'Wraith: The Oblivion VR' Studio Fast Travel Games Raises $4M Investment
Summary
Fast Travel Games, the Sweden-based VR developer and publisher behind titles such as Wraith: The Oblivion – Afterlife (2021) and Apex Construct (2018), today announced a new investment worth $4 million. Brightly Ventures, a Nordic early-stage tech investment firm, led the round, and includes existing owners Industrifonden, Creades, and Inbox Capital. Founded in 2016 by industry veterans from Rovio, EA and Dice, Fast Travel Games has grown to over 30 employees in the last five years. To date, the studio has released four VR titles including Apex Construct, The Curious Tale of the Stolen Pets, and Wraith: The Oblivion – Afterlife, and Budget Cuts 2: Mission Insolvency, which was co-developed with fellow Stockholm-based studio Neat Corporation. “We’ve seen amazing growth in the VR market lately with lots of gamers now realising just how much the VR space has matured, in terms of hardware, pricing and access to content,” said Oskar Burman, CEO and co-founder of Fast Travel Games.