Porcelain Fortress
Our mission is to develop simple, fun and well-polished games for the PC market.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
* | $3.0m | Seed | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 294 % | 167 % | 209 % | (39 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | (15 %) | 16 % | 13 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (101 %) | (7 %) | (18 %) | 13 % | 10 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
An Icelandic game development studio specializing in PC, Virtual Reality (AR), and Augmented Reality (AR) games. The company, founded in 2017, focuses on creating polished and engaging games, including the title "No Time to Relax" and the upcoming satirical game "Walk of Life" (2025).
Porcelain Fortress has a strong financial backing, having secured $3 million in a seed funding round led by Behold Ventures, Brunnur, and Crowberry Capital. The company's team brings experience from established mobile gaming companies like Rovio and Supercell, indicating a solid foundation in game design and monetization strategies. Their business model appears to be centered on the development and sale of premium games for the PC market, with a strategic focus on the growing VR/AR segments.
Keywords: Game development, PC gaming, Virtual Reality, Augmented Reality, Seed funding, Behold Ventures, Brunnur, Crowberry Capital, No Time to Relax, Walk of Life