Neon Giant
Neon Giant is a Swedish game development studio founded in 2018 that builds cyberpunk-themed video games using Unreal Engine 5, serving global PC and console gamers through digital storefronts with a ~24-person team under Krafton ownership.
- Company typePrivate
- Founded2018
- HeadquartersUppsala, Sweden
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Neon Giant does
Neon Giant is a Swedish game development studio founded in 2018, headquartered in Stockholm and operating with approximately 24 employees, that creates cyberpunk-themed video games under its own publishing and licensing relationships. The studio's core products are The Ascent, a top-down cyberpunk action RPG released in 2021, and No Law, a first-person open-world cyberpunk shooter RPG targeting PC, PlayStation 5, and Xbox Series X|S with an expected 2027 launch after roughly five years of development. No Law's technology stack is built on Unreal Engine 5, leveraging Nanite virtualized geometry for hand-crafted environment fidelity and the Mass framework to simulate over 3,000 NPCs with persistent states, alongside non-resettable physics and explorable interiors that create persistent world consequences for player actions. The business model is one-time game license sales across major digital storefronts (Steam, Epic Games Store) and console platforms (PlayStation 5, Xbox Series X|S), with no live-service, subscription, or microtransaction layer disclosed. Pricing is undetermined at launch. The studio was acquired by Krafton in 2025 but continues to operate independently with creative control retained by co-founders Tor Frick, Arcade Berg, and Erik Gloersen; Krafton serves as publisher.
Neon Giant firmographics
Firmographics- Name
- Neon Giant
- Legal name
- Neon Giant AB
- Website
- https://neongiant.se
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Neon Giant is a Swedish game development studio founded in 2018 that builds cyberpunk-themed video games using Unreal Engine 5, serving global PC and console gamers through digital storefronts with a ~24-person team under Krafton ownership.
- Ownership category
- akta.pro rank
Where Neon Giant is headquartered
LocationHeadquarters
- HQ city
- Uppsala
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Neon Giant business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Game Sales: One-time purchase of video game titles for PC and console platforms
Go-to-market motion2 records
Distribution channels4 records
Marketing channels3 records
Neon Giant product offering
Product offeringCore offering
Neon Giant is a Swedish game development studio that creates cyberpunk-themed video games for PC and consoles. The studio's core offerings are The Ascent, a cyberpunk action RPG released in 2021, and No Law, an upcoming first-person open-world cyberpunk shooter RPG. Development leverages Unreal Engine 5, including Nanite virtualized geometry and the Mass framework, to deliver dense hand-crafted environments and simulation of 3,000+ NPCs with persistent states from a small team of approximately two dozen people.
Product overview
Neon Giant is a Swedish game development studio that creates cyberpunk-themed video games. The company's core portfolio consists of two major titles: The Ascent (their established cyberpunk action RPG) and No Law (their upcoming first-person open-world cyberpunk shooter RPG). Development on No Law has spanned roughly half a decade, with the studio leveraging Unreal Engine 5 to enable a small team to create hand-crafted detailed environments and simulate thousands of NPCs simultaneously. The games emphasize player agency, reactive storytelling, and densely populated worlds over expansive scale.
Differentiator
Problem solved
Functional benefit
Products and services
- No Law A first-person open-world cyberpunk shooter RPG set in the decadent city of Port Desire, featuring over 3,000 NPCs with persistent states, explorable interiors, and non-resettable physics. Players follow ex-military veteran Grey Harker to reclaim what was stolen from him, with experience points, skill trees, multiple endings, and moral consequences driven by player choice. Targeted at PC and console gamers in the cyberpunk action RPG segment.
- The Ascent Neon Giant's debut cyberpunk-themed action RPG, a top-down twin-stick shooter RPG set in a cyberpunk city that established the studio's reputation in the genre. Targeted at PC and console gamers who enjoy cyberpunk-themed action RPGs with cooperative play potential.
Quantifiable outcome
- 3,000+ simultaneous NPCs with persistent states
Companies that use Neon Giant
Customer profileSegments2 records
Ideal customer profiles2 records
Neon Giant technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Neon Giant partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
Neon Giant competitors and assessment
Company assessmentDirect peers
- Arkane Studios: Developer of immersive sims and FPS-RPGs (Dishonored, Deathloop, Prey) with similar player-agency design philosophy and comparable team size to Neon Giant's small-studio approach.
- Playground Games: Developer of open-world games (Forza Horizon, Fable) with similar player-agency/RPG ambitions now working on a flagship title under Microsoft ownership.
- Obsidian Entertainment: RPG-focused developer (The Outer Worlds, Avowed, Pentiment) with deep narrative and branching-consequence systems that closely mirror No Law's reactive-world promise.
- Ninja Theory: Mid-sized action/immersive-sim developer (Hellblade, DmC) operating inside a larger publisher (Microsoft) — structurally similar to Neon Giant under Krafton's umbrella.
- Remedy Entertainment: Finnish developer of cinematic action games (Control, Alan Wake 2) with comparable small-team DNA and publisher-relationship model.
Emerging players
- Ember Lab: Small studio (Kena: Bridge of Spirits) with comparable size and premium indie positioning in action-adventure — relevant comparable for small-team AAA execution.
- WolfEye Studios: Veteran-led small studio (Weird West) building immersive sims — a structural comparable for small-team reactive-world design.
- Archetype Entertainment: Wizards of the Coast-owned studio developing a sci-fi RPG; a recent acquisition of a small AAA studio with similar publisher-backed structure.
Broad incumbents
- Larian Studios: Baldur's Gate 3 developer; a small-to-mid studio that achieved outsized commercial success with a single premium RPG, illustrating the upside path Neon Giant is pursuing.
- CD Projekt Red: Creator of Cyberpunk 2077 — the dominant incumbent in the cyberpunk open-world RPG niche against which No Law will directly compete.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Neon Giant social profiles
Digital presenceNeon Giant financial estimates
Financial estimateRevenue estimate
Valuation estimate
Neon Giant leadership team
Management profileNumber of profiles
Profiles3 records
Neon Giant funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Neon Giant M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Neon Giant
What does Neon Giant do?
Neon Giant is a Swedish game development studio that creates cyberpunk-themed video games for PC and consoles. The studio's core offerings are The Ascent, a cyberpunk action RPG released in 2021, and No Law, an upcoming first-person open-world cyberpunk shooter RPG. Development leverages Unreal Engine 5, including Nanite virtualized geometry and the Mass framework, to deliver dense hand-crafted environments and simulation of 3,000+ NPCs with persistent states from a small team of approximately two dozen people.
Is Neon Giant a public or private company?
Neon Giant is a private company. It is classified as corporate owned and is currently operating.
When was Neon Giant founded?
Neon Giant was founded in 2018. It employs 11 to 50 people.
Where is Neon Giant based?
Neon Giant is headquartered in Uppsala, Sweden, in the Europe region.
How does Neon Giant make money?
One revenue line is on record: game Sales.
Who are Neon Giant's main competitors?
Direct peers on record are Arkane Studios, Playground Games, Obsidian Entertainment, Ninja Theory and Remedy Entertainment. Emerging players are Ember Lab, WolfEye Studios and Archetype Entertainment. Broad incumbents are Larian Studios and CD Projekt Red.
Does Neon Giant have an API?
No public API is recorded for Neon Giant.