MizMaa Ventures has led a $7.5m funding round for Stockholm-based virtual reality gaming studio Resolution Games.
GP Bullhound and Fly Forever also took part in the round alongside existing investors GV, Partech, Bonnier Ventures, Creandum and Sisu Game Ventures.
Israel-based MizMaa invests in European and Israeli companies, and helps them access markets in Asia and North America.
The fresh capital will be used to expand Resolution Games' portfolio of intellectual property for both virtual reality and augmented reality.
Creandum, Partech Ventures and Initial Capital took part in a $6m funding round in August 2015 for Resolution Games, led by Google Ventures.
Resolution Games is a gaming studio that develops virtual reality games. Founded in May 2015, the company recently launched its first third-party developer app, Angry Birds FPS: First Person Slingshot, on Magic Leap.
MizMaa Ventures – Catherine Leung (general partner).
Resolution Games – Tommy Palm (CEO).
Parent company Reiff Group said in a statement that the sale is part of its ongoing realignment plan
Neil Bennett, previously of Beacon Rail Leasing, will be appointed executive chairman of the company
Healthtech-focused VC sees oppprtunities in the developing European market, managing director Christian Weiß tells Unquote
Paul Keen, previously CFO of ETC Venues, will join the board as a non-executive director