
Accel leads $3m seed round for FRVR
Accel has led a $3m seed round for Malta-based games publisher FRVR.
VC firm Makers Fund and several angel investors, including games industry entrepreneurs Paul Heydon and David Helgason, also participated in the round.
The company will use the fresh capital to expand its offering with 10 new platforms in the coming months, and to penetrate new markets, especially in Asia. The investment will also be used to scale up the team, which is currently composed of 14 members, by making key hires to the company's offices in Malta, London, Seville and Copenhagen.
Company
Founded in 2016, FRVR develops and distributes games across a range of mobile, messaging and browser-based platforms, including Facebook Messenger, Apple's App Store and Google Play Store. The business has a catalogue of 32 games designed for fast, casual in-app gaming and 19 titles currently in development. Its main product, Basketball FRVR, has had 5.6 billion games played by users since its release in 2017. The company is headquartered in Malta and has offices in Copenhagen, London and Seville.
People
Accel – Seth Pierrepont (partner).
FRVR – Brian Meidell (CEO); Chris Benjaminsen (founder).
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