1939 Games announced a $1.9 million investment led by Icelandic VC fund Crowberry Capital, Sisu Game Ventures and its CEO Hilmar Veigar Pétursson.

Finland Iceland Investments 23 April 2020
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1939 Games, a Reykjavik, Iceland-based indie games developer, announced closing in a $1.9 million investment.

The investment round was led by VC company from Iceland Crowberry Capital, CCP Games CEO Hilmar Veigar Pétursson, and gaming VC company from Finland, Sisu Game Ventures.

The proceeds will be used for the development of its gaing title, Kards, and create a mobile version.

1939 Games, founded in 2015 by by former CCP Games employees, Ívar Kristjánsson (CEO) and his brother, Guðmundur Kristjánsson (Creative Director), developed Kard, a Second World War-themed digital card game, which has now over 100,000 weekly active users.

Prior to this round, 1939 raised $2 million in venture money (including from Tencent) and about $1 million in grants from Icelandic governemental agencies.