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What smart money is saying about Paradox Interactive ABSweden flag

PDX.ST · Technology · Electronic Gaming & Multimedia · Market cap $1.44B

1 fund in our archive has pitched Paradox Interactive AB — most recently Ennismore Global Smaller Companies Fund in December 2025.

Company profile

Paradox Interactive AB (publ) is a Swedish video game company that develops and publishes titles for PC, mobile, and console systems. The firm primarily operates across North and South America, Europe, the Middle East, Africa, and the Asia-Pacific region. Its extensive portfolio features well-known franchises like Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities: Skylines, Surviving Mars, Prison Architect, Magicka, Age of Wonders, Victoria, and World of Darkness. Founded in 1998, Paradox Interactive has its main offices in Stockholm, Sweden.

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Letters

Also mentioned · 1

These funds discuss Paradox Interactive AB — as a competitor, benchmark or comparable — without disclosing a position in it.

  • MentionedProtean Funds Partner Letter
    April 2026
    particularly compared to its main peer, Paradox.
    Read the letterParadox Interactive AB

Fund coverage · 1 thesis

  • Ennismore Global Smaller Companies Fund
    December 2025

    Paradox Interactive AB is a strategy game publisher with durable franchises and a looming cash flow inflection, offering attractive value despite recent share price weakness.

    Read the full thesis

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