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- Seasun Games
Seasun Games Valuation, Funding & Investors
Seasun Games is valued at $1.4B as of April 2017.
Last Seasun Games valuation
$1.4B
Strategic investment · Apr 2017
Last Seasun Games funding round
$143M
Strategic investment · Apr 2017
Cumulative funding Seasun Games raised
$143M
across 1 funding round
Key investors in Seasun Games
Seasun Games Overview
About Seasun Games
Seasun Games is a Wuxi, China-headquartered game developer with over 20 years of experience since 2003, producing titles for PC, mobile, and consoles. Known for MMORPGs like 'Swordman' and 'Zero,' it operates studios in multiple cities and publishes internationally through partnerships.
Founded
1995
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Valuation
$1.4B (Apr 2017)
Sectors
Seasun Games Valuation
Seasun Games is currently valued at $1.4B, based on its strategic investment round in April 2017.
The $143M round was led by Tencent.
Seasun Games valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2017 | Strategic investment | $1.4B |
Seasun Games Funding History
Seasun Games has raised a total of $143M across 1 funding round.
Seasun Games funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2017 | Strategic investment | Tencent (lead) | $143M | $1.4B | Seasun Games, a Chinese mobile and PC game developer founded in 1995 as China's first computer gaming studio, was the subject of a strategic investment by Tencent in April 2017. Tencent, through its subsidiary Image Frame Investment, acquired a 9.9% stake in Seasun for approximately $142 million, split into $62.2 million for a 4.3% stake from parent company Kingsoft Entertainment and $80 million for a 5.6% stake from other shareholders including WestGame Holdings, United Websoft, and Xiaomi Ventures. This transaction positioned Tencent as a key strategic investor to enhance cooperation in game development and distribution. Seasun, part of the $19 billion Kingsoft Group, is known for titles like Brave Cross, GO Titans, Ships of Fury, Ships of Glory, and Relic of Gods, which won an E3 Best Mobile Game award in 2015. The company had previously collaborated with Tencent on the MMO JX Online. A Hong Kong Stock Exchange filing by Kingsoft noted Seasun's established business relationship with Tencent and highlighted the book value of Seasun Group's net assets at CNY836 million ($121 million) as of December 31, 2016. The deal aimed to leverage complementary strengths, with Seasun benefiting from Tencent's resources to expand its user base and market share in China, where Tencent dominates the gaming market. The investment was described as strengthening ties rather than a full funding round. |
Who has invested in Seasun Games?
1 investor has backed Seasun Games across its funding rounds, including Tencent.
Lead investors include Tencent.
Seasun Games Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Seasun Games investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialSeasun Games Competitors
Seasun Games competitors include listed companies like PearlAbyss, Shift Up, Hangzhou Shunwang Tech and Modern Times Group, and private ones like 1047 Games and Gala Games.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.5B | - | ||
| Publicly listed | $266M | $6M | $1.5B | 2.3x | ||
| Publicly listed | $214M | $166M | $1.3B | 5.4x | ||
| Publicly listed | $260M | $80M | $1.6B | 6.8x | ||
| Publicly listed | $1.2B | $210M | $1.6B | 1.6x |
Seasun Games Public Comps
Seasun Games is still privately-owned, but its public comps include PearlAbyss, Shift Up, Hangzhou Shunwang Tech, NHN Entertainment, Modern Times Group, Paradox Interactive, Xun You Network, Embracer Group, Alpha and Ubisoft.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $266M | $6M | 3.9x | 2.3x | 187.1x | 5.4x | |||
| $214M | $166M | 4.3x | 5.4x | 5.5x | 9.5x | |||
| $260M | $80M | 5.7x | 6.8x | 18.6x | 20.0x | |||
| $1.8B | $176M | 0.6x | 0.6x | 6.5x | 5.4x | |||
| $1.2B | $210M | 1.7x | 1.6x | 9.4x | 6.7x | |||
| $224M | $99M | 7.1x | 6.9x | 16.1x | 11.3x | |||
| $43M | $4M | 21.0x | - | 214.7x | - | |||
| $1.6B | $414M | 1.0x | 0.9x | 3.8x | 3.9x | |||
This data is available for Pro users. Sign up to see all Seasun Games competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Seasun Games
| When was Seasun Games founded? | Seasun Games was founded in 1995. |
| Where is Seasun Games headquartered? | Seasun Games is headquartered in Zhuhai, China. |
| Is Seasun Games publicly listed? | No, Seasun Games is a private, VC-backed company. |
| What is Seasun Games' valuation? | Seasun Games was last valued at $1.4B in its strategic investment round in April 2017. |
| How much funding has Seasun Games raised? | Seasun Games has raised $143M across 1 funding round. |
| What was Seasun Games' last funding round? | Seasun Games' last funding round was a $143M strategic investment round in April 2017, led by Tencent. |
| Who are Seasun Games' investors? | Seasun Games' investors include Tencent. |
| Which companies are comparable to Seasun Games? | Companies comparable to Seasun Games include 1047 Games, Gala Games, PearlAbyss, Shift Up, Hangzhou Shunwang Tech and Modern Times Group. |
See companies similar to Seasun Games
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