RedDeer.Games Plans to Raise $5 Million in Funding. ROI for investors has exceeded 1000% over the last 4 years.

RedDeer.Games, a leading publisher and developer of indie games for the Nintendo Switch and a portfolio company of the publicly traded PMPG Polskie Media Group (WSE: PGM), plans to raise up to $5 million from investors to finance its largest project, "Zły – The Evil One," and further develop the company's proven business model. The funding will involve both an increase in share capital and debt financing. Additionally, due to the company's rapid growth and ongoing recruitment for nearly 40 positions, the management board has been expanded. Until now, it was a single-member board, with the position of CEO held by the studio's co-founder, Michał M. Lisiecki.

- "RedDeer.Games is a very rapidly growing company with ambitious goals. We are very pleased with the performance of our business model and the milestones achieved so far. The studio's work focuses both on executing the adopted strategy and on realizing one of our most advanced projects, 'Zły – The Evil One.' We intend to allocate part of the funds we will raise soon to develop this venture," says Bartłomiej Kossakowski, a board member of RedDeer.Games.

In the past year, RedDeer.Games released 71 new games, 50 of which were available on the Nintendo Switch platform. This achievement placed the studio among the TOP 5 global leaders in creating, porting, and publishing games on this platform. RDG also publishes games on Xbox, PlayStation, Steam, and Steam iOS. The company's revenues in 2023 increased by nearly 80% compared to 2022. By the end of the current year, RedDeer.Games plans to release about 50 new titles, 30 of which will be their own productions. The return on investment (ROI) for the company's investors over the past 4 years has exceeded 1000%, averaging an annual increase in investment value of 250%.

- "Our development plans include not only producing new titles but also expanding our market presence and investing in talent and technology. We continuously recruit and seek experienced individuals to join our team and support our growth. We are confident that RedDeer.Games has the potential to become one of the most attractive indie game publishers, and we are determined to achieve this goal," adds Michał M. Lisiecki, CEO of RedDeer.Games.

RedDeer.Games is a portfolio company of the PMPG Polskie Media Group, which has invested in acquiring about 20% of the company's shares. PMPG Polskie Media is currently working on a new development strategy, which will include supporting and developing entities within its investment portfolio. PMPG aims to be one of the investors who will assist RedDeer.Games in raising the necessary capital.