What FDG Entertainment does

FDG Entertainment GmbH & Co. KG is an independent game publisher and developer founded in September 2001 and headquartered in Munich, Germany. The company curates, co-develops, and distributes a catalog of more than 70 games spanning mobile (iOS, Android, Amazon), console (Nintendo Switch, PlayStation, Xbox), and PC (Steam, GoG, Epic Games Store) platforms, with reported cumulative downloads exceeding 500 million. Its titles include flagship franchises such as the Oceanhorn action-RPG series (with music by Nobuo Uematsu and Kenji Ito), Monster Boy and the Cursed Kingdom (a spiritual successor to Wonder Boy), the Banana Kong endless-runner franchise, Red Ball 4, and Cover Orange, alongside newer 2025 releases including Otherskin, Battlemons, Oceanhorn: Chronos Dungeon, and the announced Gombo survival-crafting title.

Operationally, FDG runs a lean 14-person team and acts as publisher for independent studios worldwide—including Pixel Licker, Cornfox & Bros., Game Atelier, Castle Pixel, Engine Software, and Yohoho Games—handling distribution, marketing, and platform relations while external developers retain creative ownership. Its technology stack centers on Unreal Engine for premium PC and console titles, with FMOD for audio, PopcornFX for particle effects, AMD FSR, Nvidia DLSS, and Intel XeSS for graphics upscaling, and ImGui for UI work.

The company monetizes through a mix of one-time premium game sales (ranging from $0.99 for legacy mobile titles to $39.99 for premium console releases such as Monster Boy), freemium mobile games with in-app purchases (Banana Kong 2, Red Ball Super Run), in-app advertising via third-party ad networks (Chartboost, Tapjoy, Vungle, InMobi, AdColony, Unity Ads, AppLovin, Heyzap), and publishing royalties from its developer partnerships. The company is privately funded, 100% independent, and managed by three Managing Partners: Philipp Döschl, Markus Görl, and Thomas Kern.

Name

FDG Entertainment

Legal name

FDG Entertainment GmbH & Co. KG

Website

https://fdg-entertainment.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

FDG Entertainment is an independent Munich-based game publisher (founded 2001) that co-develops and distributes 70+ titles across mobile, console, and PC for indie studios worldwide, monetizing through premium sales, freemium, advertising, and publishing royalties.

Ownership category

akta.pro rank

Product category

Game Publishing

NAICS

Software Publishers (5132), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Miscellaneous Publishing (2741)

akta.pro primary industry

Mobile & F2P Game Studios (MPAFAAAB)

akta.pro secondary industries

Digital Game Distribution Platforms & Storefronts (PC/Mobile/Console) (MPAFABAB), PC & Console Game Distribution Platforms (BPAMAKAA), Porting, Remastering & Platform Adaptation Services (PC/Console/Mobile/VR) (MPAFAKAN)

Keywords

• Mobile game publishing
• Indie game publisher
• Multi-platform games
• Digital game distribution
• Console game publishing

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Game Sales: Direct paid downloads of mobile and console games from app stores and gaming platforms. Games like Slayin ($0.99-$1.99), Slayin 2 ($11.99), Venture Kid ($10), Monster Boy ($39.99), Oceanhorn 2 ($29.99), Otherskin ($29.99), Oceanhorn: Chronos Dungeon ($8.99) are sold as one-time purchases.
2. In-App Purchases: Free-to-play games generate revenue through in-app purchases. Banana Kong 2, Red Ball Super Run, and others use freemium model with optional purchases for enhanced gameplay, customization items, and power-ups.
3. In-App Advertising: Free mobile games may include advertising as a revenue stream, with the company using third-party ad networks including Chartboost, Tapjoy, Vungle, InMobi, AdColony, Unity Ads, AppLovin, and Heyzap.
4. Publishing Royalties: FDG Entertainment acts as publisher for independent developers, handling distribution across multiple platforms while developers retain creative ownership. Games like Monster Boy (Game Atelier), Oceanhorn series (Cornfox & Bros.), and others are published under this model.

Pricing tiers

Go-to-market motion1 record

Distribution channels9 records

Marketing channels3 records

Core offering

FDG Entertainment is an independent game publishing studio that develops, co-develops, and publishes video games across mobile (iOS, Android, Amazon), console (Nintendo Switch, PlayStation, Xbox), and PC (Steam, GoG, Epic Games Store) platforms. The company curates a portfolio of over 70 titles spanning action RPGs, endless runners, platformers, puzzle games, and dungeon crawlers, and acts as publisher for independent developers worldwide.

Product overview

FDG Entertainment is an independent game publishing studio headquartered in Munich, Germany, founded in 2001. The company publishes a diverse portfolio of games across mobile (iOS, Android), console (Nintendo Switch, PlayStation, Xbox), and PC (Steam, GoG, Epic Games Store) platforms. The portfolio includes flagship titles such as the Monster Boy action-adventure series (Wonder Boy spiritual successor co-developed with Game Atelier), the Oceanhorn action RPG series (featuring music by Nobuo Uematsu and Kenji Ito), the Banana Kong endless runner franchise, the Red Ball platformer series, and the Cover Orange physics puzzle franchise. Beyond its established franchises, FDG publishes a broad catalog of over 30 games spanning genres including platformers, dungeon crawlers, puzzle games, RPGs, tower defense, strategy, and shooters. The company operates as both publisher and co-development partner with indie studios worldwide (including Game Atelier, Cornfox & Bros., Pixel Licker, Yohoho Games, Engine Software, and others).

Differentiator

Problem solved

Functional benefit

Products and services

• Monster Boy A side-scrolling action-adventure game published across multiple console and PC platforms (Switch, PlayStation, Xbox, Steam, GoG, Epic Games Store, iOS). Players transform into 6 different creatures to overcome challenges and remove a curse, spanning over 15 hours of gameplay.
• Oceanhorn 2: Knights of the Lost Realm An epic action RPG published on mobile, console, and PC platforms (Switch, iOS, Android, Steam, PlayStation, Xbox). Set 1,000 years before the first Oceanhorn, players journey across Gaia with companion characters Trin and Gen, featuring 20+ hours of gameplay and massive boss fights.
• Oceanhorn A console-quality action adventure game published on Switch, PlayStation, Xbox, iOS, and Android. Features music by Nobuo Uematsu and Kenji Ito, 10+ hours of story-driven gameplay with sword combat and magic exploration.
• Oceanhorn: Chronos Dungeon A dungeon crawler published on Steam, iOS, and Android. Features up to 4-player couch co-op, randomized dungeon modifiers, four character classes (Knight, Huntress, Grandmaster, Mage), and 16-bit-style visuals updated for 2020.
• Otherskin A third-person action game published on Steam. Players control Alex on a solo mission on planet Vandermire, absorbing alien morphs to gain new combat and movement abilities, fighting against the Corruption.
• Gombo An open-world survival crafting game announced for Steam. Features online peer-to-peer co-op, resource gathering, crafting, building, and combat in a hand-drawn magical cartoon world.
• Battlemons A monster-taming mobile RPG published on iOS and Android. Features creature collecting, turn-based battles, training and evolution systems, league competition, and customizable avatars with a plot-driven story.
• Red Ball Super Run A 3D endless runner published on iOS and Android. Features 4 playable Red Ball heroes, 4 locations (City, Harbour, Subway, Factory), epic bosses, and a sticker collection system. Developed by Yohoho Games.
• Banana Kong 2 A sequel to Banana Kong published on iOS and Android. Features a new 3D world with environments including forests, caves, treetops, lagoons, and the north pole. Developed by Engine Software. Free-to-play.
• Banana Kong A flagship endless runner published on iOS and Android since 2012. Features single-finger swipe controls, rideable animals, randomized level generation, leaderboards, achievements, and over 100 million downloads. Developed by Gamaga.
• Banana Kong Blast A mobile spin-off of Banana Kong published on iOS and Android. Features barrel-cannon gameplay with 3D console-quality graphics, 48 levels across 6 packs, boss levels, and a soundtrack by Tee Lopes. Developed by Engine Software.
• Slayin 2 A sequel to the world's first endless action RPG, published on Nintendo Switch. Features 8 playable characters, 2-player local drop-in co-op, Story and Arcade modes, and dozens of unique areas with bosses. Developed by Pixel Licker LLC.
• Slayin The world's first endless action RPG published on iOS and Android. Features 6 playable classes, retro graphics, chiptune soundtrack, 100+ quests, and permanent death mechanics. Developed by Pixel Licker.
• Blossom Tales: The Sleeping King A 2D action-adventure published on Steam and Nintendo Switch. Players explore a vast open world as Lily, Knight of the Rose, through dungeons, boss battles, and puzzles. Features 15+ hours of gameplay across 4 themed dungeons. Developed by Castle Pixel, LLC.
• Parachute Panic A remastered mobile game (iOS and Android) originally from the Windows Phone era. Players guide parachutists safely into boats while avoiding helicopters, sharks, and UFOs. Features hand-drawn notebook art style.
• Cover Orange A flagship physics puzzle game published on iOS, Android, and Amazon. Players drag and drop objects to protect oranges from acid rain. Over 100 million plays on major gaming sites with realistic physics and vibrant animations.
• Red Ball 4 A physics-based platformer published on iOS, Android, and Amazon. Evil square minions attempt to reshape the planet; Red Ball must roll, jump, and bounce through 75 levels. Developed by Yohoho Games.
• Venture Kid An 8-bit retro action platformer published on iOS, Android, Steam, and Nintendo Switch. Features 9 levels with bosses, chiptune OST by Matt Creamer, 8 unique power-ups, and secret areas. Developed by Per Aasland and Even Rusten.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Pixel LickercoreStrategic or Co-development PartnerDeveloper of Slayin and Slayin 2 games. Pixel Licker is the creative mastermind behind both the original endless action RPG and its sequel with co-op multiplayer features.
• Cornfox & Bros.coreStrategic or Co-development PartnerFinnish developer of the Oceanhorn series including Oceanhorn, Oceanhorn 2: Knights of the Lost Realm, and Oceanhorn: Chronos Dungeon. Long-term publishing partnership spanning multiple games.
• Game AteliercoreStrategic or Co-development PartnerDeveloper of Monster Boy and the Cursed Kingdom, a colorful side-scrolling action adventure created in cooperation with Ryuichi Nishizawa (creator of Wonder Boy in Monster World series). Also developing Otherskin.
• Castle Pixel, LLC.minorStrategic or Co-development PartnerDeveloper of Blossom Tales: The Sleeping King, a retro-inspired action-adventure game.
• Engine SoftwareminorStrategic or Co-development PartnerDeveloper partner for Banana Kong Blast and Banana Kong 2 games.
• Yohoho GamesminorStrategic or Co-development PartnerDeveloper partner for Red Ball 4 and Red Ball Super Run games.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Team17: UK-based indie game publisher with a multi-platform catalog spanning mobile, console, and PC (Worms, Overcooked, Blasphemous). Closely comparable to FDG as a multi-platform indie publisher with a deep back catalog and ongoing release pipeline.
• Devolver Digital: Indie game publisher known for premium PC and console titles (Hotline Miami, Fall Guys, Cult of the Lamb). Comparable to FDG in the premium indie publishing model, though with stronger PC/console orientation and less mobile focus.
• tinyBuild Games: Indie game publisher and developer with a multi-platform catalog (Hello Neighbor, Graveyard Keeper). Directly comparable as an independent multi-platform publisher of indie games, with similar reliance on external developer relationships.
• Noodlecake Studios: Indie mobile game publisher and developer (Alto's Odyssey, Getting Over It). Closely comparable to FDG's mobile-first indie publishing model with premium and F2P titles, and similar catalog approach.
• 505 Games: Multi-platform indie and mid-tier publisher (Control, Death Stranding PC, Terraria). Comparable as a multi-platform publisher working with external developers, though at a larger scale than FDG.
• Raw Fury: Indie game publisher focused on premium PC and console titles (Kingdom series, Norco, Sable). Comparable to FDG as a curated indie publisher working with external developers, with similar premium-pricing catalog approach.
• Humble Games: Publishing arm of Humble Bundle focused on indie games across PC and console. Comparable to FDG as an indie publisher with strong platform relationships and a diverse developer roster.

Emerging players

• Playdigious: Indie game publisher and porting specialist bringing mobile and PC games to console (Dead Cells mobile, Evoland). Comparable to FDG's porting/publishing model, especially relevant given FDG's heavy porting activity across Switch/PS/Xbox/PC.
• Chucklefish: Indie game publisher and developer (Stardew Valley, Risk of Rain, Wildfrost). Comparable as a small indie publisher with developer relationships and cross-platform presence, though with stronger direct-development capability.

Broad incumbents

• Annapurna Interactive: Premium indie game publisher (Stray, Outer Wilds, Cocoon, Neon White). Comparable in the premium indie publishing model, though significantly larger and PC/console focused rather than mobile-inclusive.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/FDG_Games
• Facebookfacebook.com/FDGEntertainment
• LinkedInlinkedin.com/company/fdg-entertainment

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 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 FDG Entertainment