Sharkmob AB

Sharkmob AB is a Swedish game development studio dedicated to creating immersive gaming experiences, including tactical shooters that engage players through dynamic environments and customizable gameplay features. Founded in 2017 in Sweden, Sharkmob AB is a game development studio that specializes in creating innovative multiplayer gaming experiences. The company was fully acquired by Tencent Investment in May 2019, allowing it to concentrate on its unannounced online game and various new projects. The CEO, Fredrik Rundqvist, leads the firm, which has its headquarters in Malmö, Sweden.

Sharkmob focuses on developing immersive gaming experiences, with its flagship product being Exoborne, an open-world tactical extraction shooter. Players navigate a dynamic environment where they can customize exo-rigs to enhance gameplay, engaging in high-stakes sessions against others while adapting to changing weather conditions. The development team comprises experienced developers and new talents, targeting a global audience across North America, Europe, and Asia, utilizing cutting-edge technology like motion capture and photogrammetry for realistic gaming assets. In 2023, Sharkmob reported a revenue of USD 72.

42 mn with an EBITDA of USD 7. 51 mn. Revenue is generated primarily through direct-to-consumer sales of Exoborne, with additional income from downloadable content (DLC) and potential partnerships with digital distribution platforms, ensuring broader market reach. Following its acquisition by Tencent Investment, Sharkmob AB plans to use the acquired resources to enhance the development of its unannounced online game and other projects.

The company aims to expand into new markets, although specific regions and timelines have not been disclosed. Recent funding will support these initiatives, facilitating the studio's focus on innovative gameplay and engaging content.