FundedIQ
Artificial Intelligence

Two Desperados: Funding, Investors & Team (Sep 2026)

For Two Desperados, the year 2021 marks the second decade of existence and the launch of their third game – MuffinVille. Player-centric, led by innovation and focused on technology, this studio explores the usage of artificial intelligence in the gaming industry. Innovation lies within the team and their knowledge is what powers the change and enables Two Desperados to present different approaches to the gaming scene. Well known for creating #1 marble shooter games – Woka Woka and Viola’s Quest – they’ve hit the number of 30 million players worldwide. Two Desperados was founded in 2010 and headquartered in Belgrade, Serbia.

www.twodesperados.com LinkedIn Belgrade, Serbia 51-100 employees
Artificial Intelligence (AI) Gaming Information Technology Software B2B
Total raised
$20.0M
Rounds
1
Latest
Undisclosed round
Jun 2026

Two Desperados has raised $20.0M across 1 funding round on record, the most recent an undisclosed round of $20.0M announced in Jun 2026.

That round is above the $5.5M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Two Desperados Company Profile and Key Stats

Total funding raised
$20.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$20.0M in Jun 2026
Employees
51-100
reported band
Headquarters
Belgrade, Serbia

Latest funding round on record: Jun 2026.

Two Desperados Funding Rounds

Date
Round
Amount
Undisclosed round
$20.0M

Two Desperados Founders and Leadership Team

Name
Role
Contact
Vojislav Milutinovic
Founder

No contact details are on record for this team yet.

Two Desperados Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round

Two Desperados' latest round of $20.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Two Desperados Funding FAQs

What does Two Desperados do?

For Two Desperados, the year 2021 marks the second decade of existence and the launch of their third game – MuffinVille. Player-centric, led by innovation and focused on technology, this studio explores the usage of artificial intelligence in the gaming industry. Innovation lies within the team and their knowledge is what powers the change and enables Two Desperados to present different approaches to the gaming scene. Well known for creating #1 marble shooter games – Woka Woka and Viola’s Quest – they’ve hit the number of 30 million players worldwide. Two Desperados was founded in 2010 and headquartered in Belgrade, Serbia.

How much funding has Two Desperados raised?

Two Desperados has raised $20.0M across 1 round on record. The most recent is an undisclosed round of $20.0M announced in Jun 2026.

When did Two Desperados last raise funding?

Two Desperados' most recent funding round on record is an undisclosed round of $20.0M, announced in Jun 2026.

Who founded Two Desperados?

FundedIQ lists Vojislav Milutinovic (Founder) at Two Desperados.

Where is Two Desperados headquartered?

Two Desperados is based in Belgrade, Vojvodina, Serbia.

How many employees does Two Desperados have?

Two Desperados is in the 51-100 employee band.

How does Two Desperados' funding compare to other Artificial Intelligence startups?

Two Desperados' latest round of $20.0M is above the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.

About FundedIQ's Two Desperados 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 Two Desperados is left off this page rather than filled in.

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