Fatshark gets Tencent as major shareholder in a SEK 82M capital raise deal.

China, People's Republic of Sweden Investments 08 January 2021
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Fatshark, a Stockholm, Sweden-based independent game developer, announced that it raised the capital with approximately SEK 82 million ($9.9M).

The transaction is part of a larger deal which also had existing shareholder, Tencent, acquiring existing shares from the company's founders. Following the capital raise and the new shares acquisition, Tencent will now own a significant majority in the company. The Chinese holding initially bought 36% of Fatshark in 2019.

Fatshark, founded in 2008 by Joakim Wahlström, Martin Wahlund (CEO), Rikard Blomberg and Johan Jonker, is a game studio known for the titles in the series "Warhammer: Vermintide". The company has 135 employees and had sales of SEK 200 million ($24M) in 2020.