Fundraising Fox

Sisu Game Ventures

Venture capital

Oslo · Pre-Seed–Series A · 7 people tracked

Also known as SISU MANAGEMENT LLC

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Investment thesis

Sisu Game Ventures is an early-stage fund focused entirely on games, run by veteran game developers who position themselves as builders helping other founders. The firm prefers to invest very early — often first money in, at pre-revenue and pre-product stages. With deep roots in the Nordic region and its tradition of open collaboration, Sisu extends that collaborative ethos to its portfolio companies and co-investors, aiming to accelerate their growth and provide an edge in global competition. Its portfolio and founder network are fully global, and its own backers come largely from the game industry, including individual developers and game companies.

Invests inGamingEuropeGlobalNorwayOslo

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Series A
HQ
Oslo, NO
Leads rounds
Leads
Instruments
Equity
Founded
2014
Private fund assets
$56.2M
VC funds
2
Tracked investments
67

Team · 7 people

from the firm's website & public directories

What they invest in

from 40 of 67 portfolio companies

Gaming ×36AI & Machine Learning ×9Consumer ×6Media & Entertainment ×5Developer Tools ×3Creator Economy ×2Enterprise Software ×2SaaS ×2

HQs:Finland×4United States×4Canada×1France×1Sweden×1

Investments · 67 tracked

founders shown can be your intro path
Sisu Game VenturesSEC filingmedium confidence

Helsinki

Paul Bragiel(Board Member)Moaffak Ahmed(Board Chairman)Samuli Syvahuoko(Board Member)

Board seatMoaffak Ahmed· per SEC Form D · $1.1M raise · filed Jul 2015

1939Games1939games.comin𝕏

1939 Games develops WWII-themed gaming experiences, including KARDS, a free-to-play digital collectible card game that combines traditional CCG mechanics with strategy gameplay set in World War II.

Gaming

Antihero Studiosantiherostudios.comin𝕏

Antihero Studios is a game studio building multiplayer mobile games focused on social play with friends.

ConsumerGaming

Bitmagicbitmagic.games

Bit Magic is a browser-based platform where users create playable games from text descriptions without coding or a game engine, and publish them instantly to a built-in audience.

AI & Machine LearningCreator EconomyGaming

BON Gamesbongames.fi
Chamo Gameschamogames.com

Chamogames is a Swedish game developer creating physics-based, non-lethal first-person shooter (FPS) games focused on strategy and precision without violence.

Gaming

Combo Breakercombo-breaker.com
Core Loopcoreloop.ai
Dash Gamesdashgames.coin

Dash Games develops casual mobile games, starting with Puzzle Punks, a player-versus-player match-3 game for iOS and Android.

Gaming

DazzleRocksdazzle.rocks
DieNo Gamesdienogames.com
Doppio Gamesdoppio.games
Empty Vesselemptyvessel.io

Austin, US

Garrett Young(Director)Jere Partanen(Director)Emanuel Palalic(Executive Officer, Director)Jeonghee Jin(Director)Daniel Bunting(Director)

Exit Plan Gamesexitplangames.comin𝕏

Exit Plan Games is a video game developer whose title Bang-On Balls: Chronicles is a 3D platforming and collect-a-thon game set across various historical events, available on Steam.

Gaming

Exit Seed Investment Coherencecoherence.ioin𝕏

coherence provides a multiplayer engine, hosting options, and co-development services for building and running online multiplayer games in Unity.

Cloud ComputingDeveloper ToolsGaming

Exit Seed Investment Phoenix Gamesphoenixgames.comin𝕏

Phoenix Games acquires free-to-play game development studios and helps them grow through its proprietary AI-based "Uplift Platform," which optimizes user acquisition and monetization while letting founders retain studio independence.

AI & Machine LearningGaming

Extra Dimension Games Inc. Websiteextradimension.games

Extra Dimension Games is a video game development studio that prototypes, iterates, and builds original games based on player feedback.

GamingKitchener, CA

Unknown CEO & Co-Founder(CEO & Co-Founder)Unknown CTO & Co-Founder(CTO & Co-Founder)Unknown VP Eng & Co-Founder(VP Eng & Co-Founder)

FOUNDERScosmiclounge.comin
Fuzzybotfuzzybot.comin𝕏

FuzzyBot is a small independent game studio developing experimental video games, including a co-op horror game and a roguelite/life-sim hybrid action RPG.

ConsumerGamingLos Angeles, US

Max Spielberg(Director)Tatyana Dyshlova(Executive Officer, Director)

GC Turbogcturbo.com𝕏

GC Turbo develops gaming technology for entertainment on major digital platforms, serving game developers and publishers.

Gaming

Immersalimmersal.comin𝕏

Immersal develops a Visual Positioning System (VPS) and city-scale mapping toolkit that provides accurate device localization and spatial mapping for indoor, outdoor, and underground environments.

AI & Machine LearningDeep TechIoT

Jam & Teajamandtea.studioin𝕏

Jam & Tea Studio is a game development studio building multiplayer games with emergent, AI-powered gameplay, including its released title Retail Mage and a flagship project codenamed Project Emily.

AI & Machine LearningGaming

J Aaron Farr(Co-founder & Chief Technical Officer)inT Carl Kwoh(Co-founder & Chief Executive Officer)inSamantha Bong(Chief Operating Officer)

Kinoakinoa.ioin

Kinoa is an AI-powered LiveOps platform that lets mobile app companies and game studios manage user engagement, retention, and monetization from a single dashboard — including communications, remote config, segmentation, A/B testing, and user flows — without code changes or new app releases.

AI & Machine LearningGamingSaaS

Kopla Gameskoplagames.com
Lightheartlightheart.gamesin𝕏

Lightheart is a game studio that develops mobile action games, including Mr.

ConsumerGaming

Mainframemainframe.coin

Mainframe provides software development and marketing services for decentralized finance protocols, specializing in parameter optimization to improve capital efficiency, fees, risk management, and incentive structures.

Crypto & Web3FintechSan Francisco, US

Mainframe Industriesthemainframe.com
Merged with Mainframe Industriessolfar.com

Solfar is a virtual reality studio that develops VR games and experiences, including the title "In Death" and "Everest VR," available on platforms such as PlayStation VR.

Gaming

Multiscriptionmultiscription.com
Mygamezmygamez.comin

MyGamez provides publishing and market-entry services that help global mobile game publishers launch and grow their games in the Chinese market, including handling China regulation and localization.

GamingMedia & Entertainment

Neon Giantneongiant.se𝕏

Neon Giant is a game development studio that creates AAA gaming entertainment experiences.

Gaming

Network Nextnetworknext.com

Network Next provides network acceleration for multiplayer games, reducing latency for players with high ping.

Data & InfrastructureGaming

New Talesnewtales.comin𝕏

New Tales is an independent video game publisher that partners with game studios and develops its own game IPs, offering go-to-market and community marketing services.

GamingMedia & EntertainmentLyon, FR

Nextgamesnextgames.com𝕏

Next Games is a Netflix-owned game studio that develops games based on original ideas and Netflix intellectual property.

GamingMedia & Entertainment

Nextmindnext-mind.com
Nimble Foxnimblefox.aiin

Nimble Fox is an AI tool for Unity developers that generates game assets and Unity components — including GameObjects, Prefabs, scripts, audio, characters, and particle systems — from text ideas.

AI & Machine LearningDeveloper ToolsGaming

Nutfarm Gamesnutfarmgames.com
Playco enterprise-saasplay.co

Playco develops web-based games that can be played instantly without app downloads, enabling multiplayer gaming across multiple platforms and devices.

Gaming

Playmore Gamesplaymoregames.com𝕏

Playmore Games is a software and gaming company that develops Dized, a companion app helping players learn and play board games without reading rulebooks.

ConsumerGamingSaaSHelsinki, FI

Jouni JussilaTomi Vainikka

Pocket Burgerpocketburger.games
Psyon Gamespsyongames.comin

Psyon Games develops research-based mobile and visual novel games focused on health awareness, gamified diagnostics, and therapy, covering topics such as COVID-19 and ADHD.

Digital HealthGamingHealthtech

Resolution Gamesresolutiongames.comin𝕏

Resolution Games develops VR and spatial computing games including titles like Demeo, Spatial Ops, and Angry Birds VR for platforms including Apple Vision Pro, Meta Quest, PlayStation VR, and Nintendo Switch.

Gaming

Carl-Arvid Ewerbring(Founder)

Returnentertainmentreturnentertainment.com
Rocky Roadrockyroad.io

Rocky Road is building a social gaming network that connects gamers.

GamingSocial

Scorespacescorespace.net𝕏

ScoreSpace runs monthly game jams where developers build games around a theme in 72 hours, then advances top titles to live platform testing and full publishing with monetization and live ops support.

GamingMedia & Entertainment

Seven Starssevenstars.gamesin

Seven Stars is a mobile game studio that develops casual games, including "Castaway Isle," a merge-and-restore game with a mystery narrative.

ConsumerGaming

Shark Punch / Matchmadematchmade.tv

Matchmade is an influencer marketing platform that connects brands and advertisers with YouTube creators, using machine learning and big data to match campaigns across over 16 million channels.

AI & Machine LearningCreator EconomyMarketing Tech

Silvercoin Studiossilvercoinstudios.com
Singasinga.com
Skunkworks Gamesskunkworksgames.comin𝕏

Skunkworks is a game development studio building games and products, with published work including collaboration with PG SOFT on the game Wild Bandito.

GamingHelsinki, FI

Small Giant Gamessmallgiantgames.com
Snowprint Studiossnowprintstudios.comin𝕏
Solstensolsten.ioin
Starbornestarborne.com

Starborne is a science-fiction strategy game set in an intergalactic universe where players command fleets, engage in tactical space battles, and explore frontiers.

Gaming

Superplus Gamessuperplusgames.com𝕏

Superplus is a mobile game studio founded by former Rovio developers that builds casual multiplayer games for mobile devices.

GamingHelsinki, FI

Theorycraft Gamestheorycraftgames.comin𝕏

Theorycraft Games is a game studio building competitive multiplayer and player-focused games, led by veterans from major franchises including League of Legends, VALORANT, Overwatch, and Diablo.

Gaming

Areeb Pirani(CEO)in

Thridversethirdverse.io
Tribotribo.gamesin𝕏

Tribo brings proven mobile games to the open web for instant browser play without app store downloads, and uses AI agents to run user acquisition, live operations, retention, and monetization.

AI & Machine LearningGamingMedia & Entertainment

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Sisu Game Ventures invest at?
Sisu Game Ventures invests at the Pre-Seed, Seed, Series A stages.
What sectors does Sisu Game Ventures focus on?
Sisu Game Ventures focuses on Gaming.
Where is Sisu Game Ventures located?
Sisu Game Ventures is headquartered in Oslo, NO.
Does Sisu Game Ventures lead rounds?
Yes, Sisu Game Ventures leads investment rounds.

Media · Podcasts & interviews

featuring the team

Samuli Syvähuoko, Sisu Game Ventures

Bit1 Game Award · Samuli Syvähuoko

Co-investors · 1

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BITKRAFT Ventures is a global investment platform focused on gaming, interactive media, and related technologies, investing at the intersection of physical and digital worlds it calls 'Synthetic Reality.'

$100K – $5M

Firms observed investing alongside Sisu Game Ventures, from public investor directories. Shared companies are the overlap with Sisu Game Ventures's recorded portfolio.

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