N
Nware
Nware is a cloud gaming platform built by the Madrid-based startup Cloudware S.L. that lets users stream and play more than 20,000 PC games on any device (PC, Android phone, tablet, smart TV) without powerful hardware or installations, including games they already own on stores like Steam. Backed by four venture rounds (the last a €1.1M raise in January 2022) from investors including Draper B1, Archipelago Next and COREangels, it won 'Most Scalable Startup' at South Summit 2022, signed a 10-year game-distribution agreement with Microsoft in April 2023, and its CEO Daniel Olmedo was named to Forbes 30 Under 30 Europe. In December 2025 it entered an infrastructure partnership with Equinix.
SectorsCloud Gaming, Gaming, SaaS, Consumer Tech, Streaming
Start-up MapMedia & Gaming › Consumer games & streaming
Founders
A
Alberto Manzano Alonso
Co-Founder & Chief Product Officer
A
Alejandro Rodríguez Ranera
Co-Founder & Head of Cloud Operations
B
Begoña Fernández-Cid
Co-Founder & Chief Marketing Officer
D
Daniel Olmedo Nieto
Co-Founder & CEO
Global models 5
SShadow
France · shadow.tech ↗
Charges consumers a subscription for a cloud gaming PC they can stream to any device and play the games they already own on Steam and other stores, the same model as Nware.
$140MComparable
O
OnLive
United States
Pioneered subscription cloud streaming of PC games to TVs, phones and low-end devices without installs or powerful hardware.
$100MComparable
G
Gaikai
United States
Ran a browser and device cloud gaming service that streamed PC games with no downloads, then was bought by Sony to power PlayStation Now.
$48MComparable
BBlacknut
France · www.blacknut.com ↗
Sells a cloud gaming subscription that streams hundreds of games to smart TVs, phones and PCs, direct to consumers and through telecom partners.
$35MComparable
P
Playkey
Russia · playkey.net ↗
Streamed PC games from the cloud to weak hardware so users could play titles they own on Steam and other stores for a usage-based fee.
$15MComparable
In the same niche 17 others
See all in the Start-ups Map →B
Backspin Games
Madrid
Series A (estimated) · €8.3M
C
Cheer Games
Barcelona
Pre-seed · €4.1M
TThe Breach Studios
Barcelona
Seed (estimated) · €3.5M
UUnusuAll
Madrid
Seed · €3M
PPlayspace
Palma de Mallorca
No stage disclosed · €2.4M
T
Triple O Games
Santa Cruz de Tenerife
Seed (estimated) · €2M
Notes: Most funded first
Investors 9
Open as list →T
The Valley Venture Capital
www.thevalleyventurecapital.com
AArchipélago Next
www.archipelagonext.com
CCOREangels
coreangels.com
DDraper B1
draperb1.com
TTokavi
tokavi.com
A
Andreas Mihalovits
G
Grupo Villar Mir
J
Jorge Desormeaux
S
Secal Venture Investors
Funding rounds 2
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2022-01-17 | Seed (estimated) | €1.1M |
Lead not disclosed
+8 more
|
| 2020-05-13 | Pre-seed (estimated) | €450K | The Valley Venture Capital |
News
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