Envar Entertainment

What Envar Entertainment does

Envar Entertainment, operating as Envar Studios, is a Stockholm-headquartered creative development and outsourcing studio that serves the global video game industry. Founded in 2020 by Atey Ghailan after a seven-year tenure as an artist at Riot Games, the company operates a B2B art outsourcing arm providing concept art, illustration, 3D character and environment modeling, animation, tech art, cinematic, and VFX production to AAA game studios, alongside an internal game development division working on its first proprietary IP, the open-world fantasy co-op title Witchspire (scheduled for Early Access in 2026), and a Publishing division that accepts external game pitches for publication through the studio.

The studio's technical footprint spans conventional game art pipelines and an internally developed Witchspire Game Engine that powers creature befriending, sanctuary building, and co-op mechanics. Production teams operate across Sweden, the United States, Germany, the United Kingdom, Brazil, Spain, France, South Korea, Canada, and the Netherlands, supporting a headcount of 170-190+ as of 2025 — up from a single founder at inception. The company has documented delivery on the world's largest gaming franchises, including League of Legends, Valorant, Wildrift, Riftbound, Overwatch 2, and Fortnite, working directly with Riot Games, Blizzard Entertainment, Epic Games, Netflix/Night School, Airship Syndicate, and Theorycraft.

Envar became a publicly traded company via a Nasdaq listing in 2024 (described by the company as the best IPO in Sweden that year), with proceeds directed in part toward funding Witchspire. Revenue is generated primarily through project-based, professional-services contracts for outsourced art production, with a future revenue stream planned through game sales and publishing. The company's stated go-to-market combines direct enterprise sales to gaming publishers, active participation in industry events such as GDC and MIGS, and a portfolio-driven marketing approach via LinkedIn, Instagram, X, and YouTube.

Name

Envar Entertainment

Legal name

Envar

Website

https://envarstudio.com

Company type

Public

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Game Art Outsourcing

NAICS

Software Publishers (5132)

SIC

Services-Mailing, Reproduction, Commercial Art & Photography (7330)

akta.pro primary industry

Outsourcing Studios (Art/Animation/Audio/Engineering Support) (MPAFAAAN)

akta.pro secondary industry

Narrative/Adventure & RPG Game Studios (MPAFAAAL)

Keywords

• Game art outsourcing
• Game development
• Visual effects production
• Concept art services
• Game publishing

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Art Outsourcing Services: B2B outsourcing services providing game art (concept art, illustration, 3D character/environment, animation, VFX, tech art, cinematic) to major game studios and publishers.
2. Proprietary Game Development & Publishing: Internal game development with planned Early Access launch for Witchspire in 2026. Generates revenue through game sales and publishing.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Envar Entertainment is a creative development and game art outsourcing studio providing 2D and 3D art production services — including concept art, illustration, 3D character and environment modeling, animation, tech art, cinematic, and VFX — to AAA game studios and publishers worldwide. In parallel, the studio develops its own proprietary IP, the open-world fantasy adventure game Witchspire, and runs a Publishing arm that enables external developers to publish games through Envar.

Product overview

Envar is a creative development and outsourcing studio offering game art production services alongside proprietary game development. The studio operates across two business segments: an outsourcing arm providing 2D and 3D art services (concept art, illustration, 3D character, 3D environment, animation, tech art, cinematic, and VFX) to global gaming studios, and an internal game studio developing its own IP. The company's flagship proprietary title is Witchspire, an open-world fantasy adventure game. Envar also operates a Publishing division enabling external developers to pitch and publish games through the studio.

Differentiator

Problem solved

Functional benefit

Brands

• Witchspire: The ultimate open-world fantasy adventure game - Envar's first proprietary title featuring co-op gameplay where players befriend and battle creatures and conjure sanctuaries alongside other witches.
• Envar Games

Products and services

• Game Art Outsourcing Services Full-service B2B game art and animation outsourcing covering 2D and 3D production across concept art, illustration, character design, environment design, animation, tech art, cinematic, and VFX, delivered to AAA game studios and publishers worldwide.
• Witchspire

Quantifiable outcome

• Witchspire surpassed 100,000 wishlists
• +1 more outcomes

Named customers11 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Riot GamescoreStrategic or Co-development PartnerLong-term strategic partner for game art production across multiple Riot titles including Valorant, League of Legends, Wildrift, and Riftbound. Work spans concept art, illustration, animation, VFX, and key visuals. Multiple ongoing projects demonstrating deep collaborative relationship.
• Blizzard EntertainmentcoreStrategic or Co-development PartnerCollaborated on Overwatch 2 character/weapon skin concepts and Overwatch 2 Lifeweaver Origin Story 2.5D animation. Deep collaboration with Blizzard animation team on complex projects.
• Epic GamescoreStrategic or Co-development PartnerTrusted partner creating Fortnite concept designs for characters and accessories for multiple seasons. Work includes collaborations with major IPs and celebrities.
• Blizzard Entertainment (Survival Game)minorStrategic or Co-development PartnerCollaboration on unnamed Blizzard survival game project (release TBA).
• TheorycraftminorStrategic or Co-development PartnerWorked on Supervive key visuals, ability icons, and style explorations for the game.
• Genpop InteractiveminorStrategic or Co-development PartnerCollaborated on SlimeCore 3D character modeling and modular 3D assets for their new IP.
• Netflix & Night School StudiominorStrategic or Co-development Partner3D character modeling and modular 3D assets for unannounced Netflix/Night School project.
• PHX LabminorStrategic or Co-development PartnerWorked on Project Oni key art and concept art (project subsequently canceled).
• Airship SyndicateminorStrategic or Co-development PartnerCollaborated on Wayfinder concept art, illustrations, and key art.
• Mimunga LLCminorStrategic or Co-development PartnerFull collaboration on The Lost Glitches including official trailer animation, partnership video, card designs, UI and VFX work.
• WeirdCominorStrategic or Co-development PartnerIllustration work for Cyberpunk Trading Card Game.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Market position

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/EnvarStudio
• YouTubeyoutube.com/@EnvarStudio
• LinkedInlinkedin.com/company/envar-entertainment
• Instagraminstagram.com/envarstudio

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Envar Entertainment