Sisu Game Ventures is an early-stage venture capital fund focused 100% on the gaming industry. Founded in 2014 and based in Helsinki, the firm invests in game studios globally, with typical investments ranging from €100K to €3M at the pre-seed and seed stages.
46% of their portfolio is in Gaming. Their most common stage is seed (46% of deals). Average disclosed round size is $8.1M (across 30 rounds with reported amounts).
Portfolio
33
Fund Size
$50M
Top Stage
Seed
Last 12 Mo
0
Team
PB
Paul Bragiel
Founding Partner
KK
Kalle Kaivola
Partner
JP
Jere Partanen
Principal
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
35 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Seed | $5.5M | Jan 2026 | |
| Unknown | $10M | Jan 2026 | |
| Seed | $4.5M | Jan 2026 | |
| SSans Strings | Seed | $5.5M | Jan 2026 |
| Series A | $11M | Jan 2025 | |
| Seed | $4M | Jul 2024 | |
| Seed | $5M | Feb 2023 | |
| Seed | $8.5M | Aug 2022 | |
| Pre-Seed | — | Jan 2022 | |
| RReturn Entertainment | Unknown | — | Jan 2022 |
| Seed | $1M | Nov 2021 | |
| Seed | $3.5M | Sep 2021 | |
| Seed | $1.5M | Jun 2021 | |
| TTheorycraft | Series A | $37.5M | Mar 2021 |
| Growth | — | Jan 2021 | |
| Series A | $6.8M | May 2020 | |
| Series A | $8.1M | Mar 2020 | |
| Series A | $6.8M | Jan 2020 | |
| HHipFire Games | Unknown | $180K | Feb 2019 |
| Series B | $7.5M | Oct 2018 | |
| Seed | $3M | Apr 2016 | |
| Seed | — | Jan 2016 | |
| Seed | $1M | — | |
| Series B | $22M | — | |
| Unknown | $5.3M | — |
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Top Co-Investors
Crowberry Capital4 shared
Galaxy Interactive4 shared
BITKRAFT Ventures4 shared
a16z speedrun4 shared
Korea Investment Partners3 shared
Initialized Capital3 shared
Riot Games2 shared
Maki.vc2 shared
Konvoy2 shared
Raptor Group2 shared
Red River West2 shared
Kima Ventures2 shared
Makers Fund2 shared
1Up Ventures2 shared
Business Finland2 shared
NetEase2 shared
Griffin Gaming Partners2 shared
Spintop Ventures2 shared
byFounders2 shared
Last updated: 7 October 2026
