Mercury Steam Entertainment

What Mercury Steam Entertainment does

Mercury Steam Entertainment, S.L. is a Spanish video game development studio founded in 2002 and headquartered in San Sebastian de los Reyes, Madrid. The studio builds action-adventure and horror games for PC (via Valve's Steam storefront) and Nintendo platforms (Switch, 3DS eShop), combining a one-time license revenue model with a single free-to-play live-service title (Spacelords). Its product portfolio is split between original intellectual property — Blades of Fire, Spacelords, Scrapland — and licensed adaptations of high-profile third-party franchises, including the Castlevania Lords of Shadow series (Konami), Metroid Dread and Metroid Samus Returns (Nintendo), and Clive Barker's Jericho.

The studio's go-to-market depends on a small set of platform holders and IP licensors. Nintendo and Valve provide distribution and storefront visibility, while Konami and Nintendo also supply the licensed properties on which several flagship titles are built. Mercury Steam is privately held, has 11–50 employees, and received a disclosed investment from Nordisk Games in December 2020; no further outside investors, acquisitions, or public-offering activity are recorded. Marketing is centered on the company's website and platform storefront pages, with email outreach via Mailchimp and Google Analytics for site measurement.

No proprietary technology stack, AI/ML capabilities, patents, certifications beyond GDPR/LOPD-GDD/LSSI-CE privacy compliance, or published financial figures are disclosed. The studio's competitive position is grounded in two decades of craft delivery on demanding licensed franchises and the reputational trust that comes with that track record.

Name

Mercury Steam Entertainment

Legal name

MERCURY STEAM ENTERTAINMENT, S.L.

Website

https://mercurysteam.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Mercury Steam Entertainment is a Spanish video game development studio founded in 2002 that develops action-adventure and horror games for PC and Nintendo platforms, combining original IPs with licensed adaptations of franchises such as Castlevania and Metroid.

Ownership category

akta.pro rank

Product category

Video Game Development

akta.pro primary industry

AAA & Premium Game Studios (PC/Console) (MPAFAAAA)

Keywords

• Video game development
• Action-adventure games
• Console game development
• PC game publishing
• Licensed game adaptations

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Video Game Sales: Mercury Steam generates revenue through the sale of video games across multiple platforms including PC (Steam), Nintendo Switch, and Nintendo 3DS. Revenue is realized as one-time purchase transactions for full game titles, with no subscription or recurring revenue component mentioned.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Mercury Steam Entertainment is a Spanish video game development studio that develops and publishes interactive entertainment titles across PC (Steam) and Nintendo platforms (Switch, 3DS). The studio produces both original intellectual properties such as Blades of Fire, Spacelords, and Scrapland, and licensed adaptations including Metroid Dread and Metroid Samus Returns for Nintendo and the Castlevania Lords of Shadow series for Konami. Games are sold to end consumers as one-time digital purchases through platform holder storefronts.

Product overview

Mercury Steam Entertainment is a video game development studio that develops and publishes a portfolio of games spanning multiple franchises and platforms. The company's product portfolio includes original titles such as Blades of Fire and Spacelords, collaborations with major publishers including Nintendo (Metroid Dread, Metroid Samus Returns) and Konami (Castlevania Lord of Shadow series), as well as titles based on third-party intellectual property such as Clive Barker's Jericho and Scrapland. The company operates as a game development studio with a focus on action-adventure and horror genres.

Differentiator

Problem solved

Functional benefit

Brands

• Blades of Fire: Video game title developed by MercurySteam.
• Spacelords

Products and services

• Blades of Fire A video game developed by Mercury Steam Entertainment, featured on the company's homepage with a dedicated product page at bladesoffire.com, targeting consumers seeking action-adventure interactive entertainment.
• Metroid Dread A Nintendo Switch game developed in collaboration with Nintendo, serving as a sequel in the Metroid franchise, sold to consumers through the Nintendo eShop.
• Spacelords A free-to-play multiplayer shooter video game developed and self-published by Mercury Steam Entertainment, distributed with its own dedicated website.
• Metroid Samus Returns A Nintendo 3DS game developed in collaboration with Nintendo, serving as a remake of Metroid II: Return of Samus, sold to consumers through the Nintendo eShop.
• Castlevania Lords of Shadow 2 A video game developed in collaboration with Konami, the second installment in the Castlevania Lords of Shadow series, distributed through Steam.
• Castlevania Lords of Shadow - Mirror of Fate HD An HD remaster of the Castlevania title developed in collaboration with Konami, distributed through Steam.
• Castlevania Lords of Shadow Ultimate Edition The original Castlevania Lords of Shadow game developed in collaboration with Konami, released as an Ultimate Edition on Steam.
• Clive Barker's Jericho A video game based on the horror franchise created by Clive Barker, developed by Mercury Steam Entertainment.
• Scrapland Remastered A remastered edition of the Scrapland game by Mercury Steam Entertainment, released on Steam.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• NintendocoreChannel Partner/ Reseller/ DistributorMercury Steam has developed multiple titles for Nintendo platforms including Metroid Dread for Nintendo Switch and Metroid Samus Returns for Nintendo 3DS. Nintendo serves as the platform holder and distribution channel for these titles.
• Valve CorporationcoreChannel Partner/ Reseller/ DistributorMercury Steam publishes multiple titles on Steam including the Castlevania Lords of Shadow series, Clive Barker's Jericho, and Scrapland. Valve provides the Steam platform for PC game distribution.
• KonamiflagshipStrategic or Co-development PartnerMercury Steam developed the Castlevania Lords of Shadow series (including Lords of Shadow, Lords of Shadow 2, and Mirror of Fate HD) for Konami, a major licensed adaptation of Konami's iconic Castlevania franchise.

Recent moves5 records

Expansion highlights4 records

Direct peers

• Tequila Works: Madrid-based Spanish game developer of similar size that produced action-adventure titles such as Rime and The Sexy Brutale. Highly comparable on geography, scale, and genre focus.
• Sumo Digital: UK-based co-development and original-IP studio of similar tier that has worked on licensed franchises as well as own IP. Recently acquired by Tencent, its model of co-development work for hire is closely analogous to Mercury Steam's Nintendo/Konami assignments.
• Housemarque: Finnish premium console developer owned by Sony, known for action shooters like Returnal and Resogun. Comparable as a premium console-focused studio of similar size with strong platform-holder relationships.
• Tango Gameworks: Japanese studio known for horror/action franchises (The Evil Within, Hi-Fi Rush) and similar in scale to Mercury Steam. Comparable for premium horror genre focus and platform-holder-aligned work.
• Platinum Games: Japanese premium action developer behind Bayonetta and NieR: Automata. Comparable on premium action genre specialization and mid-sized studio profile, though somewhat larger in headcount.
• Arkane Studios: French studio behind Dishonored and Deathloop, now part of ZeniMax/Bethesda. Directly comparable as a premium action/immersive sim studio with strong publisher relationships and similar genre focus.
• Asobo Studio: French developer of A Plague Tale and the Microsoft Flight Simulator reboot. Comparable on size, premium PC/console development focus, and European mid-sized studio positioning.
• Playground Games: UK-based premium developer of Forza Horizon and Fable, owned by Xbox Game Studios. Comparable as a premium console/PC developer with a major platform-holder anchor relationship.
• Pendulo Studios: Madrid-based Spanish adventure game developer. Comparable on geography (Spanish capital), scale, and focus on narrative-driven adventure games.
• Retro Studios: Texas-based Nintendo-owned studio that has co-developed Metroid Prime entries. Highly comparable as the other development studio with deep Metroid franchise expertise, working in the same genre and platform ecosystem.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/mercurysteam
• LinkedInlinkedin.com/company/mercurysteam

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mercury Steam Entertainment