Colossi Games raises $2.5 million by EQT Ventures & Play Ventures
Funding
/ 3 min read

Colossi Games raises $2.5 million by EQT Ventures & Play Ventures

Colossi Games, the gaming company revolutionising role-playing games (RPG), announces a $2.5 million seed round led by EQT Ventures, with participation from existing investor Play Ventures.

February 16, 2021

Our history

Colossi Games was founded in early 2020 by a trio of industry experts. CEO and co-founder, Manuel Prueter, and brother-in-law Andrey Panfilov (CPO and co-founder), came up with the idea around the dinner table. Joining forces with Anton Petrov (CTO and co-founder), they sought to plug the multiplayer survival RPG gap in the mobile market with this game. They are keen to revolutionise this area of the industry whilst running a lean team to increase efficiencies. The founders started hiring in September 2020 and have already grown their team to a total of 10 people, looking to hire more this year.

Manuel Prueter, CEO and co-founder at Colossi Games commented: “This new funding will enable us to bring the game to life in a more advanced state and create more game-changing entertainment. Bringing Lars Jörnow, Partner EQT Ventures, on board is incredibly exciting for us. He has a great track record and a huge amount of experience value add, so we cannot wait to get our teeth stuck in.”

Lars Jörnow, Partner at EQT Ventures added:

“The mobile games industry is ripe for revolution, and Colossi Games is perfectly positioned to create that disruption.
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.”

About EQT Ventures

EQT Ventures is a multi-stage VC fund that partners with the most ambitious and boldest founders in Europe and the US. The fund is based in Luxembourg and has investment advisors stationed in Stockholm, Amsterdam, London, San Francisco, Berlin and Paris. Fuelled by some of Europe’s most experienced company builders and scalers, EQT Ventures helps the next generation of entrepreneurs with the capital and hands-on support needed to build global winners.

For further information please visit https://eqtventures.com/

Henric Suuronen at Play Ventures concluded:

”We’ve been part of Colossi Games’ journey from the very beginning helping Manuel build the core founding team. 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.”

About Play Ventures

EQT Ventures is a multi-stage VC fund that partners with the most ambitious and boldest founders in Europe and the US. The fund is based in Luxembourg and has investment advisors stationed in Stockholm, Amsterdam, London, San Francisco, Berlin and Paris. Fuelled by some of Europe’s most experienced company builders and scalers, EQT Ventures helps the next generation of entrepreneurs with the capital and hands-on support needed to build global winners.

For further information please visit https://eqtventures.com/