Swedish game developer Dead Astronauts has raised €4 million in their first seed funding round led by Behold Ventures.
Founded in 2024 by Tobias Nyman, Erik Morin, Robert Moschos, and Thomas Tedemalm, industry veterans from Massive Entertainment, Ubisoft, and Epic Games, Dead Astronauts is now expanding beyond its core team of four, by bringing together top-tier talent from both AAA and indie studios to fuel their development ambitions.
Seed round lead investor, Behold Ventures, is joined by co-investors Lifelike Capital, 1Up Ventures, Acequia Capital, and prominent angel investors Are Mack Growen, Matt Bilbey, Klaas Kersting, Asbjoern Malte Soendergaard, and Kristian Segerstråle.
We are delighted to back such an ambitious team and look forward to seeing them bring their groundbreaking vision to life. At Behold Ventures, we are passionate about supporting visionary founders who are shaping the future of interactive entertainment. Investing in a new game studio is more than just funding—it’s about empowering creative talent to push boundaries.
Karl Magnus Troedsson, Managing Partner at Behold Ventures.
Dead Astronauts’ game
Dead Astronauts is developing an open world action-adventure game codenamed VEIL. Built in Unreal Engine 5, VEIL harnesses advanced procedural content generation and custom tools to craft a mysterious world inspired by the vast Nordic wilderness, and the unexplored cosmos.
“We are thrilled to have successfully completed our seed round and to bring our vision for Dead Astronauts to life as a next-generation game studio, with Behold Ventures leading the way.
While today’s market presents unique challenges, we see immense opportunities to reinvent open worlds and push game-changing technology. We’re incredibly grateful to have investors who believe in our vision and are excited to support bold new player experiences.”
Co-founders Erik Morin and Tobias Nyman
