Stockholm-based virtual reality (VR) game developer and publisher Fast Travel Games announced on Tuesday that it has raised €3.7M in a round of funding led by Handelsbanken Fonder, with existing investors Industrifonden, Brightly Ventures, Creades, and Inbox Capital also participating.
The new investment will support Fast Travel Games’ development of new IP for VR platforms and its publishing initiatives. The studio is working on Mannequin, its first original IP in four years, its first-ever multiplayer game, and an unannounced title.
Fast Travel Games is a VR-exclusive games publisher and developer led by industry-leading veterans. The studio released several highly-rated VR titles, such as Apex Construct, The Curious Tale of the Stolen Pets, Wraith: The Oblivion – Afterlife, and more..
“The VR games market continues to grow at a steady pace, and with the introduction of the PSVR2 and the Quest 3 this year and the Apple Vision Pro around the corner, we’re confident this growth will continue,” says Oskar Burman, CEO and co-founder of Fast Travel Games.