Resolution Game secured $25 million series C co-led by Qualcomm Ventures and BITKRAFT Ventures.

Resolution Games, a Stockholm, Sweden-based virtual reality and augmented reality games developer, announced completing series C round at $25 million.

The money was raised from investors led by Qualcomm Ventures and BITKRAFT Ventures, joined by GV, MizMaa, GP Bullhound, Partech, Creandum, Initial Capital, Bonnier Ventures and Sisu Game Ventures.

Qualcomm's investment manager Boaz Peer and Malte Barth, founding general partner at Bitkraft, will also join the Resolution Games board.

Proceeds will be used to accelerate company growth and scale ahead of projected market growth as the industry model shifts toward games as a service (GaaS), which requires larger teams to support games post-launch with live-ops teams.

Resolution Games, founded in 2015 and led by CEO Tommy Palm, develops AR and VR titles, including Blaston and Cook-Out: A Sandwich Tale, as well as the most recent RPG dungeon crawler, Demeo,

Resolution Games previously raised more than $13 million.