Kalank Games Raises €1.5M Seed Led by Crédit Agricole Charente-Périgord Expansion

Kalank Games Secures €1.5M Seed Round

Kalank Games, an independent video game studio and publisher based in Angouleme, France, has raised a €1.5 million seed round. The round was led by Crédit Agricole Charente-Périgord Expansion, with participation from KPA (SPV).

Company Background

Kalank Games was founded in 2017 in Angouleme by Baptiste Deneufbourg and Adrien Carta. The studio today employs roughly 30 people.

Its output is prolific by independent studio standards: about ten productions a year spanning VR, mobile, PC and consoles. That volume is supported by a business model that blends two distinct revenue streams.

Two Sides of the Business

The first is work-for-hire and co-production for publishers and brands. Titles in this category include TokoToko and Miraculous: Rise of the Sphinx.

The second is original titles owned by the studio, including Smurfs Flower Defense and Scan or Scam.

Running both lines gives Kalank a mix of contracted production revenue and upside from its own intellectual property.

Three Operating Lines

Kalank Games operates through three distinct business lines:

• Kalank Games Studio — the core game development operation
• Kalank Publishing — the publishing arm
• Augmenty Solutions — which builds immersive experiences for the industrial, cultural and institutional sectors

The third line extends the studio's immersive and VR capabilities beyond entertainment into industrial, cultural and institutional applications.

Growth Plans

The studio is planning to move to larger premises in Angouleme in 2027. It is also growing its headcount toward 40 employees.

Key Facts

• Company: Kalank Games
• Founded: 2017, Angouleme, France
• Founders: Baptiste Deneufbourg and Adrien Carta
• Team size: approximately 30, growing toward 40
• Round: Seed
• Amount: €1,500,000 EUR
• Lead investor: Crédit Agricole Charente-Périgord Expansion
• Additional investor: KPA (SPV)
• Output: roughly ten productions per year
• Platforms: VR, mobile, PC, consoles
• Business lines: Kalank Games Studio, Kalank Publishing, Augmenty Solutions
• Selected titles: TokoToko, Miraculous: Rise of the Sphinx, Smurfs Flower Defense, Scan or Scam

The Takeaway

Kalank Games has built a diversified independent studio model in Angouleme, combining work-for-hire and co-production for publishers and brands with its own titles, plus an immersive-experience business serving industrial, cultural and institutional clients. The €1.5 million seed round, led by Crédit Agricole Charente-Périgord Expansion, supports the studio as it expands its team and prepares to move into larger premises in 2027.