Frvr Raises $3M in Seed Funding Led by Accel

Frvr, a Malta-based HTML5 games publisher, raised $3m in seed funding.

The round was led by Accel with participation from Makers Fund and angel investors Paul Heydon and David Helgason.

Founded in 2016 by Chris Benjaminsen and CEO Brian Meidell, Frvr is a publisher of HTML5 games for both chat and post-app store platforms. The company creates games that, once built, run in browsers with minimal load times and hardware requirements, and which can be ported seamlessly to all platforms, channels and app stores. It distributes games across a range of mobile, messaging and browser-based platforms, including Facebook Messenger, Appleā€™s App Store, Google Play Store and soon WeChat, with plans to further distribute its games across 10 new platforms in the coming months.

It now has a catalogue of 32 games designed for fast, casual in-app gaming by a broad audience, with another 19 titles currently in development. Their biggest game, Basketball FRVR, has had 5.6 billion games played by users since its release in 2017. Similar success has been seen with Hex FRVR and Mahjong FRVR.

The company intends to use the funds to expand games into new markets, most notably in Asia, and onto many new platforms and to make key hires across the offices in Malta, London, Seville and Copenhagen. It currently has a team of 14 members.

FinSMEs

18/07/2018

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