Dead Astronauts Secures €4m

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News/Dead Astronauts Secures €4m

Written by Dante Uzel on 11 February 2025 13:09

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Swedish developer Dead Astronauts has secured €4 million in an "oversubscribed" seed funding round led by Behold Ventures.

The studio plans to use the funds to grow its core team and advance the development of its open-world action-adventure game, codenamed Veil, which is being built using Unreal Engine 5.

The round also saw contributions from Lifelike Capital, 1Up Ventures, and Acequia Capital. Additionally, angel investors including Matt Bilbey, Are Mack Growen, Klaas Kersting, Asbjoern Malte Soendergaard, and Kristian Segerstråle played a role in funding the project.

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"We are thrilled to have successfully completed our seed round and bring our vision for Dead Astronauts to life as a next-generation game studio," said co-founders Erik Morin and Tobias Nyman. "While today's market presents unique challenges, we see immense opportunities to reinvent open worlds and push game-changing technology. We are incredibly grateful to have investors who believe in our vision and are excited to support bold new player experiences."

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