The producer of computer games Solid Clouds plans to debut on the First North exchange, which is a division of Nordic. First North is dedicated to smaller companies in Europe and is based in Stockholm.
The first information about it, but Solid Clouds plans to hold a general meeting on Friday to officially give the board permission to continue the public offering, came from Morgunblaðið.
Solid Clouds’ revenue in 2019 was 86 million ISK, or approximately $ 690,000 at today’s exchange rate. About 75% of this was in the form of a grant.
Solid Clouds is the creator of the MMO space strategy game Starborne, which is currently in beta. Wikipedia describes the game as “set in a futuristic science fiction setting with a script derived from the space opera genre.”
In recent years, Iceland has developed a thriving computer game industry. In 2009, ten game developers came together to found a new organization IGI – Icelandic Game Industry, which today consists of fifteen companies.
Among the notable successes is the MMORPG EVE Online, first released in 2003 and produced by CCP games, which was purchased by South Korean video game publisher Pearl Abyss in 2018 for $ 425 million. In 2013, the now defunct game developer Plain Vanilla Games released the hit mobile trivia app, QuizUp, attracting over 20 million players and $ 26 million in venture funding.