involves users making one-time purchases or recurring payments for premium content, offering a sustainable revenue model that aligns with the dynamic nature of mobile gaming, thereby attracting a loyal user base.The acquisition of Space Ape Games by Supercell Oy, announced on November 4, 2024, aims to enhance Supercell's expansion efforts. Future plans include the development of new products and expanding into additional markets to leverage the resources and strategic advantages provided by Supercell. The specifics of upcoming game releases have not been disclosed, but the acquisition is expected to bolster the company's capabilities in reaching new audiences and enhancing its product offerings.

## Funding rounds

- Series C, Dec 3, 2014, $7M — Accel, Northzone, Initial Capital, Connect Ventures
- Seed, Aug 16, 2012, $2.6M — Accel, Northzone, Initial Capital, Connect Ventures

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series C
- Northzone (https://capitalatlas.ai/funds/northzone) — Seed, Series C
- Initial Capital — Seed, Series C
- Connect Ventures — Seed, Series C