Erebor Capital

Investor type

VC

Founded

2022

AUM

-

Location

Krakow, Lesser Poland Voivodeship, Poland

Investment Ticket

$10-50 m

Investment Stage

Pre-seed Seed

Region of investment

Europe
Investor profile last updated: 21 August, 2026

Profile

Erebor Capital is purely Game Dev venture fund based in Poland. Focused on PC/consoles/handhelds premium games. Genre agnostic, investing on every stage of companies but mainly focused on pre seed to IPOs.

Currently in our portfolio we have 4 studios:
- Starward Industries, producing The Invincible game, a first-person Sci-Fi thriller set in a retro-future timeline. The game is based on Stanislaw Lem’s novel and produced by a team consisting of ex-Witcher and ex-Dying Light developers, which will be published by 11 bit studios in the beginning of 2023.
https://www.youtube.com/watch?v=Xmx0w-eAoTk&feature=youtu.be
https://store.steampowered.com/app/731040/The_Invincible/
- Plot Twist is working on a metroidvania game titled The Last Case of Benedict Fox, awarded with „Most Wanted Xbox Game” on Gamescom 2022. The studio has signed a deal with Microsoft, under which the game will be released as part of Game Pass. The company plans to go public next year.
https://www.youtube.com/watch?v=io5-UsjUGvU&ab_channel=Xbox
https://store.steampowered.com/app/2023360/The_Last_Case_of_Benedict_Fox/
- Event Horizon(secondary market purchase) is working on the Guns N' Sorcery game titled "Dark Envoy”. This is the studio's second game in this genre. Currently the company is looking for a publisher.
https://www.youtube.com/watch?v=6_rVi-ZwDV8&feature=youtu.be&ab_channel=TwinSailsInteractive
https://store.steampowered.com/app/945770/Dark_Envoy/
- Wooden Alien is working on a social crafting survival game, taking place in a cosmic prison under working title 'Space Prison'. The game will be released on an early access model. Currently the company is looking for a publisher.

Industry

Gaming Software

Erebor Capital Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
Arkenstone
Venture Capital (VC)
Gaming
Software
Pre-seed
Seed
Europe
$5-10 m
January 2022

Contacts

Name
Title
Email
avatar
Greg Banas Managing Partner
Managing Partner
g•••@•••
avatar
Kinga Waclawik Partner
Partner
k•••@•••
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Investment-team contacts for Erebor Capital — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about Erebor Capital

Erebor Capital is a venture capital firm. It backs companies at Pre-seed and Seed, writing tickets of $10-50 m.
Erebor Capital is located in Krakow, Lesser Poland Voivodeship, Poland.
Erebor Capital was founded in 2022.
Erebor Capital invests in companies and startups in Gaming, Software.
Erebor Capital invests in companies and startups in Europe.
Erebor Capital invests in companies and startups at Pre-seed, Seed.
Erebor Capital usually invests $10-50 m on average.
Erebor Capital last fund was created/launched in 2022-01-21
Erebor Capital can be reached through its website erebor.capital and its LinkedIn page. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Erebor Capital — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
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Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 21 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.