Aonic funding news – Stockholm-based Aonic has Secured €152 Million Investment

Since starting in 2021, Aonic has expanded to 12 companies worldwide in game development, publishing, and related services. This includes Exmox, a fast-growing mobile user acquisition platform, OtherSide Entertainment, led by gaming legends like Warren Spector, and Megabit Publishing. OtherSide and Megabit recently announced their new game Thick As Thieves at The Game Awards.

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It also includes leaders in mobile game development (Red Games Co., TutoTOONS), mobile tech (Exmox, Gravite), and VR (nDreams).

Even though the gaming industry has faced challenges, it’s revenue grew by 73% over the past year. In 2024, the company’s revenue exceeded €150 million.

For its latest funding, it raised €100 million from Metric Capital Partners. The company’s main shareholder, Active Ownership, also added more capital by converting a €52 million loan into equity.

This investment will help it with mergers and acquisitions (M&A) and support its ongoing growth.

About Aonic

Aonic is a new gaming group designed to be the perfect place for small to medium-sized studios. Its goal is to bring together studios that share a similar vision, allowing each team to reach its full potential while keeping its own unique identity, creativity, and independence.