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Shiro Games

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An independent video game development studio based in Bordeaux, France

Randburg, South AfricaFounded 2012Consumer Services
Valuation $100–500M Latest valuation · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Shiro Games and the history behind them.

About Shiro Games

Independent video game development studio based in Bordeaux, France, founded in 2012 by industry veterans Sebastien Vidal and Nicolas Cannasse.

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The company has a team of around 70 talented and passionate developers and has developed several games, including the Evoland series, Northgard, and Dune: Spice Wars, a 4X real-time strategy game.

Shiro Games operates in the video game market, developing and publishing their own games, and their business model is based on the sale of these games on platforms like Steam.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Randburg, South Africa
Employees
75
Open positions
3
Dealroom signal
75.6/100
Industry
Gaming
Sub-industry
Console & PC Gaming
Sector
Consumer Services, radar de l'innovation, observatoire ia
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Shiro Games.

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCOther financing Oct 2022 $55M $165M Cathay Capital
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
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Growth signals

Shiro Games website traffic

Latest recorded traffic for Shiro Games is 52K monthly website visits, up 92.6% over the last three months. Shiro Games's team grew 11.9% over the past year.

Latest monthly visits52K 3-month web change+92.6% 1-year team growth+11.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

1 investor on the cap table

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

Series B and later1 investor entered at this stage

  • Cathay Capital
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
2 countries with
team presence
🇫🇷 France98.4%
🇸🇪 Sweden1.6%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Shiro 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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