Sisu Ventures III

Sisu Ventures III is an early-stage venture capital fund managed by Sisu Game Ventures, based in Helsinki, Finland. Established in 2014, Sisu Ventures focuses on the gaming industry, particularly targeting the most promising gaming companies in the Nordic region. The fund's investment strategy is selective, considering opportunities outside the Nordics primarily through its established network. Sisu's team comprises four active partners with extensive experience in the gaming sector and startup ecosystems, having founded and developed numerous companies and achieved several successful exits. This combination of industry expertise and a targeted investment approach positions Sisu Ventures III as a significant player in the gaming investment landscape.

Jere Partanen

Associate

Samuli Syvähuoko

Co-Founder & Partner

Past deals in Finland

Quicksave

Seed Round in 2021
Quicksave Interactive is a chat game platform based in Helsinki, Southern Finland, that focuses on creating engaging gaming-based chatting applications. Founded in 2017, the company aims to enhance the interactivity of social messaging apps by integrating multiple games into these platforms. Quicksave develops proprietary game development tools that utilize HTML5 and typescript technology, enabling the creation of high-quality games with improved iteration speed. The company also explores web3 and blockchain technologies to further enrich the gaming experience for users within social applications, fostering a more interactive environment for gamers.

Lightheart Entertainment

Series A in 2021
Lightheart Entertainment Oy is a mobile game development studio located in Helsinki, Finland, established in 2019 by a team of experienced developers. The company focuses on creating engaging mobile games while prioritizing efficient development processes and data-driven decision-making. Lightheart aims to enhance the gaming experience not only through high-quality games but also by innovating the methods used in game development, striving to minimize learning curves and improve scalability.

Dazzle Rocks

Series A in 2020
Dazzle Rocks Oy is a mobile games development studio based in Helsinki, Finland, established in 2014 by industry veterans. The company specializes in creating social multiplayer mobile games that connect global players through immersive experiences, fostering community building in a massive multiplayer online environment. Its games, including "7 Legends" and the "Summer Update," are designed to appeal to both East Asian and Western markets, featuring user interface and user experience elements that are particularly accessible to female players. Dazzle Rocks utilizes a highly scalable proprietary engine that supports virtual world building, a virtual economy, and real-time social interaction during gameplay. The company's first game is currently in beta testing, with plans for launch in the latter half of 2020.

Superplus Games

Venture Round in 2020
Superplus Games Oy, founded in 2015 and headquartered in Helsinki, Finland, specializes in the development and commercialization of casual multiplayer games for mobile platforms. The company gained notable recognition with its hit game, Hills of Steel, which has achieved over 50 million downloads and earned the Editors’ Choice badge from Google Play. Unlike many developers who focus on competitive genres such as real-time strategy, role-playing games, and first-person shooters, Superplus Games aims to introduce playful competition within the casual gaming sector. Their mission is to create engaging games that players will enjoy and continue to play over time. To support this goal, the company employs a data-driven approach in its decision-making processes.

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.

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.

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.

Lightheart Entertainment

Seed Round in 2019
Lightheart Entertainment Oy is a mobile game development studio located in Helsinki, Finland, established in 2019 by a team of experienced developers. The company focuses on creating engaging mobile games while prioritizing efficient development processes and data-driven decision-making. Lightheart aims to enhance the gaming experience not only through high-quality games but also by innovating the methods used in game development, striving to minimize learning curves and improve scalability.

3rd Eye Studios

Seed Round in 2017
3rd Eye Studios Oy Ltd, founded in June 2016 and headquartered in Helsinki, Finland, specializes in developing tools and technology for virtual reality game development on PC and mobile platforms. The company offers products such as Downward Spiral, a zero-gravity space thriller, and 3rd Eye Core, a platform aimed at enhancing the creation of virtual reality games. Comprising industry veterans with extensive experience from notable companies like Remedy Entertainment and Unity Technologies, 3rd Eye Studios focuses on delivering sophisticated and atmospheric gaming experiences while providing innovative solutions for game developers. The company also has a presence in Shanghai, reflecting its commitment to a global reach in the gaming industry.

Varjo

Series A in 2017
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Quicksave

Pre Seed Round in 2017
Quicksave Interactive is a chat game platform based in Helsinki, Southern Finland, that focuses on creating engaging gaming-based chatting applications. Founded in 2017, the company aims to enhance the interactivity of social messaging apps by integrating multiple games into these platforms. Quicksave develops proprietary game development tools that utilize HTML5 and typescript technology, enabling the creation of high-quality games with improved iteration speed. The company also explores web3 and blockchain technologies to further enrich the gaming experience for users within social applications, fostering a more interactive environment for gamers.

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
Armada Interactive Oy is a mobile game development company based in Helsinki, Finland, founded in 2015. The firm specializes in creating next-generation core mobile games, focusing on the development of high-quality, freemium, and real-time multiplayer experiences. Armada Interactive aims to offer players a uniquely engaging gaming experience that combines challenge and entertainment, ensuring that mobile accessibility does not compromise the quality of gameplay.

Singa

Seed Round in 2015
Singa is the Spotify of karaoke for personal and commercial use. Access a catalog of 20 000+ songs to sing effortlessly anywhere, any time and with any platform. Easy to use is Singa’s main operating principle. You don’t need to buy a console, or a microphone, or even a DVD-player. Singa is platform agnostic. To use Singa, you’ve already got everything you need either in your pocket (mobile phone), on your table (PC) or in your living room (TV). * One account works on all devices, mobile, browser or Smart TV * Each user gets to test Singa for free before signing up to a Premium account * Singa works fluently with external accessories

Umbra

Seed Round in 2015
Umbra empowers 3D graphics designers and engineers to create, optimize, share and view their designs in real-time on virtually any device. As the established gaming industry standard in graphics optimization for more than a decade, Umbra is now redefining rapid visualization for all industry ecosystems utilizing complex 3D models. Headquartered in Helsinki, Finland, Umbra has offices in the US, EMEA, and APAC.