EST. 1999GOTHENBURG, SWEDEN
MindArk

MindArk, Builders of the AI-Powered Virtual Metaverse

MindArk develops, operates and markets Entropia Universe, a massive virtual metaverse with a unique, integrated real-cash economy. Since 1997, MindArk has pioneered the intersection of virtual worlds and real economics. In 2025, the company completed the most far-reaching transformation in its history, a paradigm shift where AI was integrated across the entire development process and the organization was restructured from the ground up. MindArk's developers now operate as Conductors of Code, orchestrating specialized AI agents, shaping requirements and evaluating delivery. This has fundamentally changed how Entropia Universe is built and evolved.

Company
MindArk PE AB
Ticker
MNDRK
Exchange
Spotlight Stock Market
ISIN
SE0019354358
About MindArk

Entropia Universe, The AI-Enhanced Metaverse

Since its launch in 2003, Entropia Universe has been a commercial success and has been continually developed, expanded and improved for more than two decades. Today, MindArk is at the forefront of AI-enhanced game development, transforming both how content is produced and how the virtual economy is managed.

At the core of this transformation is Celest AI, MindArk's proprietary system for game-economic analysis, content production and data-driven decision-making, built for recursive learning, continuously updated with game fundamentals, statistics and real-time economic data, with each iteration refined, distilled and fed back as training data. The result is an increasingly sharp analytical engine that supports balancing decisions in one of the world's most complex virtual economies.

The unique real-cash economy empowers participants from all over the globe to trade goods and services, resources are extracted, products manufactured through player-discovered blueprints, and value exchanged, all within a fully player-driven economy linked to real currency. Many Entropians have forged long-lasting relationships through the multitude of opportunities for social engagement in this living, breathing metaverse. Multiple development studios build and maintain uniquely themed planets within a single connected universe, with seamless travel ensuring maximum immersion across a broad range of experiences.

MindArk's investment balance is shifting from traditional labour hours toward compute capacity, enabling continued investment in platform intelligence and an increasingly engaging experience for a growing global audience.

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MindArk

Building virtual worlds with real economic systems since 1999. Listed on Spotlight Stock Market, ENTR:SS.

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© 2026 MindArk PE AB (publ). Entropia Universe®, Planet Calypso®, and the MindArk logo are registered trademarks of MindArk PE AB. CryEngine® is a trademark of Crytek GmbH. All rights reserved.