RedDeer.Games' promotion in the "Forbes" ranking and a significant increase in the company's valuation
A dynamically growing game developing company RedDeer.Games whose shareholder is the PMPG Polskie Media S.A. Group has once again been recognized in the prestigious ranking of the Forbes Polska monthly magazine. In the "TOP 50 Game Producers in Poland 2023" ranking, RedDeer.Games was ranked 34th (jumping from 40th place), with a company valuation of PLN 70 million (PLN 56 million a year ago).
RedDeer.Games, a company established in 2019, debuted in the Forbes Polska 2022 ranking, placing 40th among the "TOP 50 Game Producers in Poland 2022." It rose to 36th place in this year's ranking. The company has already released 100 games in four years of its operation which are available on platforms such as Nintendo eShop, Xbox Store, AppStore and Steam. Currently, the company is one of the largest publishers of games for Nintendo Switch. The studio's games regularly appear in the TOP 30 sales in the Nintendo Switch eShop in all regions.
During the year, in addition to its offices in Warsaw and Szczecin, the company expanded its operations by another office located in Barcelona. With this, the company underscores its international aspirations and expansion into global markets. The Warsaw office is the company's HUB, while the new studio in Barcelona is the headquarters to attract more international talents. For the moment, the team of programmers, graphic designers and creative game developers from Poland has been enriched by specialists from Korea, Turkey, Macedonia, Italy, Spain and Ukraine. Currently, the RedDeer.Games team consists of more than 60 people.
The ranking prepared by Forbes Polska journalists Piotr Karnaszewski and Filip Kowalik ranks a total of 50 of the most significant Polish game developing companies, based on an estimate of the value of a given company.
- "This year we have successfully completed another investment round and have bold and ambitious plans to develop games based on well-known and catchy brands, such as 'Zły' [The Evil One], based on the famous book by Leopold Tyrmand, or the well-known 'The Smurfs.' We are pleased that further investment rounds have been receiving increasing interest from investors. RedDeer.Games' growing position in the Forbes ranking shows that the development strategy we have chosen is effective and contributes to the company's dynamic growth," says Michal M. Lisiecki, CEO and co-founder of RedDeer.Games.
RedDeer.Games has completed and successfully registered with the KRS its third investment round raising capital for further development. The company is already valued at more than PLN 70 million, a significant increase over the previous round of capital raising. The PMPG Group's stake in RDG's capital currently stands at 18.45%.
The company is currently in the process of recruiting for senior positions: Head of Capital Acquisition and Investor Relations Manager. Read more about recruitment for new positions at RedDeer.Games at the links below:
Several job openings at RedDeer.Games can constantly be found under the CAREER tab on the company's website and you can apply for jobs regardless of ongoing recruitment. The company's management plans to increase its workforce to 100+ people in 2023-2025.
In September 2022, RedDeer.Games studio received the Research and Development Awards 2022 awarded by Acquisition International Magazine in the category of Best Fastest Growing GameDev Company (Central Europe). In November 2022, RedDeer.Games was selected by Google for Startups, Dealroom.co, Atomico VC/PE and Credo VC/PE as one of the TOP Gaming Startups in Central and Eastern Europe. Currently, the company has nearly 100 contracted titles in its portfolio, with all announcements and games released RedDeer.Games available: HERE
About PMPG Polskie Media SA:
A holding company listed on the main floor of the Warsaw Stock Exchange (WSE: PGM). It operates in the traditional and new media markets. The Group's members include: Agencja Wydawniczo-Reklamowa Wprost, publisher of the wprost.pl website, e-weekly "Wprost" and "Magazyn Wprost Premium," and the Orle Pióro company, publisher of the dorzeczy.pl website and weekly "Do Rzeczy" and the "Historia Do Rzeczy" magazine. The company is also actively investing in new startup projects.
WSE Quotations: https://pl.investing.com/equities/point-group