Independent Icelandic games studio 1939 Games secures funding from multiple investors, including Korea Investment Partners, Woori Technology Investment Co. Ltd, Seoul Investment Partners, Sisu Game Ventures, and Crowberry Capital, to self-publish its hit PC title KARDS on mobile in 2022.
30 September 2021, Reykjavik, Iceland
Independent game developer 1939 Games today announced that it has successfully raised $5.3 million to bring its hugely successful PC digital collectible card game KARDS to mobile gamers in 2022. This investment comes from a collection of private and public sources, including Korea Investment Partners, Woori Technology Invest Co. Ltd., Seoul Investment Partners, Sisu Game Ventures, and Crowberry Capital.
The majority of the investment will be used towards self-publishing on mobile and realizing 1939 Games’ vision of making Kards a truly cross-platform title.
“We always intended for Kards to be a truly cross-platform title, and this funding enables us to bring the title to iOS and Android in 2022,” said CEO Ívar Kristjánsson. “Our investors recognize the enormous untapped potential for Kards in the mobile gaming market, which Newzoo recently projected to hit $116bn in 2024. A mobile version of Kards is our most common player request, and we’re very excited to now be able to deliver on this in the coming months.”
“Kards is a fantastically well-made game due to the pedigree of the team behind it,” said Sang-Ho Park, Executive Director Korea Investment Partners (KIP). “ Our investment reflects our strong belief in the team as well as the title’s huge potential when it comes to mobile in the Asian market.”
“We are happy to follow up on our early investment as the 1939 team has proven its ability to build a stellar game. We are impressed by how they combine their artistic ability with industry insight and an innovative approach to digital card gaming. With such a great addition to the team of investors, the future is very exciting.” said Hekla Arnardottir, Chairman of 1939 Games Board and founding partner at Crowberry Capital.