Colossi Games receives 2.5 million dollar seed funding

Colossi Games
Colossi Games receives 2.5 million dollar seed funding

Mobile game developer Colossi Games raised $2.5m in seed funding. The round was led by EQT Ventures, with participation from existing investor Play Ventures.

Founded in early 2020 by CEO Manuel Prueter, CPO Andrey Panfilov, CTO Anton Petrov, Colossi Games is working on developing a ‘social survival game’ on mobile devices. The company will use the investment in the development and marketing processes of the game.

“The mobile games industry is ripe for revolution, and Colossi Games is perfectly positioned to create that disruption,” said EQT Ventures partner Lars Jörnow. “The founding team are true industry veterans who have a great track record in their respective fields. I am looking forward to joining their board and helping guide the strategy and success of the business.”

“We’ve been part of Colossi Games’ journey from the very beginning helping Manuel build the core founding team,” said Play Ventures Henric Suuronen. “We have been totally amazed how far the small team has gotten in a very short amount of time. This new round with a prestigious investor like EQT is a true testament of the quality of the team and their innovative RPG game. We believe this is the start of something really big.”

Colossi Games’ new game will be a multiplayer RPG game set during the Roman Empire. Players exploring the ancient Roman period will be able to gather, fight and sabotage as gladiators in colosseum.

In August 2020, the Cyprus-based developer received an investment of $ 650,000.

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