FunVenture raises $1M seed 8 years post-founding on $4.2M revenue base
Summary
Polish studio FunVenture closed a $1M seed round on August 7, 2026, eight years after founding
Lead asset Miners Settlement has generated $4.2M gross revenue from 4.2M downloads on iOS and Google Play
Syndicate spans Acquinox Capital, ART-Tech Fund, and six named angels - relationship-assembled, not competitively bid
"Every release made us a little better prepared for the next one"
01
Late-seed structure signals capital discipline, not survival
$1M seed closed August 7, 2026 by a studio founded in 2018 - atypically late for a seed designation
Institutional backers Acquinox Capital and ART-Tech Fund joined six named angels including Mariusz Gąsiewski and Janusz Moneta
Broad angel-heavy syndicate at seed stage points to a relationship-assembled round, not a competitive process
A studio with $4.2M tracked revenue raising only $1M reads as additive capital, not foundational runway
02
Revenue baseline reframes the FunVenture seed funding risk profile
Miners Settlement generated $4.2M gross revenue from 4.2M downloads per AppMagic - roughly $1 per install
That RPD ratio marks a monetization-efficient F2P title, not a speculative early-stage bet
Miners Settlement also shipped on Steam, establishing cross-platform deployment precedent before this round
Second title Arcanterra gives investors a multi-release track record to underwrite, not a single proof point
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