Sisu Ventures III

Sisu Game Ventures is an early-stage venture capital firm based in Helsinki, Finland, founded in 2014. The firm specializes in investing exclusively in the gaming industry, with a strong focus on supporting promising founders and innovative startups. With deep roots in the Nordic region, Sisu has cultivated a global network of founders and industry experts. The team comprises experienced professionals from the gaming and startup sectors, having founded and built numerous game companies since the early 1990s, achieving several successful exits. In addition to providing capital, Sisu Game Ventures acts as a studio builder, assisting individual founders in assembling their teams, refining product strategies, and connecting with the right investors.

Kalle Kaivola

Co-Founder, Partner

Samuli Syvähuoko

Founding Partner

Past deals in Finland

Quicksave

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 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 innovative mobile games while emphasizing efficient development practices and data-driven decision-making. Lightheart aims to enhance the game development process, reducing learning curves and promoting scalability. Through its commitment to craftsmanship and continuous improvement, the studio seeks not only to produce engaging games but also to redefine the methods of game creation.

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.

Superplus Games

Venture Round in 2020
Superplus Games Oy, founded in 2015 and based in Helsinki, Finland, specializes in developing and commercializing casual multiplayer games for mobile platforms. The company's notable title, Hills of Steel, has achieved over 50 million downloads and earned the Editors’ Choice badge from Google Play. Superplus Games aims to explore the untapped potential within the mobile multiplayer gaming market, distinguishing itself from competitors who often focus on more intense genres like real-time strategy, role-playing, and first-person shooters. By fostering a playful competitive environment in casual gaming, the company aspires to create engaging experiences that players will enjoy over the long term. Additionally, Superplus Games emphasizes a data-driven approach to decision-making, ensuring that their game development aligns with user preferences and market trends.

Mainframe Industries

Series A in 2020
Mainframe Industries is a gaming development company founded in 2019, with headquarters in Helsinki, Finland, and a presence in Reykjavik, Iceland. The company specializes in creating an open-world, social sandbox MMO designed for cloud gaming. With a team that combines expertise in AAA, MMO, and mobile game development, Mainframe Industries aims to deliver a unique gaming experience that supports cross-platform play across mobile devices, PCs, and televisions. The company emphasizes the potential of friction-free access through social networks and streaming platforms to enhance the creativity and engagement of game developers and players alike.

Mainframe Industries

Seed Round in 2019
Mainframe Industries is a gaming development company founded in 2019, with headquarters in Helsinki, Finland, and a presence in Reykjavik, Iceland. The company specializes in creating an open-world, social sandbox MMO designed for cloud gaming. With a team that combines expertise in AAA, MMO, and mobile game development, Mainframe Industries aims to deliver a unique gaming experience that supports cross-platform play across mobile devices, PCs, and televisions. The company emphasizes the potential of friction-free access through social networks and streaming platforms to enhance the creativity and engagement of game developers and players alike.

Immersal

Venture Round in 2019
Immersal Ltd., based in Helsinki, Finland, specializes in augmented reality (AR) technology through its Immersal AR Cloud SDK. This innovative platform provides a visual positioning and mapping solution that facilitates markerless, persistent, and battery-efficient AR experiences. Immersal's technology is designed for a variety of applications, including indoor navigation, product discovery, multiplayer AR gaming, and advertising. The company also focuses on creating shared infotainment AR platforms for large venues like retail stores, exhibition centers, stadiums, and movie theaters. With a dedicated team of ten experts in augmented reality, Immersal aims to enhance the infrastructure for AR development, allowing creators to build engaging and immersive experiences across multiple user interactions.

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 innovative mobile games while emphasizing efficient development practices and data-driven decision-making. Lightheart aims to enhance the game development process, reducing learning curves and promoting scalability. Through its commitment to craftsmanship and continuous improvement, the studio seeks not only to produce engaging games but also to redefine the methods of game creation.

3rd Eye Studios

Seed Round in 2017
3rd Eye Studios is a game development company based in Helsinki and Shanghai, established in June 2016 by experienced professionals from the gaming industry. The team comprises veterans who previously held senior roles at notable companies such as Remedy Entertainment and Unity Technologies. The studio focuses on creating atmospheric and sophisticated games, as well as developing advanced technology and tools aimed at enhancing virtual reality gaming experiences. By leveraging their extensive background in technology, film, television, and gaming, 3rd Eye Studios aims to provide innovative solutions that empower game developers in creating immersive virtual reality content.

Varjo

Series A in 2017
Varjo specializes in developing advanced virtual reality (VR) and extended reality (XR) headsets that offer photorealistic visual fidelity and immersive experiences. Their innovative bionic display technology allows users to see virtual and augmented content with clarity comparable to the real world. Varjo's headsets feature low latency, high-definition stereo, and integrated eye tracking, enhancing the realism of virtual environments. The company serves a range of high-profile clients, including automotive and aerospace leaders, and aims to transform the way individuals work, learn, and interact in a future metaverse. Through its technology, Varjo is committed to elevating performance and emotional engagement in both professional and recreational settings.

Quicksave

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
Armada Interactive is a gaming startup focused on developing next-generation core mobile games. The company aims to create a unique mobile gaming experience that challenges players while also providing entertainment. Armada Interactive seeks to ensure that mobile accessibility does not compromise game quality, striving to elevate the standards of mobile gaming.

Singa

Seed Round in 2015
Singa is a digital karaoke platform that offers an extensive library of high-quality karaoke songs accessible via mobile applications, web browsers, and Smart TVs. Users can enjoy singing solo or with friends and locate nearby venues that feature Singa-powered karaoke options. Additionally, Singa provides professional karaoke software to pubs, bars, and other nightlife venues, helping them enhance their revenue streams. The company has established a rapidly expanding network of over 1,000 venues across Europe, Australia, and the USA, making it a prominent player in the karaoke business. With a diverse selection of licensed songs ranging from timeless classics to contemporary hits, Singa aims to foster a vibrant singing culture among its users.

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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