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Draft:Mundfish

From Wikipedia, the free encyclopedia
  • Comment: The company's coverage seems almost entirely tied to Atomic Heart. See WP:INHERITORG for the presumption that notability for companies is not inherited. ~ A412 talk! 19:56, 23 April 2026 (UTC)
Mundfish
TypePrivate
IndustryVideo games
Founded2017; 9 years ago (2017)
Founders
  • Robert Bagratuni
  • Evgenia Sedova
  • Artem Galeev
  • Oleg Gorodishenin
Headquarters
Paphos
,
Cyprus
Key people
Robert Bagratuni (CEO)
ProductsAtomic Heart
DivisionsMindfish Powerhouse
Websitewww.mundfish.com

Mundfish is an international video game development studio headquartered in Cyprus in 2017. The company is best known for the action-adventure first-person shooter with RPG elements Atomic Heart (2023), which received generally positive reception from players and media. Mundfish operates development hubs in Cyprus, Armenia, and the United Arab Emirates.

Two upcoming titles around the Atomic Heart universe (Atomic Universe) — Atomic Heart 2 and an MMO RPG shooter The CUBE — were announced at Summer Game Fest in June 2025, while the first-person action survival horror title ILL was unveiled as the first external project published under Mundfish Powerhouse after being announced on May 2025, with a planned release date on 2027.[1]

History

[edit]

Mundfish was founded in 2017 by CEO Robert Bagratuni and CFO Evgenia Sedova, later joined by art director Artem “Artep” Galeev and producer Oleg Gorodishenin.[2][3] The team's early work included the virtual reality title Soviet Lunapark, which was removed from sale in late 2018 when development shifted toward a more ambitious project: Atomic Heart.[4]

As development progressed, Atomic Heart expanded into a multi-platform AAA game, and the studio grew to more than 130 employees by the time of the game's global launch in February 2023.[5] During the COVID-19 pandemic, Mundfish transitioned to remote operations and has since continued working as a distributed team with main hubs in Paphos, Yerevan, and Abu Dhabi.[6][7]

In 2019 and 2021, Mundfish secured investment rounds to support large-scale production. According to Crunchbase, Mundfish raised $16 million in two investment rounds in 2019 and 2021. According to Forbes, the amount from the Chinese investment holding Tencent, the international investment company GEM Capital, and the founder of the game studio Gaijin Entertainment, Anton Yudintsev, could be around $20 million.[7][8][9] The studio received industry recognition as a rising-star winner in the Deloitte Technology Fast 500 program for the Middle East and Cyprus regions in 2024.[10] In August 2021, prior to the release of Atomic Heart, the studio stated that a sequel was already being planned all the while focusing on expanding the franchise's universe and develop additional titles.[11]

In May 2025, Mundfish reported that the game had reached 10 million players worldwide[12] and has introduced the publishing label Mundfish Powerhouse to support independent and emerging studios through funding, production expertise, and marketing resources. The first title announced under the label was ILL, a first-person survival horror game developed by Team Clout, an independent studio whose four founders had been developing the game since 2021.[13][14] At Summer Game Fest 2025, Mundfish further expanded its portfolio by announcing two internally developed projects: Atomic Heart 2, a sequel to Atomic Heart, and The CUBE, a multiplayer RPG shooter set in the same universe.[15]

Controversies

[edit]

Mundfish has faced scrutiny regarding its origins and investor background. Although headquartered in Cyprus, several media outlets noted in 2023 that the founding team consists of Russian-speaking industry professionals and that early investment included contributions from companies with ties to Russia. These factors prompted questions from some commentators about the studio's geopolitical neutrality. Mundfish has stated that it operates as an independent, multinational company.[16][17]

Games developed

[edit]
Title Year Platform(s) Publisher(s)
Atomic Heart 2023 PlayStation 4, PlayStation 5, Xbox One, Xbox Series X/S, Microsoft Windows Focus Entertainment, 4Divinity, VK Play, Astrum Entertainment
Atomic Heart 2 TBA PlayStation 5, Xbox Series X/S, Microsoft Windows Mundfish
The CUBE TBA Microsoft Windows Mundfish

Games published under Mundfish Powerhouse

[edit]
Title Year Platform(s) Developer
ILL 2027 PlayStation 5, Xbox Series X/S, Microsoft Windows Team Clout

References

[edit]
  1. ^ https://gameinformer.com/state-of-play/2026/06/02/brutal-first-person-horror-game-ill-still-looks-terrifying-in-new-story
  2. ^ "Atomic Heart - по слухам, у игры проблемы с разработкой. Получен официальный ответ от студии Mundfish". GameMAG (in Russian). 2019-01-29. Retrieved 2026-02-18.
  3. ^ Skrebels, Joe (2018-05-24). "Atomic Heart Has the Coolest Trailer of the Year, But What Actually Is It?". IGN. Retrieved 2026-02-18.
  4. ^ Feltham, Jamie (2018-12-17). "Soviet Lunapark VR Cancelled As Dev Doubles Down On Atomic Heart". UploadVR. Retrieved 2026-02-18.
  5. ^ "Что известно о видеоигре Atomic Heart". snob.ru (in Russian). 2023-02-17. Retrieved 2026-02-18.
  6. ^ "Gold Magazine". www.magloft.com. Retrieved 2026-02-18.
  7. ^ a b "Прямо в сердце: как шутер-блокбастер про роботов в СССР Atomic Heart покоряет мир". Forbes.ru (in Russian). Archived from the original on 2025-06-21. Retrieved 2026-02-18.
  8. ^ "Atomic Heart — одна из самых обсуждаемых игр года (да, до сих пор). Она одновременно и восхваляет, и критикует СССР Рассказываем, в чем ее феномен — и каким получилось дополнение, которое ждали полгода". Meduza (in Russian). Retrieved 2026-02-18.
  9. ^ Kaser, Rachel (2024-04-26). "GEM Capital adds AppMagic, Mundfish, Pixonic CEOs as investment advisors". GamesBeat. Retrieved 2026-02-18.
  10. ^ Пилецкий, Борис (2024-04-20). "Создателей Atomic Heart признали одной из самых быстрорастущих компаний — на Ближнем Востоке и Кипре". IXBT.games (in Russian). Retrieved 2026-02-18.
  11. ^ bewareofgod (2021-08-19). "Mundfish: «Atomic Heart 2 — быть» — Игры на DTF". DTF (in Russian). Retrieved 2026-02-18.
  12. ^ Blake, Vikki (2025-05-30). "Atomic Heart Celebrates 10 Million Players And Confirms One More DLC Is In the Works". IGN. Retrieved 2026-02-18.
  13. ^ LeBlanc, Wesley. "ILL Is A Survival Horror Game Made By People Who Worked On Longlegs, IT, V/H/S/Beyond, And More". Game Informer. Retrieved 2026-02-18.
  14. ^ Hetfeld, Malindy (2025-06-11). ""If we had the guidance we're offering, Atomic Heart wouldn't have taken 6 years" – Mundfish on ambitious new publishing venture Powerhouse". GamesIndustry.biz. Retrieved 2026-02-18.
  15. ^ Takahashi, Dean (2025-06-07). "Mundfish unveils two new games: The Cube and Ill". GamesBeat. Retrieved 2026-07-02.
  16. ^ Avery, Elise (2023-02-24). "The Atomic Heart & Russia-Ukraine War Controversy Explained". The Escapist. Retrieved 2026-02-18.
  17. ^ "Atomic Heart video game draws scrutiny from Ukrainian officials and gamers for alleged Russia ties". NBC News. 2023-03-03. Retrieved 2026-02-18.


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