Ovid Works
Ovid Works S.A. is a Warsaw-based independent video game studio that develops and self-publishes narrative-driven games for PC, consoles, and VR via Steam and Meta Quest, including Metamorphosis, Interkosmos 2000, and Nemesis: Distress.
- Company typePublic
- Founded2015
- HeadquartersWarszawa, Poland
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Ovid Works does
Ovid Works S.A. is an independent, Warsaw-headquartered video game studio (publicly listed on the Warsaw Stock Exchange NewConnect under ticker OVW) that develops and self-publishes narrative-driven games for PC, consoles, and VR. Founded in 2015 and operating with 11-50 employees, the studio's released catalog includes the VR space adventure Interkosmos (2017), the Kafka-inspired puzzle-platformer Metamorphosis (2020), its sequel Interkosmos 2000 (2022), the multiplayer survival title Nemesis: Distress (2022, Early Access, co-developed with Awaken Realms/Realms Distribution), and Everdream VR (2024, co-developed with Mooneaters for Meta Quest).
The studio builds on Unreal Engine and has developed proprietary narrative-engineering capabilities through three EU/NCBiR GameINN-funded research projects — LISE (1.28 million PLN, 2017-2018), BIRST (2.36 million PLN, 2018-2019), and NEMESIS (5.02 million PLN, 2020-2021) — spanning dual-layer narration, branching dialogue reactivity, and multiplayer traitor mechanics. Its go-to-market is direct-to-consumer digital distribution through Steam and the Meta Quest Store, supplemented by press coverage in outlets such as GameSpot and Game Informer and social-channel presence, with monetization coming from unit sales of small premium indie titles and paid co-development work for external studios such as Mooneaters and Awaken Realms.
The company is financially distressed: it reported negative equity of 119,000 PLN in Q3 2024, was placed on the NewConnect Alert segment on 30 December 2024, and management has shifted to recapitalization via a December 2024 Series E share issuance, a planned merger with Hyperbook S.A. (announced 21 November 2024), and a November 2025 spin-off transaction with Wrocław-based The Dust S.A.
Ovid Works firmographics
Firmographics- Name
- Ovid Works
- Legal name
- Ovid Works S.A.
- Website
- https://ovidworks.com
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ovid Works S.A. is a Warsaw-based independent video game studio that develops and self-publishes narrative-driven games for PC, consoles, and VR via Steam and Meta Quest, including Metamorphosis, Interkosmos 2000, and Nemesis: Distress.
- Ownership category
- akta.pro rank
Where Ovid Works is headquartered
LocationHeadquarters
- HQ city
- Warszawa
- HQ country
- Poland
- HQ region
- Europe
Offices1 record
Markets served
Ovid Works business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Distribution channels2 records
Marketing channels4 records
Ovid Works product offering
Product offeringCore offering
Ovid Works is an independent video game studio that develops and publishes story-rich, immersive video games for PC, consoles, and virtual reality platforms. The studio creates original IP titles such as Interkosmos, Metamorphosis, Interkosmos 2000, and Nemesis: Distress, blending literary-inspired narrative design with interactive gameplay. In addition to self-developed titles, the studio provides co-development services to other developers (e.g., Everdream VR for Meta Quest).
Product overview
Ovid Works is an independent video game studio creating story-rich, immersive games for PC, consoles, and VR platforms. The company's portfolio includes original IPs developed in-house (Interkosmos, Metamorphosis, Interkosmos 2000, Nemesis: Distress) as well as co-development partnerships (Everdream VR for Meta Quest). Games combine narrative storytelling with interactive gameplay, often featuring surreal, literary, or space exploration themes. The studio also provides co-development support services to other developers.
Differentiator
Problem solved
Functional benefit
Products and services
- Interkosmos A VR adventure game where players pilot a Soviet space capsule through a comedic Cold War-era space mission, managing systems and following instructions from NASA and Roskosmos.
- Metamorphosis A first-person puzzle platforming adventure based on Franz Kafka's novella, set in 1920s Prague surrealist landscapes where players control a bug navigating dangers and solving environmental puzzles.
- Interkosmos 2000 An expanded sequel to Interkosmos set on New Year's Eve 1999, where players manage a space capsule's systems and navigate through space agency conflicts, meteor fields, and the Millennium Bug crisis.
- Nemesis: Distress A multiplayer survival horror game featuring a 'traitor' mechanic where players must navigate a dark, atmospheric ship environment, plan missions, sneak, and survive alien threats.
- Everdream VR A VR adaptation of Mooneaters' farming adventure game Everdream Valley, specifically optimized and designed for Meta Quest devices.
Quantifiable outcome
- 92% positive reviews on Steam for Interkosmos
- +3 more outcomes
Companies that use Ovid Works
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Ovid Works technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Ovid Works partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Awaken Realms StudiocoreCollaboration for Nemesis: Distress, a multiplayer survival horror game. The board game 'Nemesis' by Awaken Realms (author Adam Kwapiński) is rated as the 35th best board game of all time and 9th best thematic board game on BGG.com. The video game adaptation uses the 'traitor' model developed through GameInn 3 research.
- Realms Distribution sp. z o.o.coreOvid Works S.A. and Realms Distribution sp. z o.o. are implementing the NEMESIS project under funding agreement POIR.01.02.00-00-0055/19. The project aims to create an innovative online gameplay model based on player cooperation with a 'traitor' concept, inspired by the Nemesis board game. The game is being developed using Unreal Engine with full multiplayer infrastructure.
- MooneatersminorCo-development partnership for Everdream Valley VR, adapting the original Everdream Valley farming game for Meta Quest VR devices with specific optimizations for VR hardware and mechanics.
Scale indicators7 records
Recent moves8 records
Expansion highlights5 records
Ovid Works competitors and assessment
Company assessmentRegional players
- Deck13 Interactive: German indie studio developing narrative-driven action RPGs (The Surge, Lords of the Fallen). Comparable as a European indie studio with similar narrative-mechanic focus, though larger and in a different geography.
- Flying Wild Hog: Polish game studio (Warsaw) developing action games (Shadow Warrior series). Comparable as a Warsaw-headquartered Polish studio, though positioned in a different genre (action vs. narrative adventure).
Direct peers
- Reikon Games: Polish indie studio known for Ruiner, a narrative cyberpunk action title. Comparable as a small Polish narrative-driven indie developer with similar headcount and premium indie positioning.
- Bloober Team: Polish game studio specializing in narrative-driven, atmospheric horror/adventure games (e.g., Layers of Fear, The Medium). Directly comparable as a Warsaw-area narrative-focused indie/AA studio targeting premium gaming audiences.
- SUPERHOT Team: Polish indie studio behind the SUPERHOT franchise, known for innovative mechanics and strong critical reception. Comparable as a Polish indie studio building distinctive IP with VR expansion (SUPERHOT VR).
- 11 bit studios: Polish game studio (Warsaw) known for narrative-driven strategy and adventure games (This War of Mine, Frostpunk). Comparable as a publicly listed Polish narrative game developer with similar indie-to-AA positioning.
- The Astronauts: Polish indie game studio founded by veterans of The Witcher and Painkiller, focused on narrative single-player titles (The Vanishing of Ethan Carter). Comparable as a small Warsaw-region narrative-driven indie studio.
- Moonlit Games: Polish indie game studio developing atmospheric narrative titles. Comparable as a small Polish narrative-focused indie developer with similar creative ambitions and team size.
- Acid Wizard Studio: Polish indie game studio known for narrative horror titles (Darkwood). Comparable as a small Polish narrative-focused indie developer operating with limited headcount and a similar product cadence.
- Draw Distance: Polish indie game studio (formerly iFun4all) listed on NewConnect, developing narrative/horror titles (Vampire: The Masquerade – Swansong). Directly comparable as a NewConnect-listed Polish narrative game developer.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Ovid Works social profiles
Digital presenceOvid Works financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ovid Works leadership team
Management profileNumber of profiles
Profiles1 record
Ovid Works funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ovid Works 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 Ovid Works
What does Ovid Works do?
Ovid Works is an independent video game studio that develops and publishes story-rich, immersive video games for PC, consoles, and virtual reality platforms. The studio creates original IP titles such as Interkosmos, Metamorphosis, Interkosmos 2000, and Nemesis: Distress, blending literary-inspired narrative design with interactive gameplay. In addition to self-developed titles, the studio provides co-development services to other developers (e.g., Everdream VR for Meta Quest).
Is Ovid Works a public or private company?
Ovid Works is a public company. It is classified as public and is currently operating.
When was Ovid Works founded?
Ovid Works was founded in 2015. It employs 11 to 50 people.
Where is Ovid Works based?
Ovid Works is headquartered in Warszawa, Poland, in the Europe region.
Who are Ovid Works's main competitors?
Regional players on record are Deck13 Interactive and Flying Wild Hog. Direct peers are Reikon Games, Bloober Team, SUPERHOT Team, 11 bit studios, The Astronauts, Moonlit Games, Acid Wizard Studio and Draw Distance.
Does Ovid Works have an API?
No public API is recorded for Ovid Works.