What is FunPlus?
Founded in 2010 and headquartered in Switzerland, FunPlus operates globally as a developer and publisher of video games. The company has established a strong foothold in the gaming sector, known for its independent development model and international operational reach. Its strategic funding rounds indicate a trajectory of scaling operations and enhancing its product portfolio within the dynamic entertainment technology landscape.
How much funding has FunPlus raised?
FunPlus has raised a total of $86M across 2 funding rounds:
Series A
$12M
Series B
$74M
Series A (2012): $12M with participation from GSR Ventures
Series B (2014): $74M led by GSR Ventures, Steamboat Ventures, and Orchid Asia Group
Key Investors in FunPlus
GSR Ventures
GSR Ventures is a venture capital firm that focuses on early-stage technology companies, particularly in the internet, software, and hardware sectors. They are known for their strategic investments in companies poised for significant growth and market disruption.
Steamboat Ventures
Steamboat Ventures is a venture capital firm that invests in early to growth-stage companies across technology, media, and consumer sectors. They aim to help young companies achieve market leadership through strategic guidance and financial backing.
Orchid Asia Group
Orchid Asia Group is a private equity firm with a long history of investing in China and Asia. They focus on backing experienced executives in building franchises, particularly in consumer services, products, and outsourced manufacturing sectors, providing growth capital to expanding domestic enterprises.
What's next for FunPlus?
The substantial enterprise-level funding and recent strategic investment signal FunPlus's ambition for significant market expansion and product innovation. With a history of successful funding rounds, the company is well-positioned to leverage this capital for further development of its gaming titles, potential acquisitions, and strengthening its global publishing capabilities. This financial backing is a testament to investor confidence in FunPlus's business model and its potential for sustained growth in the interactive entertainment market.
See full FunPlus company page