What is Pixonic?
Pixonic is an in-house game development studio, headquartered in Limassol, Cyprus, and founded in 2009. Initially a small startup, the studio has grown to over 200 team members. Its mobile title, War Robots, has achieved substantial success, registering over 200 million players. Pixonic continues to focus on market research, developing new hit titles, and enhancing player experiences, positioning itself as a key player in the mobile gaming sector.
How much funding has Pixonic raised?
Pixonic has raised a total of $11M across 3 funding rounds:
Series B
$1M
Series A
$5M
Series C
$5M
Series B (2010): $1M with participation from AddVenture
Series A (2011): $5M led by TA Ventures, Kite Ventures, and and 1 other
Series C (2011): $5M supported by TA Associates, Kite Ventures, and Ventech Solutions
Key Investors in Pixonic
AddVenture
AddVenture is an investment firm that likely focuses on early-stage technology companies, providing capital to fuel growth and market penetration.
TA Ventures
TA Ventures is a venture capital firm that invests in technology and digital businesses, aiming to support companies with strong growth potential and innovative solutions.
Kite Ventures
Kite Ventures is a venture capital firm known for its investments in disruptive technology companies, with a track record of backing successful global ventures.
What's next for Pixonic?
With a history of successful funding rounds, including significant enterprise-level capital and a recent strategic investment, Pixonic is well-positioned for continued growth and innovation. The company's focus on researching the market and developing engaging new titles suggests a strategy geared towards expanding its portfolio and player base. This sustained investment indicates confidence in Pixonic's ability to deliver high-quality gaming experiences and maintain its competitive edge in the global mobile gaming industry.
See full Pixonic company page
