Icelandic Developer Porcelain Fortress Raises $3M in Seed Funding

Porcelain fortress, the manufacturers of There is no time to relax, recently raised $3 million in seed funding.

For Gaming IndustryThe Iceland-based studio is funneling that money toward its next, currently unannounced project. The funding round was led by Behold Ventures, Crowberry Capital, and Brunnur.

Additionally, Porcelain has increased its workforce from four to 14 employees. One of those additions is Ingolfur Aevarssonwho came on board as CEO in March, after previously working as marketing director for 1939 Games.

In a press release, Aevarsson noted that the studio has received “invaluable support” from the Icelandic Technology Development Fund. “Without it,” he said, “our ideas would not have come to life.”

What will be the future of Porcelain Fortress?

Along with the funding news, Porcelain revealed No time to relax has “maintained a large following” since its launch in 2019. The multiplayer board game has sold 350,000 copies and had its best-selling month since its initial launch in July.

According to Aevarsson, the boom can be attributed to streamers. The game has amassed “tens of millions of views” online, and the team considers streamers a “key pillar that we're building on” for its second project.

He added No time to relax demonstrates that the team has a “proven track record of creating fun games that align with the exciting and fun moments to stream, which are so essential in today's game development to reach audiences.”

GamesIndustry says the studio's next title is expected to be revealed in the coming weeks.

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