Resolution Games studio, which creates VR games, received $25 million from investors. The company plans to spend the collected money on creating games-services in virtual reality.
Demeo
Resolution Games received funds as part of the Series C round, which was led by Qualcomm Ventures, BITKRAFT Ventures and Knutsson Holdings.
Investors also included GV, MizMaa, GP Bullhound, Partech, Creandum, Initial Capital, Bonnier Ventures and Sisu Game Ventures.
With the help of investments, the company plans to grow faster than the VR device market. In addition to developing game services, Resolution Games will also direct money to the development of its previously released titles.
Resolution Games was one of the first game studios specializing in VR and AR. We have learned a lot by working in a limited technology environment and surviving in a small market. We will continue to think big, as we see the potential of VR and how the market is maturing. We want VR games to surpass console and PC games as a result.
CEO of Resolution Games.
Resolution Games opened in 2015. She has such games as Blaston, Acron: Attack of the Squirrels!, VR and AR versions of Angry Birds: Isle of Pigs and Bait!. The latest project, Demeo, was released in May 2021 and, according to the studio, has already earned several million dollars.