About MindArk
MindArk is a company based in Goteborg (Sweden) founded in 1999.. MindArk offers products and services including Entropia Universe. MindArk operates in a competitive market with competitors including IMVU, ZEPETO, Meta, VRChat and Hadean, among others.
- Headquarter Goteborg, Sweden
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Sectors
Media & EntertainmentTechnology
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Phone
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Website
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Social
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- Legal Name Mindark Pe Ab
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Annual Revenue
$8.22 M (USD)-25.66as on Dec 31, 2024
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Net Profit
$441.52 K (USD)-74.31as on Dec 31, 2024
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EBITDA
$2.48 M (USD)-17.77as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of MindArk
MindArk offers a comprehensive portfolio of products and services, including Entropia Universe. 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.
Virtual environment for gaming with real cash economy and social features
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Funding Insights of MindArk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by MindArk
| 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 - MindArk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Mindark Comparisons
Competitors of MindArk
MindArk 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 IMVU, ZEPETO, Meta, VRChat and Hadean, 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 |
Provider of an online 3D avatar-based social network
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| domain | founded_year | HQ Location |
Metaverse social platform offering 3D character creation
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| domain | founded_year | HQ Location |
Metaverse platforms and VR devices are developed for immersive interactions.
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| domain | founded_year | HQ Location |
Provider of a VR-based social platform
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| domain | founded_year | HQ Location |
Provider of a metaverse development platform
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| domain | founded_year | HQ Location |
AI-powered mixed reality platform for advertising content is developed.
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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 Mindark
Frequently Asked Questions about MindArk
When was MindArk founded?
MindArk was founded in 1999.
Where is MindArk located?
MindArk is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
What is the annual revenue of MindArk?
Annual revenue of MindArk is $8.22M as on Dec 31, 2024.
What does MindArk do?
MindArk was founded in 1999 in Gothenburg, Sweden, within the virtual reality and metaverse sector. A 3D online environment called Entropia Universe is operated, featuring dynamic planetary systems managed by partner companies that provide activities tied to planetary narratives. An entertainment and business platform is also offered, allowing organizations to develop content. The system includes a real-cash economy where in-game currency can be bought and withdrawn as actual funds.
What products or services does MindArk offer?
MindArk offers Entropia Universe.