Fast Travel Games is a Stockholm-based, VR-exclusive game developer and publisher led by industry veterans. The studio has released twelve VR titles, including Apex Construct, The Curious Tale of the Stolen Pets, and Wraith: The Oblivion – Afterlife. Management reported revenues grew 70% last year to over $5M and said strong growth continues this year. The new funding will support development of new IP for VR platforms and the company’s publishing initiatives. Current projects include Mannequin (its first original IP in four years), the studio’s first multiplayer game, and an unannounced title; the team also plans to publish Project Demigod next year. Fast Travel cites hardware tailwinds from PSVR2, Quest 3, and the upcoming Apple Vision Pro as drivers for further expansion. Fast Travel Games is a Swedish VR game studio developing its first high-end virtual reality title. The company was founded last year by former staffers from Rovio, EA, and Dice and is based in Stockholm. It raised $2.1 million in a new funding round to grow the team and accelerate development and launch of its debut VR game. Management cites an expectation that the high-end VR market could reach 100 million units sold by 2021 and says the founders have deep-rooted expertise to secure a strong foothold. CEO Oskar Burman said the funding will strengthen the team and expand the company’s ability to bring immersive experiences to players. Fast Travel Games, founded in 2016 and based in Stockholm, develops virtual reality games emphasizing social interaction and storytelling. The studio is co‑founded by Oskar Burman (CEO), Kristoffer Benjaminsson (CTO) and Erik Odeldahl (Creative Director). It remains in stealth mode and plans to reveal further details about the company and its games in the coming months. The company raised a seed funding round (amount undisclosed). Advisors to the studio include Mojang’s production director Daniel Kaplan, Avalanche Studio’s founder and CCO Christofer Sundberg, Paradox Interactive’s COO Susana Meza Graham, and Peter Zetterberg from the Microsoft Minecraft team. No operating metrics or revenues were disclosed in the article.

Total raised

$6M

Funding rounds

3

Latest round

Equity

Latest activity

Oct 2023