Investor profile
Initial Capital has backed 32 European tech companies across 35 funding rounds between 2010 and 2022, joining rounds totalling €148M. Most active in Gaming and Fintech. Data as of 6 Aug 2026.
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| Company | Country | Rounds | Total € |
|---|---|---|---|
| iZettle | Sweden | 1 | €60M |
| Velocity | UK | 1 | €11M |
| Armada Interactive | Finland | 2 | €9.0M |
| Supercell | Finland | 2 | €8.9M |
| Space Ape Games | UK |
| 2 |
| €7.7M |
| Resolution Games | Sweden | 1 | €5.5M |
| Snatch | UK | 1 | €5.0M |
| Tech Will Save Us | UK | 1 | €3.5M |
| Umbra | Finland | 1 | €3.0M |
| Medal | Netherlands | 1 | €3.0M |
| Pok Pok | Belgium | 1 | €2.9M |
| Peak | UK | 1 | €2.3M |
| miDrive | UK | 1 | €2.2M |
| Oppex | Finland | 1 | €2.1M |
| Debut | UK | 1 | €1.9M |
| Grey Area | Finland | 1 | €1.8M |
| Ministry of Games | Finland | 1 | €1.8M |
| Surrogate | Finland | 1 | €1.8M |
| Singa | Finland | 1 | €1.8M |
| PlayPulse | Norway | 1 | €1.7M |
| BUX | Netherlands | 1 | €1.7M |
| Polystream | UK | 1 | €1.4M |
| Traplight Games | Finland | 1 | €1.3M |
| Order of Meta | Finland | 1 | €1.3M |
| WINKO games | Spain | 1 | €1.3M |
| Authenteq | Iceland | 1 | €1.2M |
| BERG Cloud | UK | 1 | €1.0M |
| Hostmaker | UK | 1 | €900k |
| Quikkly | UK | 1 | €801k |
| Nexmo | UK | 1 | €386k |
| Seed |
| €6.4M |
| 2017-02 |
| Space Ape Games | Series C | €5.6M | 2014-12 |
| Resolution Games | Series A | €5.5M | 2015-08 |
| Snatch | Seed | €5.0M | 2017-11 |
| Tech Will Save Us | Series A | €3.5M | 2018-01 |
| Umbra | Series A | €3.0M | 2015-10 |
| Medal | Seed | €3.0M | 2019-01 |
