Sisu Ventures III

Sisu Game Ventures is an early-stage venture capital fund focused 100% on games. We set up shop in 2014 to support the most promising founders in the industry. Sisu has deep roots in the Nordic region, but our network of founders is fully global. The Sisu team consists of Samuli, Paul, Erik, Kalle, Moaffak, Kadri, and Jere - all of whom have extensive backgrounds in the game industry and startup circles, both as entrepreneurs and investors. We've founded and built sixteen game companies since the early 90s and had several successful exits. Apart from funding companies, the team uses their expertise to act as a studio builder. Individual founders are supported in building their team, honing their product strategy and in gathering the right group of investors.

Kalle Kaivola

Co-Founder, Partner

Samuli Syvähuoko

Founding Partner

40 past transactions

Extra Dimension Games

Seed Round in 2022
Extra Dimension Games creates fun puzzle games that include critter coast, merge meadow, and bust-a-mood. It focuses on creating games for children that are available on the iOS app store and the Android play store, allowing users to relax while playing video games. Sisu Ventures, Joakim Achren, Eric Seufert, Tom Hammond, and others have invested. This is a fantastic opportunity to join a company that is creating genre-defining mobile games from the ground up.

Return Entertainment

Venture Round in 2022
Return Entertainment conquers the cloud to break down gaming barriers. Its games and innovative technology make entertainment instant, shareable, and truly inclusive - easy, fast, and fun on any device.

Rocky Road

Seed Round in 2022
Rocky Road intends to create the world's first casual open world mobile game based on real-world map data.

Pocket Burger Games

Seed Round in 2021
Pocket Burger is dedicated to discovering, creating and building new genres in the mobile games space.

Silvercoin Studios

Pre Seed Round in 2021
Silvercoin Studios is a mobile gaming studio developing exceptional hypercore games.

Core Loop Games

Series A in 2021
Core Loop Games engages in building the next generation of MMOs. Gameplay and social cooperation are the core of its mission. They want to reimagine how players cooperate on a large scale together. The company was founded by veterans from MachineZone, GREE, and Funzio. It is VC backed and building a remote team of engineers and artists.

1939

Venture Round in 2021
1939 Games is a indie game development studio based in Reykjavik, Iceland. They are focused on WWII gaming experiences and are currently working on a digital collectible card game that goes by the name of KARDS. The game will draw familiar elements from the card game genre and fuse them with classic WWII gaming for an elegant, action packed and fun card game. 1939 Games was founded around the KARDS project in 2015 by former CCP veterans.

FuzzyBot

Seed Round in 2021
FuzzyBot is building genre-crossing games within imaginative worlds that spark excitement and creativity. Founded in 2020, FuzzyBot is a team of experienced and versatile industry veterans with AAA backgrounds from studios like Ubisoft, Bungie, and EA. Our development philosophy is around dreaming big, but building smart – maintaining a pragmatic, flexible, and down-to-earth approach focused on shipping games. We are focused on creating games that connect players across generations by creating universes of curiosity and excitement, combining the joy of creation with the thrill of AAA action.

Multiscription

Seed Round in 2021
Multiscription operates as a mobile gaming start-up. Multiscription introduces a scalable business model across multiple platforms and sectors.

Thirdverse

Series B in 2021
Thirdverse is a web3 and virtual reality game studio that develops and operates multiplayer virtual reality games. The company combines the technology of blockchain to create an economic zone and a virtual world, enabling customers to experience seamless gameplay in a virtual environment. Thirdverse was founded in 2016 and is headquartered n Tokyo, Japan.

Resolution Games

Series C in 2021
Resolution Games is a games studio led by some of the top minds in the industry, forging a world-class catalog of titles that bring players into the richest VR and AR worlds possible.

Quicksave Interactive

Seed Round in 2021
Quicksave Interactive is a chat game platform developing fun gaming-based chatting applications. It is on a mission to define the emerging gaming platform on social messaging apps. Its chat game platform leverages technology to help in making messaging applications more interactive by offering multiple games. Quicksave Interactive was founded in 2017 and is headquartered in Helsinki, Southern Finland.

Lightheart Entertainment

Series A in 2021
Lightheart is a new mobile game development studio based in Helsinki, Finland. Founded by veteran developers, the team is setting their sights on new goals - to minimize time-to-learning, to create truly scalable ways of development and empower decision-making based on data and craftsmanship. We’re on a mission not just to make great games but to level up the ways of making them.

Theorycraft Games

Series A in 2021
Theorycraft Games operates as an independent game development studio that operates remotely. The company is in process of developing its first game codenamed Loki. Theorycraft was founded in 2020 and is headquartered in Los Angeles, California, United States.

Thirdverse

Series A in 2020
Thirdverse is a web3 and virtual reality game studio that develops and operates multiplayer virtual reality games. The company combines the technology of blockchain to create an economic zone and a virtual world, enabling customers to experience seamless gameplay in a virtual environment. Thirdverse was founded in 2016 and is headquartered n Tokyo, Japan.

Core Loop Games

Seed Round in 2020
Core Loop Games engages in building the next generation of MMOs. Gameplay and social cooperation are the core of its mission. They want to reimagine how players cooperate on a large scale together. The company was founded by veterans from MachineZone, GREE, and Funzio. It is VC backed and building a remote team of engineers and artists.

Dazzle Rocks

Series A in 2020
Dazzle Rocks is a mobile games development studio based in Helsinki. Founded by industry veterans, the team’s games connect global players through immersive social experiences and empower players to create and expand communities together (sandbox) in an evolving massive multiplayer online world (Social MMO). The game has been designed and built specifically to appeal to both East Asian and Western markets and also incorporates UI/UX elements that are female-friendly. The company’s massively scalable proprietary engine is easily adaptable to future games and supports virtual world building, virtual economy, spatially aware three-dimensional worlds and real-time, social communication and interaction during game play. The company’s first game is in beta testing and will be launched in the second half of 2020.

1939

Venture Round in 2020
1939 Games is a indie game development studio based in Reykjavik, Iceland. They are focused on WWII gaming experiences and are currently working on a digital collectible card game that goes by the name of KARDS. The game will draw familiar elements from the card game genre and fuse them with classic WWII gaming for an elegant, action packed and fun card game. 1939 Games was founded around the KARDS project in 2015 by former CCP veterans.

Superplus Games

Venture Round in 2020
Superplus Games was founded 2015 and is based in the heart of Helsinki, Finland. Their hit game Hills of Steel has been downloaded over 50 million times and has received the Editors’ Choice badge from Google Play. They are seeing lots of untapped potential in mobile multiplayer games as most of the developers are focusing on highly competitive markets such as RTS, RPG and FPS. Their games however, will bring playful competition to casual games. The driving ambition they have is to create games people will love and continue to play for a long time, and to support that mission, their team is strongly data-driven in everything they do or decide not to do.

Mainframe Industries

Series A in 2020
Mainframe Industries is a Reykjavik, Iceland and Helsinki, Finland-based startup working on the development of an open world, social sandbox MMO for cloud gaming.The company will will work on an open-world, social sandbox MMO specifically designed for cloud gaming, with cross-platform play across mobile, PC, and TV. Mainframe believes that the promise of friction-free access from social networks and streaming platforms on the device of your choice will greatly expand the creative canvas for game developers.

Coherence

Seed Round in 2019
Coherence is an open, accessible and lightning-fast cloud platform for building scalable and persistent virtual worlds.

Utopos Games

Seed Round in 2019
Utopos Games is a game development studio working on cross-platform free-to-play games based in Las Vegas, Nevada. The studio was founded by a group of former Westwood Studios employees with long history in game development.

Mainframe Industries

Seed Round in 2019
Mainframe Industries is a Reykjavik, Iceland and Helsinki, Finland-based startup working on the development of an open world, social sandbox MMO for cloud gaming.The company will will work on an open-world, social sandbox MMO specifically designed for cloud gaming, with cross-platform play across mobile, PC, and TV. Mainframe believes that the promise of friction-free access from social networks and streaming platforms on the device of your choice will greatly expand the creative canvas for game developers.

Doppio Games

Seed Round in 2019
Doppio is a conversational game studio, creating the next big step in entertainment: voice and narrative-driven games. Check out our titles, The Vortex and The 3% Challenge, on your Google Assistant or Amazon Alexa.

Immersal

Venture Round in 2019
Immersal Ltd. develops Immersal AR Cloud SDK, a visual positioning and mapping solution for markerless, persistent, battery-friendly, massively multi-user AR. It can be used for enabling immersive AR experiences, such as indoor navigation, product finding, multi-player AR games, ads — your imagination is the limit. Immersal is based in Helsinki, Finland, and currently employ a team of 10 AR gurus.

Hipfire Games

Seed Round in 2019
Hipfire Games (TechStars '18) is focused to open a new market in multiplayer gaming in Virtual Reality by allowing VR gamers to play with mobile gamers. The team comes from Supercell and Rovio background. Developing large scale multiplayer games for VR has been so far impossible with the limitations in available users. With Hipfire's technology platform and games VR users can now play with anyone who owns a mobile phone, including all of their friends. This opens the platform to be more social than ever before and lets developers to create larger games than ever before in VR.

Exit Plan Games

Seed Round in 2019
Exit Plan Games is a small group of game developers who have worked in the AAA business for many years. The company's goal is to provide entertaining and innovative video games that are simple to pick up and play.

Lightheart Entertainment

Seed Round in 2019
Lightheart is a new mobile game development studio based in Helsinki, Finland. Founded by veteran developers, the team is setting their sights on new goals - to minimize time-to-learning, to create truly scalable ways of development and empower decision-making based on data and craftsmanship. We’re on a mission not just to make great games but to level up the ways of making them.

Resolution Games

Series B in 2018
Resolution Games is a games studio led by some of the top minds in the industry, forging a world-class catalog of titles that bring players into the richest VR and AR worlds possible.

1939

Seed Round in 2018
1939 Games is a indie game development studio based in Reykjavik, Iceland. They are focused on WWII gaming experiences and are currently working on a digital collectible card game that goes by the name of KARDS. The game will draw familiar elements from the card game genre and fuse them with classic WWII gaming for an elegant, action packed and fun card game. 1939 Games was founded around the KARDS project in 2015 by former CCP veterans.

Nextmind

Seed Round in 2018
Nextmind is a Paris based company developing the next generation of brain computer interfaces.

Network Next

Pre Seed Round in 2018
Network Next is a cloud network program that prioritizes internet game traffic. The company's software finds a long-lasting, consistent path in real-time while providing an internet fast lane for each user, allowing gamers to access high-quality multiplayer experiences with low latency.

3rd Eye Studios

Seed Round in 2017
3rd Eye Studios is a collection technology, movie, TV and game industry veterans building atmospheric and sophisticated games, and groundbreaking technology & tools for game developers. Located in Helsinki and Shanghai, 3rd Eye Studios was founded in June 2016 by a group of game industry veterans, who previously worked in senior positions at companies like Remedy Entertainment, Unity Technologies, Bugbear Entertainment, RedLynx and Moon Studios.

Varjo

Series A in 2017
Varjo (pronounced var-yo) makes revolutionary VR/XR hardware and software that together allow you to see and experience virtual and augmented content just as clearly as you see the analog world around us. Our virtual reality and mixed reality take you to another level of performance and emotional immersion – recreating the exact feeling and conditions of real life, allowing you to perform better and learn faster. Varjo's customers include industry leaders such as Aston Martin, Boeing, Lockheed Martin, Audi, Volvo Cars, Aston Martin, Siemens, Ultimately, we are building the technology for a metaverse of the future, transforming the way people work, interact, and play. www.varjo.com

Network Next

Pre Seed Round in 2017
Network Next is a cloud network program that prioritizes internet game traffic. The company's software finds a long-lasting, consistent path in real-time while providing an internet fast lane for each user, allowing gamers to access high-quality multiplayer experiences with low latency.

Quicksave Interactive

Pre Seed Round in 2017
Quicksave Interactive is a chat game platform developing fun gaming-based chatting applications. It is on a mission to define the emerging gaming platform on social messaging apps. Its chat game platform leverages technology to help in making messaging applications more interactive by offering multiple games. Quicksave Interactive was founded in 2017 and is headquartered in Helsinki, Southern Finland.

Vizor.io

Seed Round in 2017
Vizor is an online platform that lets its users explore, create, and publish virtual reality on the web.

Armada Interactive

Seed Round in 2016
They are trying to create a new kind of mobile gaming experience, one where the player is challenged as well as entertained; where mobile accessibility is not a shortcut for lower quality.

Singa

Seed Round in 2015
For consumers, the Singa karaoke app gives access to a huge library of high-quality karaoke songs on the mobile, web browser, and Smart TV. You can sing on your own, make it a party with friends, or find the nearest Singa-powered karaoke venue and hit the stage. On the B2B side of things, Singa helps pubs, bars, and other nightlife venues grow their revenues with professional karaoke software. Singa has a rapidly growing network of over 1000 venues in Europe, Australia, and the USA.

Umbra

Seed Round in 2015
Umbra empowers 3D graphics designers and engineers to create, optimize, share, and view designs in real time on virtually any device. As the established gaming industry standard in graphics optimization for more than a decade, Umbra has redefined rapid visualization for all industry ecosystems utilizing complex 3D models.
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