FundedIQ
Gaming

Arctic Theory: Funding, Investors & Team (Sep 2026)

Arctic Theory is a game development company focused on massively multiplayer games using innovative technology.

www.arctictheory.com LinkedIn Reykjavík, Iceland 1-10 employees
Gaming Video Games Virtual Reality
Total raised
$2.0M
Rounds
1
Latest
Seed
Mar 2022

Arctic Theory has raised $2.0M across 1 funding round on record, the most recent a Seed of $2.0M announced in Mar 2022.

That round is below the $4.0M median round size for Gaming companies tracked on FundedIQ over the last two years.

Arctic Theory Company Profile and Key Stats

Total funding raised
$2.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$2.0M in Mar 2022
Employees
1-10
reported band
Headquarters
Reykjavík, Iceland

Latest funding round on record: Mar 2022.

Arctic Theory Funding Rounds

Date
Round
Amount
Seed
$2.0M

Arctic Theory Founders and Leadership Team

Name
Role
Contact
Matthias Guomundsson
CEO

No contact details are on record for this team yet.

Arctic Theory Funding Compared to Other Gaming Startups

Segment
Companies
Median round
563
$4.0M
53
$3.0M
16,575
$3.1M

Arctic Theory's latest round of $2.0M is below the median round in Gaming. Medians cover the last 24 months of disclosed rounds.

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Arctic Theory Funding FAQs

What does Arctic Theory do?

Arctic Theory is a game development company focused on massively multiplayer games using innovative technology.

How much funding has Arctic Theory raised?

Arctic Theory has raised $2.0M across 1 round on record. The most recent is a Seed of $2.0M announced in Mar 2022.

When did Arctic Theory last raise funding?

Arctic Theory's most recent funding round on record is a Seed of $2.0M, announced in Mar 2022.

Who is the CEO of Arctic Theory?

Matthias Guomundsson is listed as CEO at Arctic Theory.

Where is Arctic Theory headquartered?

Arctic Theory is based in Reykjavík, Gullbringusysla, Iceland.

How many employees does Arctic Theory have?

Arctic Theory is in the 1-10 employee band.

How does Arctic Theory's funding compare to other Gaming startups?

Arctic Theory's latest round of $2.0M is below the $4.0M median round size for Gaming companies on FundedIQ across 563 tracked companies over the last two years.

About FundedIQ's Arctic Theory Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Arctic Theory is left off this page rather than filled in.

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