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Fenris Creations | CCP Games

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Developer of massively multiplayer online (MMO) games

Reykjavík, IcelandFounded 1997Consumer Services
Valuation $100–250M Last recorded · 2026
Headcount 1–2k Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Fenris Creations | CCP Games and the history behind them.

About Fenris Creations | CCP Games

CCP Games, recently rebranded as Fenris Creations, is a world-leading independent developer of massively multiplayer online games. The company’s core mission is to create virtual worlds that are more meaningful than real life, a goal achieved through the development of deep, player-driven ecosystems. Its flagship title, EVE Online, stands as a landmark in the gaming industry, featuring a persistent, single-shard universe where hundreds of thousands of players engage in warfare, trade, and political intrigue.

Operating primarily in the consumer entertainment market, CCP utilizes a subscription-based model supplemented by in-game economic transactions. The company serves a global audience of dedicated players, ranging from casual explorers to large-scale industrialist coalitions. Its business strategy revolves around the "Games-as-a-Service" philosophy, maintaining decades-long product lifecycles through continuous updates and community-centric development. Following its 2026 management buyout, the firm has expanded its focus to include blockchain-integrated survival simulations and research into agentic artificial intelligence.

Technologically, CCP is a pioneer in large-scale distributed systems and infrastructure modernization. The company has transitioned from legacy data center hardware to cloud-native Kubernetes environments to support the massive concurrency required for its virtual worlds. Through partnerships with industry leaders like Google DeepMind, the studio explores the boundaries of AI behavior within complex social environments. This commitment to technical innovation and emergent gameplay ensures its position at the forefront of the persistent world gaming sector.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1997
Headquarters
Reykjavík, Iceland
Employees
1,350
Open positions
16
Dealroom signal
82.4/100
Industry
Gaming
Sub-industry
Console & PC Gaming
Sector
Consumer Services, PC Gaming, Browser Games, Entertainment, Game Development, Multiplayer, Publisher Tools, Immersive Technologies, Hard Tech
Technology
Virtual Reality
Business model
SaaS
Client focus
b2c
Investment activity
1 company, latest Apr 2022
Capital deployed
—
Preferred round
ICO

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing May 2026 $0 — Alphabet | Google —
ACQUISITIONOther financing May 2026 $120M $120M Birgir Ragnarsson ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Fenris Creations | CCP Games website traffic

Latest recorded traffic for Fenris Creations | CCP Games is 9.5K monthly website visits, down 90.5% over the last three months. Fenris Creations | CCP Games's team grew 12.1% over the past year.

Latest monthly visits9.5K 3-month web change-90.5% 1-year team growth+12.1%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later10 investors entered at this stage

Other known investors2 additional known investors

  • Birgir Ragnarsson
  • Pearl Abyss
Team profiled 22 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇮🇸 Iceland · Reykjavík HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Fenris Creations | CCP Games on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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