Fenris Creations

Open-source game engine and MMO developer

Reykjavik, Iceland
Founded 1997

Fenris Creations (formerly CCP Games) is an Icelandic video game developer best known for EVE Online, a massively multiplayer online game with a single-shard universe, player-driven economy, and emergent gameplay. The company has open-sourced its Carbon game engine framework, which powers EVE Online and EVE Frontier, releasing it under the MIT license. Founded in 1997 in Reykjavík, Fenris Creations became independent in May 2026 following a management buyout from Pearl Abyss and entered a research partnership with Google DeepMind.

Last Updated: July 16, 2026

Current Valuation

$120M

as of May 1, 2026 (Source)

Funding Summary

$6.3M

Total reported funding

Core OSS Projects

Next-generation cross-platform game engine framework powering EVE Online and EVE Frontier, open-sourced under the MIT license.

License: MIT

Business Information

Category

Gaming

Industries

Media & Entertainment

Technologies

SimulationOpen SourceRendering Engine

Sectors

DeveloperConsumers

Licenses

MIT

Other

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