Seed Round Led by Loot Spawn Founder Karl Magnus Troedsson
Okay! That is a serious sounding headline right there! That’s what happens when you put on your adult pants and do adult things.
Anyway. We have just raised a round of funding to the tune of $600k USD.
By doing this, we gained two phenomenally experienced investors who will help Raw Fury to level-up even further—Unity founder David Helgason and veteran entrepreneur Rikard Lindström.
David Helgason, who once stole a ham to feed the Unity founding team, is hailed as a champion in the indie game world given that his game engine, Unity, is wildly popular among independent game studios. He is well known within the entire games industry as a luminary, a leader, and a positive force of nature. And for his laugh. Seriously. It’s unique. When he laughs, EVERYONE knows it’s him.
Rikard Lindström, a self-professed lover of Tetris and Pac-Man, boasts a wealth of experience in the Swedish tech scene, backing companies such as Spray, King, Kry, and probably any other company that only uses one syllable in its name. Which makes his investment into Raw Fury even cooler. Because… You know… Multiple syllables.
The round was led by Loot Spawn founder Karl Magnus Troedsson. KM joined Raw Fury as a colleague, investor, and board member back in July 2016. Outside of this he runs a founder-friendly investment boutique making early equity investments while offering hands-on support utilizing his decades of experience in the games industry. But most importantly, he helps in keeping the Raw Fury fridge stocked with beer and coffee.
Lastly, the round was also meant as an opportunity for everyone involved with Raw Fury to own a stake in the company. Callum Underwood, who recently joined the team and is the current “Face of Fury” (hehe) for developers and partners, led the investments made by team members.
The funds raised in this round will be used to further bolster Raw Fury’s efforts to bring its catalog to console platforms, a process that began in earnest in 2016, became a large focus in 2017, and has now become the most outstanding priority for 2018. This year alone we’ve already released three titles on the Nintendo Switch.
In all honesty, it was either focus on bringing our games to consoles or using all the funds to buy a lifetime supply of spatulas (the board was near split on this and the pro-console/anti-spatula faction squeaked by with one additional vote). We’ll see in the near future if we made the right decision.
Funds raised will also be used to sign more games than originally projected for 2018, and to hire additional personnel to oversee this growth ensuring that projects continue to run smoothly.
We’re planning a bigger round, to support further growth efforts (so many opportunities!) which allow us to be the catalyst of change that we set out to be. It is important to us to find the right partners and people because Raw Fury needs to stay Raw and Furious. We’re not changing for anybody – nuh uh. But more on this impending round later.
Apparently, you’re supposed to include some sort of quote from the CEO in a seed round announcement, something that goes along the lines of “We’re excited we got some money and people to join us blah blah blah.” Here are the words of Raw Fury CEO and founder Jonas Antonsson:
“We’re excited we got some money and people to join us blah blah blah.”
That about wraps it up! With David Helgason and Rikard Lindström on board, bringing mountains of experience along with them, and a heavy focus on console SKUs (and other secret opportunities we can’t tell you about just now, lest we melt brains the world over), we are looking at 2018 to be the best year for Raw Fury to date!