Unfold.vc with another investment in Pixel Perfect Dude

18.05.2022

Dariusz Pietrala, prezes Pixel Perfect Dude

Polish game developer has just received 0.9 million PLN from investors. In addition to the listed Unfold.vc, two business angels have put up funds for the development of the startup. The company will use the new funding to develop and improve its flagship games "Ski Jump" and "#DRIVE", as well as work on a new production from the premium segment.

Pixel Perfect Dude is a Polish studio creating games currently available on most of the most popular platforms. The company has award-winning titles in its portfolio: “#DRIVE” with the number of downloads reaching 11 million, as well as the popular “Ski Jump”, which won the hearts of players – already in early 2014 it was the most downloaded Polish game. The jump simulator also lived to see a version for VR technology.

Unfold.vc saw the potential of the gaming industry and the growing popularity of multi-platform games a few years ago, and first invested in Pixel Perfect Dude in 2020. With the latest recapitalisation, the total investment from Unfold.vc has reached 1.3m zł.

When we first invested in Pixel Perfect Dude, it was a one-man company with two mobile titles with a few million downloads. At the time, we had some goals to grow the team, accelerate the pace of development and expand the product offering to new platforms. Our next investment is a consequence of achieving these goals. -Rafał Sobczak, managing partner at Unfold.vc.

Over the past year, thanks in part to the introduction of effective user support tools, Pixel Perfect Dude has seen its active contributors quadruple. Now the company is set to gain even more momentum. It plans to spend the funds it has just raised on improving and updating its two flagship games to attract the next generation of players. It has also announced the launch of a brand new title in the premium segment with the potential for multi-million dollar profits. By developing products in new areas, including economics and meta-design, Pixel Perfect Dude ultimately wants to diversify its portfolio. To this end, the team has been strengthened with further experienced developers and designers.

We are delighted that investors have trusted us once again. This proves that over the last year we've managed to do more than we originally planned, and that we've worked out a workflow for the coming months with an enlarged team. We want to build a larger number of independent teams producing multiplatform games with long-term support and providing new content. We are currently focusing on implementing new free-2-play mechanisms and redesigning the economy in #DRIVE. -Dariusz Pietrala, CEO of Pixel Perfect Dude

Global scaling and further successes on the account

The potential of the Polish game studio has been recognised in the industry. Pixel Perfect Dude has numerous awards to its credit, these include Google Play Best Indie Game 2019, Mobile Trends Awards 2019 Best Game or MTA 2019 Best Polish Game for #DRIVE, debuting in 2021 also on the Nintendo Switch console. Also last year, the game was recognised by Apple in its “Ones To Watch” campaign. The Polish proposal topped the lists of racing games in as many as 86 countries. As the creators emphasize, #DRIVE is regularly updated and developed, with a significant contribution from the community built since the game’s launch.

According to industry analysis, the gaming sector is valued at $173.7 billion and is expected to reach $314.4 billion by the end of 2026, registering a CAGR of 9.6 percent
by 2026.