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Two Desperados secures $20M in user acquisition financing from PvX Partners to enhance growth across its mobile gaming portfolio.

PRIVATEJun 10, 20265 days ago

Amount Raised

$20 Million

BelgradeGaming

Investors

Pv X Partners

Description

Two Desperados, based in Belgrade, Serbia, received $20M in user-acquisition financing from PvX Partners. The non-dilutive financing allows the company to retain a larger ownership stake while accelerating user acquisition efforts. This capital will help scale growth across its portfolio of titles and reach more players worldwide. Founded by CEO Vojislav Milutinovic, the studio focuses on developing engaging gaming experiences.

Company Information

Company

Two Desperados

Location

Belgrade, Central Serbia, Serbia

About

Two Desperados is an independent mobile gaming studio based in Belgrade, Serbia. The studio focuses on developing engaging gaming experiences and has achieved over 30 million downloads across its portfolio. Notable titles include Nonogram Crossing Logic Puzzle, Marble Shooter: Viola’s Quest, and Marble Woka Woka. Founded by CEO Vojislav Milutinovic, the company aims to accelerate user acquisition and growth internationally.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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