Owlchemy Labs

Austin, United States Founded: 2010 • Age: 16 yrs Acquired By Google
Independent game development studio
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About Owlchemy Labs

Owlchemy Labs is a company based in Austin (United States) founded in 2010 was acquired by Google in May 2017.. Owlchemy Labs has raised $5 million across 1 funding round from investors including Google, HTC Corporation and Qualcomm Ventures. Owlchemy Labs operates in a competitive market with competitors including Riot Games, Krafton, Ubisoft, Dapper Labs and Electronic Arts, among others.

  • Headquarter Austin, United States
  • Sectors
    Media & Entertainment
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Owlchemy Labs Inc.
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment
Media & Entertainment → Gaming & Interactive Entertainment
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Aug 08, 2016

  • Investors
    Google

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Google

    (May 10, 2017)

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Funding Insights of Owlchemy Labs

Owlchemy Labs has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in August 2016. 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 Rounds 1
  • Last Round Series A — $5.0M
  • First Round

    (08 Aug 2016)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2016 Amount Series A - Owlchemy Labs Valuation Qualcomm Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Owlchemy Labs

Owlchemy Labs has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, HTC Corporation and Qualcomm 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investing in technology sectors such as AI and automotive.
Founded Year Domain Location
Early-stage tech-focused VC firm investing in geographies such as the US
Founded Year Domain Location
Acceleration is provided to seed-stage, early-stage, and later-stage companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Owlchemy Labs

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Owlchemy Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Owlchemy Labs Comparisons

Employees
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Competitors of Owlchemy Labs

Owlchemy Labs 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 Riot Games, Krafton, Ubisoft, Dapper Labs and Electronic Arts, 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
domain founded_year HQ Location
Video games are developed and eSports tournaments are organized.
domain founded_year HQ Location
A variety of online multiplayer games is provided by Krafton.
domain founded_year HQ Location
Video games are developed and published by Ubisoft worldwide.
domain founded_year HQ Location
Blockchain-based games developer for PC and console
domain founded_year HQ Location
Video game developers focused on core games
domain founded_year HQ Location
Video game developer and publisher focusing on MMORPGs for mobile, browser and PC platforms
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Owlchemy Labs

Frequently Asked Questions about Owlchemy Labs

When was Owlchemy Labs founded?

Owlchemy Labs was founded in 2010 and raised its 1st funding round 6 years after it was founded.

Where is Owlchemy Labs located?

Owlchemy Labs is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Is Owlchemy Labs a funded company?

Owlchemy Labs is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Aug 08, 2016.

What does Owlchemy Labs do?

Owlchemy Labs is an independent game studio developing VR games and VR experiences. Has developed Job Simulator, which is a virtual reality experience. The studio is working on other VR game Vacation Simulator. The studio has also developed several casual PC and mobile games. The games are available on Steam to download. Has been awarded as Best VRAR Game award at the 2017 at Game Developers Conference for its game Job Simulator. It generates revenue through paid games.

Who are the top competitors of Owlchemy Labs?

Owlchemy Labs's top competitors include Krafton, Animoca Brands and Riot Games.

Who are Owlchemy Labs's investors?

Owlchemy Labs has 6 investors. Key investors include Google, HTC Corporation, Qualcomm Ventures, The Venture Reality Fund, and Capital Factory.

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