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Raw Fury AB: Business Overview, Financials & Competitive Analysis

Raw Fury AB scores 7/10 on the AskCyborg Cyborg Score (Strong). Established indie publisher with strong market position, international developer network, and growth-focused ownership positioned to capture expanding indie gaming market. Raw Fury holds a leadership position in the indie game publishing vertical with an established portfolio of 50+ titles and the backing of growth capital. The company operates in.

What is Raw Fury AB's industry? Raw Fury AB (rawfury.com) operates in Video Game Publishers. AskCyborg classifies Raw Fury AB under Video Game Publishers in its company registry.

Raw Fury AB is a Swedish video game publisher, specialising in the publication of indie games, based in Stockholm. The company focuses on artsy, narrative-driven games for PC and consoles, supporting developers throug...

7/ 10Strong

Cyborg Score thesis

Established indie publisher with strong market position, international developer network, and growth-focused ownership positioned...

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Industry Video Game Publishers
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 14, 2026
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What's in This Report
Raw Fury AB OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Raw Fury AB Overview

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Raw Fury AB is a Swedish video game publisher, specialising in the publication of indie games, based in Stockholm. The company focuses on artsy, narrative-driven games for PC and consoles, supporting developers through funding, marketing, and global distribution while emphasizing creative freedom. By 2025, Raw Fury has published over 50 games, including expansions and ports, establishing itself as a prominent player in the indie publishing space.

Strategic Profile

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Raw Fury calls itself an "UnPublisher" as it intends to support developers by "dismantling how publishing traditionally works" and providing supportive services that better serve indie game development. In August 2021, Altor Equity Partners acquired a majority ownership of Raw Fury for an undisclosed price. Raw Fury is now a subsidiary of Combined Effect.

Competitive Landscape

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Raw Fury has gained recognition for titles like Bad North (2018), a roguelite tactics game, and Sable (2021), an exploration adventure praised for its artistic style. The company competes within a fragmented indie publishing ecosystem dominated by self-publishing platforms (Steam, Epic, console digital stores) and boutique publishers focused on specific genres or aesthetics. Competitors include other indie publishers like Annapurna Interactive (prestige indie titles), Team17 (2D/indie portfolio), and emerging platforms emphasizing developer support.

Industry Context

Raw Fury AB operates in Video Game Publishers.

Key facts

Founded: 2015 · Headquarters: Stockholm, Sweden

What the analysts stress-tested

The top findings that survived the multi-agent debate for Raw Fury AB.

  • Expanded portfolio through October 2025 merger of sister publisher Neon Doctrine into Raw Fury's operations
  • Maintains cultural differentiation through artist-centric publishing philosophy prioritizing developer autonomy over traditional industry controls
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Recent developments

Material events tracked by the AskCyborg corpus.

  • October 2025Sister publisher Neon Doctrine merged into Raw Fury as part of restructuring
  • March 2026Released fantasy CRPG Esoteric Ebb for PC alongside Nintendo Switch announcement for Blue Prince
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Annapurna InteractivePrestige indie game publisher and film/TV studio→Team172D indie and strategic game publisher→Devolver DigitalGenre-agnostic indie game publisher with theatrical marketing→SteamLeading PC game distribution and publishing platform→

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Industry context

Raw Fury AB operates in Video Game Publishers. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Raw Fury AB do?+
Raw Fury AB is a Swedish video game publisher, specialising in the publication of indie games, based in Stockholm. The company focuses on artsy, narrative-driven games for PC and consoles, supporting developers throug...
What is Raw Fury AB's Cyborg Score?+
Raw Fury AB has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Raw Fury AB's main competitors?+
Named competitors include Annapurna Interactive, Team17, Devolver Digital, Steam. The full competitive landscape is in the AskCyborg report.
How can I get the full Raw Fury AB research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Raw Fury AB research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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More Video Game Publishers research

Companies in the same sector and named competitors, ranked by Cyborg Score.

6Devolver Digital