Galaxy Grove secures $1 million in equity investment from ForsVC and 1Up Ventures to expand its team and develop new innovative management games.

Information on the Target

Galaxy Grove, located in Utrecht, Netherlands, is an emerging game development studio that specializes in high-quality 3D management and building games. Founded in 2022 by the acclaimed industry veteran Joost van Dongen, the studio has rapidly expanded its team from its initial inception to a current size of 17 employees. With recent equity investment amounting to $1 million from ForsVC and 1Up Ventures, Galaxy Grove aims to grow its workforce to 21 and further enhance its production capabilities.

The studio gained significant recognition with the release of its first game, Station to Station, in 2023, which received critical acclaim. Following this success, it launched its second game, Town to City, which quickly became a favorite on Steam, earning over 2,000 reviews within two weeks and maintaining a commendable 97% positive rating. Joost van Dongen envisions Galaxy Grove becoming a household name within the management games genre, planning to release diverse and innovative titles annually.

Industry Overview in the Netherlands

The gaming industry in the Netherlands has witnessed substantial growth in recent years, solidifying its place as a vital sector within the European gaming market. The country has become a prominent hub for game development, driven by a vibrant