Andreessen Horowitz leads €7.6m series-A for Mainframe Industries

The round also saw participation from existing investors Maki.vc, Play Ventures, Sisu Game Ventures, Crowberry Capital and Riot Games.

The company was founded in April 2019 and has since raised nearly €10m in funding.

The startup is working on developing a cloud-based, open-world, social sandbox, massively multiplayer online (MMO) game designed to work across mobile, computers and television. It intends to use the fresh funding to continue developing its product as well as to grow its teams in Finland and Iceland. 

Co-founder and CEO Thor Gunnarsson said in a blog post: "We believe that cloud gaming represents an inflection point for our industry, dramatically changing both how we make games in future and the ways in which our players will experience them together. We aim to be one of the first studios to create a game made for this new medium."

Previous funding
In October 2019 at the time of its official launch, Mainframe raised €2m in seed financing from Maki.vc, Play Ventures, Sisu Game Ventures and Crowberry Capital.

Company
Founded in April 2019, Mainframe is a pan-Nordic gaming startup company with head offices in Helsinki and Reykjavik. The company is working on reportedly the world's first cloud-based, open-world gaming system, and employs 20 staff. 

People
Mainframe Industries – Thor Gunnarsson (CEO, co-founder).

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