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

ChinaZhuhai

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$1.4B (Apr 2017)

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

Seasun Games valuation by funding round
DateStageValuation
Apr 2017Strategic investment$1.4B

Seasun Games Funding History

Seasun Games has raised a total of $143M across 1 funding round.

Seasun Games funding rounds

Seasun Games funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2017Strategic investmentTencent (lead)$143M$1.4BSeasun 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

Investors in Seasun Games by funding rounds participated
InvestorHQRoundsRoleFirst check

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Seasun 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.

Public and private companies comparable to Seasun Games
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
1047 GamesUnited StatesUnited StatesPrivate--$1.5B-
Gala GamesUnited StatesSalt Lake City, UTPrivate--$1.5B-
PearlAbyssSouth KoreaSouth KoreaPublicly listed$266M$6M$1.5B2.3x
Shift UpSouth KoreaSouth KoreaPublicly listed$214M$166M$1.3B5.4x
Hangzhou Shunwang TechChinaChinaPublicly listed$260M$80M$1.6B6.8x
Modern Times GroupSwedenSwedenPublicly listed$1.2B$210M$1.6B1.6x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
PearlAbyss$266M$6M3.9x2.3x187.1x5.4x
Shift Up$214M$166M4.3x5.4x5.5x9.5x
Hangzhou Shunwang Tech$260M$80M5.7x6.8x18.6x20.0x
NHN Entertainment$1.8B$176M0.6x0.6x6.5x5.4x
Modern Times Group$1.2B$210M1.7x1.6x9.4x6.7x
Paradox Interactive$224M$99M7.1x6.9x16.1x11.3x
Xun You Network$43M$4M21.0x-214.7x-
Embracer Group$1.6B$414M1.0x0.9x3.8x3.9x

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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.

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