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Venture Capital

Dead Astronauts Secures €4 Million in Seed Round Led by Behold Ventures

Sweden-based game developer Dead Astronauts has raised €4 million in its first seed funding round led by Behold Ventures. Klaas Kersting has also invested in the team and their open-world action-adventure game, codenamed Veil.

Marcel Kleffmann10.02.2025 13:00
Dead Astronauts Secures €4 Million in Seed Round Led by Behold Ventures
Behold Ventures is an early-stage venture capital fund investing in European video games start-ups, founded in 2021 by Magnus Kenneby, Sigurlína Ingvarsdóttir and Karl Magnus Troedsson (from left to right). Behold Ventures

Founded in 2024 by Tobias Nyman, Erik Morin, Robert Moschos and Thomas Tedemalm with industry experience from Massive Entertainment, Ubisoft and Epic Games, Dead Astronauts is expanding beyond its core team and has raised €4 million in its first seed funding round. Lead investor Behold Ventures is joined by co-investors Lifelike Capital, 1Up Ventures, Acequia Capital. Angel investors are Are Mack Growen, Matt Bilbey, Klaas Kersting (Founder & CEO of Phoenix Games), Asbjoern Malte Soendergaard and Kristian Segerstråle.

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