Polish mobile studio FunVenture closes $1 million seed round

FunVenture raised $1 million after building a mobile catalogue led by Miners Settlement, which has generated an estimated $4.2 million from 4.2 million downloads.

Polish developer FunVenture has secured $1 million in seed financing to continue building its mobile portfolio. The studio was founded in 2018 and has released titles including Miners Settlement and Arcanterra.

Miners Settlement is its strongest commercial proof point, generating an estimated $4.2 million in gross mobile revenue from 4.2 million downloads, according to AppMagic data cited by PocketGamer.biz, and later expanding to Steam. The investor group includes Acquinox Capital and several individual backers. The round gives a revenue-producing studio more capacity for its next releases without requiring a large growth-stage raise.