# Magic Potion Games funding: rounds and investors

> Magic Potion Games has raised $4.5M across 2 rounds since 2024. Investors include Goodwater Capital, GFR Fund and 1Up Ventures. Every round with its source.

Source: https://millionrounds.com/company/magic-potion-games (Millionrounds; every figure on the page links to its filing or article)

Canada · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Magic Potion Games*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Edtech Gaming

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$4.5M** raised across 2 rounds since 2024, from 2 sources

- **Latest round:** Series A Aug 2026
- **Biggest round:** $4.5M Pre-seed · Oct 2024
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$4.5M** Pre-seed

**?** Series A

- **First round:** Pre-seed, $4.5M
- **Biggest round:** $4.5M
- **Between rounds:** 23 months

## The rounds

- **Aug 2026** Series A **Amount undisclosed** No investor was named in the report. Reported by BetaKit SEC filing: $3.7M sold
- **Oct 2024** Pre-seed **$4.5M** *4 new* [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [GFR Fund](https://millionrounds.com/fund/gfr-fund) [1Up Ventures](https://millionrounds.com/fund/1up-ventures) [Konvoy Ventures](https://millionrounds.com/fund/konvoy-ventures) Source recorded

## Founders and team

From Magic Potion Games's own website: 3 founders, 2 on the team.

**Stephen MacDonald** Founder & CEO

**Karin Johnson** Founder & CPO

**Sascha Williams** Founder & COO

- **Matt King** Head of Engineering
- **Simon Moss** Technical Director

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Pre-seed** 2024 **Series A** 2026 [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [GFR Fund](https://millionrounds.com/fund/gfr-fund) [1Up Ventures](https://millionrounds.com/fund/1up-ventures) [Konvoy Ventures](https://millionrounds.com/fund/konvoy-ventures)

## Everyone who backed them

[Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) VC firm **1** round

[GFR Fund](https://millionrounds.com/fund/gfr-fund) VC firm **1** round

[1Up Ventures](https://millionrounds.com/fund/1up-ventures) VC firm **1** round

[Konvoy Ventures](https://millionrounds.com/fund/konvoy-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=magic-potion-games).

## Also claim to have backed them

This firm lists Magic Potion Games as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[1AM Gaming](https://millionrounds.com/fund/1am-gaming) VC firm Per its own site

## Quick answers about Magic Potion Games

### Who invested in Magic Potion Games?

Magic Potion Games's investors include Goodwater Capital, GFR Fund, 1Up Ventures and Konvoy Ventures.

### How much has Magic Potion Games raised?

Magic Potion Games has raised $4.5M across 2 rounds since 2024. One round did not disclose an amount, so the total is a floor.

### When did Magic Potion Games last raise?

Magic Potion Games's most recent round was a Series A in Aug 2026.

### What was Magic Potion Games's biggest round?

Magic Potion Games's largest round on record is $4.5M (Pre-seed), in Oct 2024.

### Who backed Magic Potion Games first?

Magic Potion Games's first round on record, in Oct 2024, was backed by Goodwater Capital, GFR Fund and 1Up Ventures and 1 others.

### What stage is Magic Potion Games at?

Magic Potion Games's latest named round is a Series A, in Aug 2026.

### Where is Magic Potion Games based?

Magic Potion Games is based in Canada.

## Companies like Magic Potion Games

In the same sector, and raised in the last eighteen months.

[**PAPER** $34M · Jul 2026](https://millionrounds.com/company/paper)[**Ionik** $100M · Jun 2026](https://millionrounds.com/company/ionik)[**Iron Fox Games** $145K · Dec 2025](https://millionrounds.com/company/iron-fox-games)[**Stemble Learning** $400K · Dec 2025](https://millionrounds.com/company/stemble-learning)[**Squido Studio** $110K · Nov 2025](https://millionrounds.com/company/squido-studio)[**FrontlineIQ** $3.3M · Oct 2025](https://millionrounds.com/company/frontlineiq)

## Find investors like these

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