Grey Area
Creating category defining gaming experiences for mobile and tablet devices
Grey Area has raised €1.8M across 2 funding rounds from 4 investors, most recently a Series A round in Feb 2011. Based in Helsinki, Finland; founded 2009; active in Gaming. Data as of 28 Oct 2026.
Total raised
€1.8M
€1,825,884
Funding rounds
2
Investors
4
distinct backers
Active since
2010-11
latest 2011-02
Funding by year
EUR raised per yearGrey Area — funding by year — interactive chart.
Data table
| Grey Area — funding by year | |
|---|---|
| 2010 | €0 |
| 2011 | €1.8M |
Signals
Medium confidenceRaise-next likelihood8
base rate 44% for Series A
- ▼ Dormant (no round in 3+ cohort gaps)
- ▼ Low backer re-investment
Exit likelihood5
base rate 11% (2+ rounds)
- ▼ Old (17y) — past typical exit age
- ▼ No recent equity round (debt-only or quiet)
Timing: dormant vs cohort gap · momentum unknown. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
2 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2011-02-01 | Series A | €1.8M | Index Ventures,Initial Capital,London Co-Investment Fund | View deal → |
| 2010-11-01 | Other | €0 | Ilkka Paananen | View deal → |
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Global coverage: FundingData