Copenhagen-based BetaDwarf has raised 6.6 million USD in Series A financing led by Makers Fund, with participation from seed investor London Venture Partners (LVP) as well as new investors 1Up Ventures and Everblue Management.
Best known for their Forced series and MOBA Minion Masters, the profitable developer has raised additional capital to utilise the most socially engaging mechanics from MMOs and MOBAs to build intimate friendships between players via data-driven bonding.
“It’s beautiful when (societal) impact and business (have) a chance to meet,” says Betadwarf CEO and co-founder Steffen Kabbelgaard. “We are more than confident that we will set many (new) industry benchmarks and that our team will be empowered and motivated by the positive impact on people’s lives.”
“Having followed the Betadwarf team’s journey over the last two years, we’ve been continually impressed by their rapid ability to set high aspirations and hit them in short succession,” says Makers Fund partner Michael Cheung. “We’re excited to be supporting them as they grow the company to the next level.”
Learn more about BetaDwarf at www.betadwarf.com.
Image above, left to right: BetaDwarf founders Kenneth Harder and Steffen Kabbelgaard