Logtown Studios raise SEK 6M from angel investors

Logtown Studios, a Stockholm, Sweden VR gaming boutique received a SEK 6M ($670k) investment from angel investors Alexander Björkman and Thomas Björkman.

Logtown Studios was founded at the end of 2016 as a joint venture between Svrvive and a group of Swedish gaming industry veterans, namely Daniel Nyberg, Alberto Amigo, Per Wahlfridsson and Jonas Malm. Their intention is development of VR games, mainly for Oculus and Playstation's VR platform.

According to the CEO Per Wahlfridsson, the investment money will be used for adding more people into the team and advance the development of their first title.