About Fast Travel Games
Fast Travel Games is a company based in Stockholm (Sweden) founded in 2016 by Kristoffer Benjaminsson.. Fast Travel Games has raised $10.1 million across 4 funding rounds from investors including Handelsbanken, Creades and Brightly Ventures. Fast Travel Games offers products and services including Games and Media Kit. Fast Travel Games operates in a competitive market with competitors including Resolution Games, CCP Games, Within, Survios and XR Games, among others.
- Headquarter Stockholm, Sweden
- Founders Kristoffer Benjaminsson
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Sectors
Media & EntertainmentTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Fast Travel Games Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.1 M (USD)
in 4 rounds
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Latest Funding Round
$4 M (USD), Series B
Oct 10, 2023
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Investors
Handelsbanken
& 5 more
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Employee Count
Employee Count
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Products & Services of Fast Travel Games
Fast Travel Games offers a comprehensive portfolio of products and services, including Games and Media Kit. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for developing and playing interactive video games
Resources for sharing game updates and information
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Funding Insights of Fast Travel Games
Fast Travel Games has successfully raised a total of $10.1M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $4 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $4.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series B - Fast Travel Games | Valuation | Handelsbanken | |
| Jul, 2021 | Amount | Series B - Fast Travel Games | Valuation | Brightly Ventures | |
| Sep, 2017 | Amount | Series A - Fast Travel Games | Valuation | Industrifonden |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fast Travel Games
Fast Travel Games has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Handelsbanken, Creades and Brightly Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Brightly Ventures is focused on investing in Nordic startups.
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Founded Year | Domain | Location | |
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Investments in deep-tech, life sciences, and transformative tech are managed.
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Founded Year | Domain | Location | |
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Private equity investments in SMEs are managed by the firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fast Travel Games
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fast Travel Games
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fast Travel Games Comparisons
Competitors of Fast Travel Games
Fast Travel Games operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Resolution Games, CCP Games, Within, Survios and XR Games, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
VR casual games are developed for major platforms.
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| domain | founded_year | HQ Location |
Video game developer specializing in the MMORPG and VR games
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| domain | founded_year | HQ Location |
Cinematic virtual reality content is developed and distributed globally.
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| domain | founded_year | HQ Location |
Games and applications for virtual reality devices are developed.
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| domain | founded_year | HQ Location |
VR games for mobile, console, and arcade platforms are developed.
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| domain | founded_year | HQ Location |
Indie VR games and entertainment content are developed by nDreams.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fast Travel Games
Frequently Asked Questions about Fast Travel Games
When was Fast Travel Games founded?
Fast Travel Games was founded in 2016.
Where is Fast Travel Games located?
Fast Travel Games is headquartered in Stockholm, Sweden.
Is Fast Travel Games a funded company?
Fast Travel Games is a funded company, having raised a total of $10.1M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.1M, raised on Jun 29, 2016.
What does Fast Travel Games do?
Fast Travel Games was founded in 2016 in Stockholm, Sweden, as a studio specializing in virtual reality game development for PC and console platforms. Operations center on creating VR titles that emphasize narrative storytelling and social interaction features. The studios Apex Construct, an action-adventure VR game, has been released on Steam, PlayStation Store, and Oculus Store. Revenue is derived from sales of these paid games.
Who are the top competitors of Fast Travel Games?
Fast Travel Games's top competitors include CCP Games, Resolution Games and nDreams.
What products or services does Fast Travel Games offer?
Fast Travel Games offers Games and Media Kit.
Who are Fast Travel Games's investors?
Fast Travel Games has 6 investors. Key investors include Handelsbanken, Creades, Brightly Ventures, Industrifonden, and Inbox Capital.