Startup profile · funding coverage
CCP Games funding, valuation and investors
EVE Online studio building a blockchain-based MMO in the EVE universe.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Seed
$40M · 2023
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$40M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
seed · Reykjavik, Iceland
Investors in latest funding
Lead: Andreessen Horowitz
Overview
CCP Games is the Icelandic studio behind EVE Online, the long-running space MMO. In 2023 CCP raised a $40M seed round led by Andreessen Horowitz's games fund with Makers Fund, Bitkraft, Kingsway, Hashed, and Nexon participating to develop a new blockchain-based MMO set in the EVE universe. The funding supports a separate project from EVE Online's existing Tranquility server, applying web3 economics to a new title while the core EVE franchise continues.
Why CCP Games is interesting
Veteran virtual-worlds team (EVE Online since 2003) raised a16z Games $40M seed for a new web3 MMO — rare AAA studio bet on on-chain economies.
Product & use cases
New EVE-universe MMO with blockchain-based economies — distinct from legacy EVE Online server — funded by a16z Games seed.
- Next-gen EVE IP MMO with digital ownership mechanics
- Persistent virtual world economies on-chain
- Expanding EVE franchise to web3-native audiences
Key facts
- Seed (2023): $40M led by a16z Games (CCP press)
- EVE Online studio since 1997
- Co-investors: Makers Fund, Bitkraft, Kingsway, Hashed, Nexon
Funding history (newest first)
Investors in our directory
Funds linked from CCP Games's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Two-decade EVE Online live-ops expertise and IP vs. web3 games without shipped AAA MMO track records.
Web3 gaming struggled with retention post-2022. CCP's bet leverages unmatched MMO operations experience. Risk: community backlash on blockchain and execution on unproven economic design.
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Star Citizen adjacent
Space MMO ambition; different funding and tech stack.
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Other web3 MMOs direct
Blockchain game studios without EVE-scale live ops history.
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EVE Online (same studio) adjacent
Legacy title continues; new project is separate chain-based game.
Notable stories
- CCP announced web3 EVE project separately from Tranquility — preserving core subscriber base.
- a16z Games $40M seed among largest for Icelandic game studio projects.
Industries
Related funding articles
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FAQs about CCP Games
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