Fundraising Fox

Modern Times Group

Stockholm · Seed · 14 people tracked

Fox Verdict
Sign up to see your fit

Investment thesis

MTG pursues a long-term strategy of building a diversified portfolio of quality gaming titles through both organic innovation and selective M&A. The firm partners closely with gaming studio founders to create value while preserving studio independence and culture, leveraging operational expertise to improve and scale gaming intellectual properties across the casual and midcore segments.

Invests inGamingStockholm

Source: firm website, verified Jul 21, 2026.

Stage
Seed
HQ
Stockholm, SE

Team · 14 people

from the firm's website
Arnd Benninghoff· EVP Gaming

Joined MTG in November 2014 and has led strategic investments in esports and gaming. Previously served as Chief Digital Officer at ProSiebenSat.1 Media AG and Managing Director of SevenVentures. Founded and built fifteen companies with background in journalism and media.

Maria Redin· President & Chief Executive Officer

Appointed Chief Executive Officer in September 2020 after serving as Chief Financial Officer from December 2015. Held multiple senior finance positions within MTG and started as a management trainee in 2004. Currently serves as board member at Kinnevik and Vinted.

Nick Hopkins· Chief Financial Officer

Joined MTG as Chief Financial Officer in May 2025. Previously served as Managing Director in investment banking at Bank of America in London, advising gaming, media and technology clients. Held several senior roles at Goldman Sachs covering technology and consumer sectors.

Oliver Bulloss· CEO Midcore District

Appointed CEO of the Midcore District in September 2025. Previously served as MTG's Chief Product Officer and interim co-CEO of Hutch. Held senior leadership positions at Zynga, King, and Rovio, with eight years of experience in China.

Yoav Ecker· CEO Casual District

Appointed CEO of PlaySimple in August 2025 and is CEO of MTG's Casual District. Has extensive mobile gaming and technology experience through senior roles at Product Madness, Crazy Labs, and Playtika.

Anna Zeiter· Non-Executive Director

CEO of the European social media platform W. Member of the Global AI Governance Advisory Board and Privacy & Security Advisory Board of Flo Health Inc. Previously served as board member of the International Association of Privacy Professionals and global Chief Privacy Officer at eBay. Lawyer by training with expertise in privacy, AI ethics, and human rights.

Chris Carvalho· Non-Executive Director

Extensive board and advisory experience in gaming and start-up companies. Served as COO at Kabam and spent ten years at Lucasfilm heading business development and the internet division, StarWars.com. Board member at G5 Entertainment and currently at Roblox. Advisor to startups in entertainment and technology.

Dylan Collins· Non-Executive Director

Serial entrepreneur in digital media and gaming. Executive Chair of 10xHumans, an AI professional services holding company, and Chair of Levellr. Previously chaired digital marketing agency Potato and youth media adtech firm TotallyAwesome. Founder of SuperAwesome, Jolt, and Demonware, all successfully acquired. Active investor in gaming and digital media focused on youth audiences.

Florian Schuhbauer· Non-Executive Director

Co-CIO and Founding Partner of Active Ownership Corporation. Started career at Dresdner Kleinwort Benson in risk management and equity research. Co-founded Newtron AG, a software company later sold. Held CFO and EVP roles at DHL Global Mail. Built public equity practice at Triton Partners before founding AOC. Currently chairs Vita 34 AG and serves on boards of NFON AG, CI Games SE, and H2Apex Group SCA.

Gerhard Florin· Non-Executive Director

Over 25 years in entertainment and gaming with board service at Codemasters, Funcom, Kobojo, and King Digital Entertainment. Served as Executive Vice President and General Manager of Publishing at Electronic Arts from 2006 to 2010, overseeing worldwide publishing operations. Background includes roles at Bertelsmann Music Group and McKinsey.

Hendrik Klindworth· Non-Executive Director

Executive Chairman of MTG's Midcore District and co-founder and Chairman of InnoGames. Co-developed Tribal Wars starting in 2003 and founded InnoGames in 2007, which grew into one of Germany's most reputable mobile-first game studios. Served as CEO until 2025 when assuming board chair roles. Has executive education from Stanford Graduate School of Business.

Liia Nõu· Non-Executive Director

Currently CEO of Pandox, a hotel property owner listed on Nasdaq Stockholm, having served as group CFO since 2007. Previously held CFO positions at GE Money Bank Nordics & Baltics, Song Networks, Icon Medialab, Tele2, and Kuwait Petroleum. Has expertise in ESG reporting and sustainability risk management.

Simon Duffy· Non-Executive Director and Chairman of the Board

Executive Chairman of Tradus plc until its 2008 sale and Executive Vice-Chairman of ntl:Telewest until 2007. Held senior positions including CFO of Orange SA, CEO of End2End AS, and Deputy Chairman and CFO of EMI Group plc. Currently Chairman of Viaplay Group AB with extensive corporate governance experience in telecom, media and gaming.

Simon Hahn· Group General Counsel

Appointed MTG Group General Counsel in May 2023 after six years at MTG, including serving as Head of Legal for M&A and Corporate Legal Affairs. Previously worked four years in private practice at Ashurst and Hamilton law firms.

Frequently asked questions

What stage does Modern Times Group invest at?
Modern Times Group invests at the Seed stage.
What sectors does Modern Times Group focus on?
Modern Times Group focuses on Gaming.
Where is Modern Times Group located?
Modern Times Group is headquartered in Stockholm, SE.

Similar investors

Featured in lists