Luau AB

Luau AB is a Swedish game development company focused on creating engaging and innovative gaming experiences through advanced technology and design. Founded in 2018 in Malmo, Sweden, Luau AB specializes in game development. The company raised SEK 35 million in its most recent funding round in May 2019, with Supercell as an investor. CEO and founder Stephane Stamboulis has also played a role in the company's strategic direction, overseeing its growth and product development.

Luau AB develops immersive gaming solutions, emphasizing cutting-edge technology to enhance user experience. Their product offerings include mobile and online games designed to entertain and engage players, with a focus on innovative gameplay mechanics and high-quality graphics. Their games have been well-received in various markets, particularly in Europe and North America, attracting a diverse player base. In 2021, Luau AB reported a revenue of SEK 1,269.

3 mn. The company's revenue is primarily generated through game sales and in-app purchases, utilizing a model that enables users to access a variety of gaming experiences while supporting ongoing development and updates. Luau AB plans to expand its portfolio with new game titles scheduled for release in the upcoming year. The company is targeting the Asian gaming market for expansion, aiming to establish a significant presence by 2024.

The recently secured funding of SEK 35 million will be allocated towards developing new games and enhancing marketing efforts to penetrate these new markets.