When was Solfar Studios founded?

Solfar Studios was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Solfar Studios located?

Solfar Studios is headquartered in Reykjavik, Iceland.

Who is the current CEO of Solfar Studios?

Kjartan Emilsson of Solfar Studios.

How many employees does Solfar Studios have?

As of May 31, 2026, the latest employee count at Solfar Studios is 2.

Is Solfar Studios a funded company?

Solfar Studios is a funded company, having raised a total of $2.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 25, 2015.

When was the latest funding round of Solfar Studios?

Solfar Studios' latest funding was a $***** Seed round on Nov 10, 2015, with participation from 4 investors.

Where does Solfar Studios rank among its competitors?

Solfar Studios ranks 297th amongst 1690 active competitors, of which 141 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Epic Games, which secured $1.5B in Feb, 2024.

Who are the top competitors of Solfar Studios?

Solfar Studios' top competitors include Epic Games, CCP Games and Sega. Among them, Epic Games secured the most recent funding round in February, 2024.

Solfar Studios - 2026 Company Profile, Team, Funding & Competitors

Solfar Studios is a seed company based in Reykjavik (Iceland), founded in 2014 by Reynir Hardarson and Kjartan Emilsson. It operates as a VR game development studio based in Iceland. Solfar Studios has raised $2.7M in funding from investors like Shanda, Reaktor Ventures and New Business Venture Fund. The company has 1690 active competitors, including 141 funded and 174 that have exited. Its top competitors include companies like Epic Games, CCP Games and Sega.

Company Details

Solfar studios is a VR game development studio based in Iceland. The company has developed multiple VR games including "Godling" (puzzle exploration game for Playstation VR), "In Death" and "Everest VR" (Mount Everest experience for HTC Vive). The games are available on Oculus Store, Steam and PlayStation Store. It generates revenue through paid games.

Website: www.solfar.com/
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Key Metrics

Founded Year

2014

Location

Reykjavik, Iceland

Stage

Seed

Total Funding

$2.7M in 2 rounds

Latest Funding Round

Seed, Nov 10, 2015, $*****

Investors

Shanda & 5 more

Ranked

297^th among 1690 active competitors

Employee Count

2 as on May 31, 2026

Similar Companies

Epic Games & 1970 more

View Solfar Studios' full profile

Solfar Studios has raised a total funding of $2.7M over 2 rounds. Its first funding round was on Apr 25, 2015. Its latest funding round was a Seed round on Nov 10, 2015 for $*****. 4 investors participated in its latest round. Solfar Studios has 6 institutional investors.

Here is the list of recent funding rounds of Solfar Studios:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 10, 2015	4279101	Seed	7509252	5316678	8916511	9632859
Apr 25, 2015	8956529	Seed	9120721	5818682	2361994	Investa

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View details of Solfar Studios's funding rounds and investors

The founders of Solfar Studios are Reynir Hardarson and Kjartan Emilsson.

Here are the details of Solfar Studios' key team members:

Reynir Hardarson: Co-Founder of Solfar Studios.
Kjartan Emilsson: Co-Founder & CEO of Solfar Studios.

View details of Solfar Studios's Founder profiles and Board Members

Solfar Studios' employee count trend

Solfar Studios has 2 employees as of May 26. Here is Solfar Studios's employee count trend over the years:

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Top competitors of Solfar Studios include Epic Games, CCP Games and Sega. Here is the list of Top 10 competitors of Solfar Studios, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Epic Games 1991, Cary (United States), Series F	Digital distribution platform for desktop PC games	$8.13B	Sony, Fidelity Investments & 82 others	83/100
2nd	CCP Games 1997, Reykjavik (Iceland), Acquired	Developer of science fiction massively multiplayer online role-playing and strategy games	$106M	New Enterprise Associates, Andreessen Horowitz ... & 14 others	75/100
3rd	Sega 1940, Tokyo (Japan), Acquired	Video game software and hardware developer	-	-	69/100
4th	Electronic Arts 1982, Redwood City (United States), Acquired	Developer of interactive entertainment software, games, and online content	-	Glynn Capital, JANA Partners & 9 others	69/100
5th	Activision 1979, Santa Monica (United States), Funding Raised	Video game developer and publisher	-	Future Capital, Aspen Vista Capital	67/100
6th	Rockstar Games 1998, New York City (United States), Funding Raised	Video games publisher focusing on core games	-	-	67/100
7th	Konami 1969, Tokyo (Japan), Public	Provider of video game development, publishing, and entertainment services	-	Nexon	67/100
8th	Resolution Games 2015, Stockholm (Sweden), Series C	VR gaming development studio	$38.5M	Qualcomm Ventures, Google Ventures & 17 others	65/100
9th	IGG 2005, Singapore (Singapore), Public	Developer of mobile, web, and PC games across various genres	$4.5M	IDG Ventures, Hearst & 2 others	63/100
10th	Square Enix 1984, London (United Kingdom), Public	Video game developer focusing on core games	-	-	63/100
297th	Solfar Studios 2014, Reykjavik (Iceland), Seed	VR game development studio based in Iceland	$2.7M	Reaktor Ventures, Sisu & 4 others	34/100