Hiro Capital

Hiro Capital is a venture capital firm based in London, United Kingdom, with an additional office in Luxembourg. The firm specializes in investing in post-seed, Series A, and B stages, focusing on European and UK innovators in the gaming, esports, and digital sports sectors. Hiro Capital targets investments in both front-end content creators and back-end technology and service innovators. Its areas of interest include metaverse technology, connected wellness, and sports technology, as well as deep tech applications in cloud computing, mobile, streaming, big data, artificial intelligence, wearables, augmented reality, and virtual reality. The firm typically invests between EUR 1 million to EUR 15 million per company and aims to support a minimum of 20 companies, primarily in the gaming and technology sectors across Europe and North America.

Samuel Costello

Associate

Alistair Hopkins

Technology Venture Director

Spike Laurie

Investor

Thomas Martens

Investor

Luca Suma

Principal

31 past transactions

Incredibuild

Series B in 2022
IncrediBuild Software Ltd, the developer of IncrediBuild, is a leading solution provider of software acceleration technology. By harnessing unutilized processing power in private and public cloud environments, IncrediBuild accelerates Windows-based computational software with easy deployment and migration. With its unique process virtualization technology, IncrediBuild has become the de facto standard solution for code-build acceleration. More than 120,000 users at over 2,000 companies and organizations depend on IncrediBuild application and build acceleration, including 20 Fortune 100 companies.

Machinations

Series A in 2022
Machinations SARL, based in Luxembourg, offers a browser-based platform designed for the creation, balancing, and simulation of game systems. The platform utilizes a standardized design language, allowing clients to construct intricate systems effectively. It provides powerful features that enable users to conduct multiple stochastic simulations, helping to minimize uncertainty and better predict player outcomes. This focus on precise modeling and simulation aids game developers in optimizing their designs and improving overall gameplay experiences.

Firestoke

Seed Round in 2022
Firestoke is a publisher of indie PC and Console games.

Skybound, LLC

Venture Round in 2022
Skybound Entertainment is an imprint of image comics that provides comic book creators the opportunity to publish their work. It offers Robert Kirkman’s Eisner award-winning comic book series, The Walking Dead, long-running Invincible, all-ages Super Dinosaur, Thief of Thieves and Clone as well as Witch Doctor, Guarding the Globe, and The Astounding Wolf-Man. Since its inception, Skybound Entertainment has created television shows, merchandise, and a wide spectrum of platforms, games, and entertainment events. It was launched by Robert Kirkman in 2010. Skybound Entertainment is operated from Culver City, California.

AXiomatic

Venture Round in 2022
AXiomatic powers unforgettable esports experiences through sports and entertainment expertise. Its mission is to build a portfolio of dynamic company holdings in the esports and video gaming industry. Through strategic partnerships, investments, and acquisitions, the team connects esports groups with valuable resources including venues, technologies, media content, distribution partners, and investment capital. The company was founded in 2015 and is headquartered in Los Angeles, California.

Carv

Venture Round in 2022
Carv is the first wearable dedicated to skiing that speaks to you as you ski - it’s your digital ski coach. Built in consultation with Olympians, Carv gives you access to the feedback and knowledge that only elite skiers have had access to so far. With an extremely thin smart insert, Carv measures your motion and pressure distribution and relays feedback through your earphones in real-time. Carv connects wirelessly to your smartphone to give simple, actionable feedback to casual skiers and detailed metrics and analysis for advanced and professional skiers. Carv lets you train, compete and challenge people with its detailed metrics and helps you improve your skiing with technique analysis.

FRVR

Series A in 2022
FRVR Limited provides online computer games. The company is based in Mellieha, Malta.

Loco

Series A in 2022
Loco, a live trivia game show app. Loco offers an interactive trivia game show that lets users answer 10 multiple choice questions and win money in real time. The game’s prize money is Rs 10,000 and winners can get their reward directly into their Paytm account. The live quiz covers topics such as current events, technology, food, sports, religion, politics, music, movies and history, according to information available on its Google Play store page.

Frameplay

Series A in 2021
Frameplay is an Intrinsic advertising platform for video games. Frameplay offers a transparent, self-serve, gamer-first experience that encourages creativity whilst delivering sophisticated data and analytics to both advertisers and developers. Frameplay is truly the in-game advertising leader, enabling intrinsic advertising within video game environments.

DreamCraft

Series A in 2021
DreamCraft Entertainment Inc. develops a game creation and monetization platform that lets video game modders to create and monetize games without programming. Its platform allows game modders to create games without coding or drawing; and reach players across PC and mobile. The company was founded in 2018 and is based in San Mateo, California.

Elvie

Series C in 2021
Elvie is a health and lifestyle brand developing smarter technology for women. We are committed to building extraordinary products that improve the health and lives of women everywhere and at all stages of life. Our first product, Elvie Trainer, is an award-winning app-connected Kegel trainer that helps women strengthen the pelvic floor via fun, five-minute workouts. Launched in October 2015 to great acclaim, we took the wellness industry by storm! Our street cred includes more than 12 awards for innovation and design, including the prestigious CES Innovation Award, IDA Design Award and Red Dot Award. As a business, Elvie has been recognized as one of Wired’s ‘hottest start-ups’, named as one of the 15 start-ups “To Watch” by The Sunday Times and both products have been featured in the Oscar Nominee Gift Bags. We recently launched our second innovation: Elvie Pump, the world’s first silent wearable breast pump, which is making it possible for new mothers to pump anytime, anywhere. Elvie Pump received international praise following its unveiling on the catwalk at London Fashion Week and at the Consumer Electronics Show (CES) in Las Vegas. In April 2019, Elvie announced a $42 million Series B led by IPGL and supported by Octopus Ventures and Impact Ventures. This represented the largest ever fundraise in femtech. This new round of financing will accelerate Elvie’s research and development efforts, as well as help grow brand awareness and distribution for Elvie Pump and Elvie Trainer across the Americas, Europe and Asia. Headquartered in London, UK with offices also in New York City, the company has received numerous awards and raised more than $52m in investment.

Elvie

Series C in 2021
Elvie is a health and lifestyle brand developing smarter technology for women. We are committed to building extraordinary products that improve the health and lives of women everywhere and at all stages of life. Our first product, Elvie Trainer, is an award-winning app-connected Kegel trainer that helps women strengthen the pelvic floor via fun, five-minute workouts. Launched in October 2015 to great acclaim, we took the wellness industry by storm! Our street cred includes more than 12 awards for innovation and design, including the prestigious CES Innovation Award, IDA Design Award and Red Dot Award. As a business, Elvie has been recognized as one of Wired’s ‘hottest start-ups’, named as one of the 15 start-ups “To Watch” by The Sunday Times and both products have been featured in the Oscar Nominee Gift Bags. We recently launched our second innovation: Elvie Pump, the world’s first silent wearable breast pump, which is making it possible for new mothers to pump anytime, anywhere. Elvie Pump received international praise following its unveiling on the catwalk at London Fashion Week and at the Consumer Electronics Show (CES) in Las Vegas. In April 2019, Elvie announced a $42 million Series B led by IPGL and supported by Octopus Ventures and Impact Ventures. This represented the largest ever fundraise in femtech. This new round of financing will accelerate Elvie’s research and development efforts, as well as help grow brand awareness and distribution for Elvie Pump and Elvie Trainer across the Americas, Europe and Asia. Headquartered in London, UK with offices also in New York City, the company has received numerous awards and raised more than $52m in investment.

Loco

Seed Round in 2021
Loco, a live trivia game show app. Loco offers an interactive trivia game show that lets users answer 10 multiple choice questions and win money in real time. The game’s prize money is Rs 10,000 and winners can get their reward directly into their Paytm account. The live quiz covers topics such as current events, technology, food, sports, religion, politics, music, movies and history, according to information available on its Google Play store page.

Double Loop Games

Series A in 2021
Double Loop Games Inc., a mobile studio, designs and develops mobile games. The company was founded in 2019 and is based in San Francisco, California.

FRVR

Convertible Note in 2021
FRVR Limited provides online computer games. The company is based in Mellieha, Malta.

Twin Suns

Seed Round in 2021
Twin Suns Corp is a video game studio developing action games for console and PC. The company creates video games with its AAA class platform title, which will debut with an original game franchise, providing players around the world with creative and unexpected experiences. Tim Longo, Forest Swartout, and Jeff Morris co-founded the company.

Double Loop Games

Venture Round in 2021
Double Loop Games Inc., a mobile studio, designs and develops mobile games. The company was founded in 2019 and is based in San Francisco, California.

Happy Volcano

Venture Round in 2021
Happy Volcano is an award-winning game development studio currently working on You Suck at Parking, the only racing game where the goal is to stop. Previously released The Almost Gone, a narrative exploration game and Pixel Picasso, an augmented reality memory game.

Snow Print Studios

Venture Round in 2021
Snowprint Studios is a collective of games industry veterans for the everyday mobile gamer developers of Legend of Solgard. It also the likes of King, DICE, Rovio, Unity, Zynga and elsewhere that is creating a new mid-core games category that brings together the old and the new while tapping their combined skills to deliver well-crafted mechanics, aesthetics, characters and more. Snowprint Studios aims to take the gameplay experience to richer, deeper levels while making mobile mid-core free-to-play games accessible. The company was founded in 2015 and is based in Stockholm Sweden.

PlayerData

Series A in 2021
PlayerData Ltd. develops PlayerData EDGE, a sports technology that combines a base layer garment with sensors together with a removable control module. It provides data on biometrics, performance and technique for both individuals and teams. PlayerData Ltd. was founded in 2017 and is based in Edinburgh, United Kingdom.

Lightfox Games

Seed Round in 2020
Lightfox Games, Inc. designs and develops multiplayer mobile game applications. The company was incorporated in 2019 and is based in Seattle, Washington.

Zwift

Series C in 2020
Zwift, Inc. is a company that develops a virtual training platform designed for cycling and running enthusiasts. Founded in 2014 and based in Long Beach, California, Zwift transforms traditional indoor workouts into engaging social experiences by connecting users to their physical trainers and enabling them to navigate a variety of immersive virtual landscapes. The platform allows cyclists and runners to interact, train, and compete with each other in a dynamic 3D environment, promoting a sense of community among users. In addition to its interactive application, Zwift also offers a range of gear, clothing, accessories, and gift cards for sale online, enhancing the overall fitness experience for its customers.

Zwift

Series C in 2020
Zwift, Inc. is a company that develops a virtual training platform designed for cycling and running enthusiasts. Founded in 2014 and based in Long Beach, California, Zwift transforms traditional indoor workouts into engaging social experiences by connecting users to their physical trainers and enabling them to navigate a variety of immersive virtual landscapes. The platform allows cyclists and runners to interact, train, and compete with each other in a dynamic 3D environment, promoting a sense of community among users. In addition to its interactive application, Zwift also offers a range of gear, clothing, accessories, and gift cards for sale online, enhancing the overall fitness experience for its customers.

Polyarc

Series B in 2020
Polyarc, Inc. is a Seattle-based game development studio that specializes in creating virtual reality experiences. Established in 2015, the company is known for its flagship title, Moss, an action-adventure game that immerses players in a richly designed three-dimensional world. Polyarc focuses on developing engaging and original games that can be enjoyed in both single-player and multiplayer formats across various platforms, utilizing the unique capabilities of virtual reality to enhance gameplay and storytelling. The studio aims to craft innovative interactive experiences that captivate players and expand the possibilities of digital entertainment.

FitXR

Series A in 2020
FitXR is the leading developer of virtual reality (VR) fitness apps, passionately dedicated to making fitness more accessible. FitXR creates fitness experiences that are instantly enjoyable, social by design, and effective. The developer’s first product, BoxVR, has been a consistent best-seller across the Oculus, Steam and PSVR stores and has won multiple awards. FitXR is now building the world’s first virtual fitness studio, that brings the energy and enjoyment of group fitness to the comfort of the home, providing users with total body workouts designed by top fitness experts.

NURVV

Series A in 2020
Nurvv Limited develops insoles and coaching application that provides insights and guidance of running techniques and injury risks. The company is based in Twickenham, United Kingdom.

Edgegap

Seed Round in 2019
Edgegap Technologies Inc. offers gaming infrastructure services. The company’s edge computing allows video game studios, game publishers, and developers for new methods and ways of handling multiplayer environments. Edgegap Technologies Inc. was incorporated in 2018 and is based in Quebec City, Canada.

LIV

Series A in 2019
LIV Inc, formerly known as LIV Net Inc, is a technology company based in Prague, Czech Republic, specializing in virtual reality software for gaming. Established in 2013, LIV focuses on enabling VR live streamers to engage with their audiences in real-time, transforming viewers from passive spectators into active participants. Since its inception, the company has redefined the landscape of live-streamed gaming content, allowing creators to enhance their interactive experiences. Since launching in 2018, LIV's innovative approach has garnered over 1.5 billion views, showcasing its significant impact on the virtual reality and gaming communities.

Flavourworks

Series A in 2019
Flavourworks Ltd is a game studio based in London, United Kingdom, founded in 2015. The company specializes in developing video games that blend filmed content featuring real actors with interactive narrative gameplay. Flavourworks utilizes touch video technology, allowing players to interact with the storyline by making choices that shape their unique experiences. This innovative approach aims to create personalized narratives that engage a wide audience, offering a distinct form of entertainment in the gaming industry.