What Slipgate Ironworks does

Slipgate Ironworks is a privately held game development studio headquartered in Aalborg, Denmark, founded in 2010 under the name Interceptor Entertainment and rebranded to its current name in 2019. The studio operates with a headcount of 11-50 employees drawn from a globally distributed team of specialists, and has been a subsidiary of Saber Interactive (within Embracer Group) since 2021. Slipgate develops and publishes video games across multiple platforms, with its current product surface built primarily on Unreal Engine 5 and including more than 15 titles across genres such as real-time strategy, action, and first-person shooters. Its flagship 2025 releases are Tempest Rising, an RTS featuring a 22-mission single-player campaign and three playable factions (GDF, Tempest Dynasty, and The Veti, the last added in late 2025), and Phantom Fury, an action title released on PS5 and Xbox Series S/X.

The studio's core technology footprint is Unreal Engine 5, with proprietary refinements including high-performance RTS engine optimization that achieves locked 4K 120fps on RTX 5090 and Ryzen 7 9800X3D hardware. The portfolio spans Tempest Rising, Phantom Fury, Ion Fury, Ion Fury Aftershock, Graven, Wrath, Combustion, Warpaws, CoreDecay, Kingpin, Ghostrunner, Daymare, Ancestors Legacy, RadRodgers, and Bombshell. Distribution runs through Steam, PlayStation, and Xbox storefronts globally, supplemented by direct channels via slipgate-ironworks.com. Publishing for Tempest Rising is handled by 3D Realms, while other titles appear to be self-published.

Revenue is generated through one-time-license game sales to PC and console consumers, with go-to-market executed through direct-to-consumer channels (studio website, social media, press outreach) and channel partners (Steam, PlayStation, Xbox, and publishers such as 3D Realms). The studio serves horizontal consumer segments — PC and console gamers seeking action-packed experiences — with particular positioning around RTS players seeking modern homages to the Command & Conquer era, and faction-based strategy players interested in distinct unit mechanics and superweapons. Pricing per title is not publicly disclosed and varies by platform and region.

Name

Slipgate Ironworks

Legal name

Slipgate Ironworks

Website

https://slipgate-studios.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Slipgate Ironworks is a privately held Danish game development studio in Aalborg (founded 2010 as Interceptor Entertainment, renamed 2019) that builds action and RTS titles on Unreal Engine 5 for PC and console gamers, operating as a subsidiary of Saber Interactive (Embracer Group) since 2021.

Ownership category

akta.pro rank

Product category

Video Game Development

NAICS

Software Publishers (5132)

akta.pro primary industry

Strategy/4X/Management Game Studios (MPAFAAAK)

Keywords

• Video game development
• Real-time strategy games
• Action video games
• Unreal Engine 5 development
• PC and console games

Headquarters

HQ city

Aalborg

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Game Sales: Slipgate Ironworks generates revenue through development and sale of video games across PC and console platforms. The studio develops multiple action-packed games and releases them on platforms including Steam, PlayStation, and Xbox.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Slipgate Ironworks is a Danish game development studio that designs, develops, and ships action-packed video games across PC (Steam) and consoles (PS5, Xbox Series S/X). Its portfolio spans real-time strategy titles such as Tempest Rising (built on Unreal Engine 5 with a 22-mission campaign) and action titles such as Phantom Fury, alongside legacy titles including Ion Fury, Graven, Wrath, Combustion, Warpaws, CoreDecay, Kingpin, Ghostrunner, Daymare, Ancestors Legacy, RadRodgers, and Bombshell.

Product overview

Slipgate Ironworks is a Danish game development studio (founded 2010 as Interceptor Entertainment, renamed 2019) that develops and publishes multiple video game titles across various genres. The portfolio includes real-time strategy games like Tempest Rising (built on Unreal Engine 5), action games like Phantom Fury (available on PS5 and Xbox Series S/X), and various other titles including Ion Fury, Graven, Wrath, Combustion, Warpaws, CoreDecay, Kingpin, Ghostrunner, Daymare, AncestorsLegacy, RadRodgers, and Bombshell. The company operates as part of the Saber Interactive (Embracer) family since 2021.

Differentiator

Problem solved

Functional benefit

Products and services

• Tempest Rising A real-time strategy (RTS) game built on Unreal Engine 5 with multiple playable factions (GDF, Tempest Dynasty, The Veti), a 22-mission single-player campaign, and unique superweapons per faction. Developed by Slipgate Ironworks and published by 3D Realms for PC and console gamers who want a modern take on classic RTS gameplay.
• Phantom Fury Action-packed game released on PS5 and Xbox Series S/X (and previously on PC), targeting console and PC action-game fans.
• Ion Fury Aftershock Game in the Ion Fury franchise developed by Slipgate Ironworks.
• Ion Fury The original Ion Fury franchise title developed by Slipgate Ironworks.
• Graven Dark fantasy first-person video game developed by Slipgate Ironworks.
• Wrath Game developed by Slipgate Ironworks as part of its multi-title catalog.
• Combustion Game developed by Slipgate Ironworks as part of its multi-title catalog.
• Warpaws Game developed by Slipgate Ironworks as part of its multi-title catalog.
• CoreDecay Game developed by Slipgate Ironworks as part of its multi-title catalog.
• Kingpin Game developed by Slipgate Ironworks as part of its multi-title catalog.
• Ghostrunner Game developed by Slipgate Ironworks as part of its multi-title catalog.
• Daymare Game developed by Slipgate Ironworks as part of its multi-title catalog.
• Ancestors Legacy Game developed by Slipgate Ironworks as part of its multi-title catalog.
• RadRodgers Game developed by Slipgate Ironworks as part of its multi-title catalog.
• Bombshell Game developed by Slipgate Ironworks as part of its multi-title catalog.

Quantifiable outcome

• Locked 4K 120fps performance on RTX 5090 and Ryzen 7 9800X3D
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• 3D RealmscoreChannel Partner/ Reseller/ Distributor3D Realms serves as the publisher for Tempest Rising, the real-time strategy game developed by Slipgate Ironworks. 3D Realms handles publishing responsibilities for the game built on Unreal Engine 5.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Petroglyph Games: Veteran mid-sized RTS studio that delivered Command & Conquer Remastered and developed Grey Goo and other strategy titles. Direct peer to Slipgate as a similarly-sized strategy-focused independent studio with publisher partnerships and a comparable action-strategy portfolio.
• Frost Giant Studios: RTS studio developing Stormgate, founded by veterans of Blizzard's StarCraft II team. Directly comparable to Slipgate on the modern-RTS genre bet, Unreal/equivalent engine execution, and the pursuit of a C&C/StarCraft-style audience.
• Eugen Systems: French independent studio behind the Wargame and Steel Division real-time tactics/strategy franchises. Directly comparable as a similarly-sized European independent strategy specialist publishing on PC and consoles.
• Stardock Entertainment: Independent studio behind Sins of a Sentry, Galactic Civilizations, and Star Control. Comparable as an independently owned strategy/simulation studio releasing both single-player and 4X-style PC titles.
• 3D Realms: Publisher and co-developer of classic and modern boomer-shooter/RTS titles, including Tempest Rising as Slipgate's publishing partner. Comparable as a similarly-sized independent publisher-developer hybrid working in retro-styled action and strategy genres.

Broad incumbents

• Relic Entertainment: Long-established RTS studio (Company of Heroes, Age of Empires IV) owned by Sega. Operates in the same RTS category as Slipgate but as a much larger, multi-franchise incumbent with deeper resources.
• Creative Assembly: Sega-owned studio famous for Total War and Alien Isolation. Comparable in strategy-game category but operates at much larger scale as an established incumbent.
• Digital Extremes: Veteran action-game developer behind Warframe, now under Tencent ownership. Comparable as a multi-game multi-genre studio with strong live and update cadence, but at much larger scale and with established live-service revenue.
• Wargaming: Global studio behind World of Tanks, World of Warships, and Total War: Arena. Comparable as a strategy-combat specialist, but operating at incumbent scale with established live-service RTS-style franchises.

Others

• 1C Entertainment: Publisher of Ancestors Legacy, one of Slipgate's developed titles. Comparable as an adjacent publishing and distribution counterpart operating in the strategy and action genres.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key highlights7 records

Customer concentration

• Xx.com/slipgateiron
• Facebookfacebook.com/slipgateironworks

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Slipgate Ironworks