Lince Works S.L.

Lince Works S. L. is an interactive entertainment development company that creates engaging stealth-based video games, including the Aragami series, focusing on unique gameplay mechanics and immersive narrative experiences. Lince Works S.

L. , founded in 2014, is based in Barcelona, Spain. The company specializes in developing stealth games, with no significant pivots in its business strategy noted. The founders, Eduard Cot and Álvaro Muñoz, brought their expertise to the gaming industry, having previously been involved in other ventures.

Lince Works raised USD 3. 4 mn in March 2020, led by Game Seer Venture Partners, with participation from Acció, marking a total amount raised of USD 3. 4 mn from this single funding round. Lince Works specializes in the development of interactive entertainment through their flagship products, the Aragami series, which includes the original Aragami, its sequel Aragami 2, and the expansion Aragami: Nightfall.

These third-person stealth games allow players to embody an undead assassin with unique shadow manipulation abilities, enhancing gameplay experiences that emphasize stealth mechanics and strategy. The games target a diverse audience, including both casual gamers and those who appreciate stealth mechanics and ninja lore, and are released on multiple platforms, including Steam, PlayStation, Xbox, and Nintendo Switch, reaching players across North America, Europe, and Asia. In 2020, Lince Works generated revenue of USD 1,794,934. 50, with an EBITDA of USD 583,687.

40. The company primarily earns revenue through direct sales of its games, which are offered as premium products. This approach enables Lince Works to maintain control over pricing strategies and customer engagement. Additionally, they may explore merchandise partnerships, leveraging brand loyalty to enhance revenue beyond digital sales.

Lince Works plans to leverage the recent funding of USD 3. 4 mn raised in March 2020 to support the development of new game titles and enhance their market presence. The company aims to introduce new products within the next year, expanding into additional geographical markets, particularly targeting North America and Asia for future releases. The funding will facilitate these initiatives, ensuring Lince Works can develop and market new games effectively.