Simulation Theory Acquires Protagonist Games to Accelerate Enterprise Adoption of Thunder SDK

SAN DIEGO, CA - AUGUST 31, 2025

Simulation Theory (Sim Theory) announced the acquisition of Protagonist Games, LLC (“Protag”), a professional services firm known for delivering high-impact interactive experiences. The all-equity transaction, completed as part of Sim Theory’s seed round, marks a pivotal step in the company’s strategy to scale enterprise adoption of its Thunder SDK.

The acquisition adds a stable revenue stream, improves Sim Theory’s profitability profile, and strengthens its ability to win and deliver larger enterprise engagements. By combining Protagonist Games’ delivery capabilities with Sim Theory’s Thunder SDK, the company can move more quickly from pilot projects to production deployments, particularly where organizations need to run CPU-intensive AI/ML pipelines at scale.

The transaction also aligns the founding teams behind a single company and mission, enabling tighter focus, faster decisions, and more consistent execution against Sim Theory’s long-term goals. Protagonist Games will continue to serve existing customers as it transitions toward enterprise solutions built on Thunder SDK

“This is about focus and acceleration,” said Anthony Castoro, CEO and Co-Founder of Simulation Theory. “We are bringing together services and technology in a way that allows us to move faster, execute at a higher level, and drive meaningful adoption of Thunder across the enterprise landscape.”

About Simulation Theory

Simulation Theory (Sim Theory) is a deep tech software company focused on closing the gap between the world’s compute demand and available CPU and GPU capacity. Its patent-pending Thunder SDK enables applications to scale horizontally across all available CPU cores with minimal overhead, dramatically increasing the amount of work that can be done on existing CPUs while keeping GPUs continuously supplied with data so they can perform more inference and training work. By extracting more parallelism from AI/ML workloads and other compute-intensive tasks, without requiring a full rewrite of existing code, Thunder SDK helps organizations run faster, more efficient pipelines in cloud, data center, and edge environments, directly addressing the supply and demand imbalance for compute created by the rise of AI.

About Protagonist Games

Protagonist Games, LLC is a professional services firm focused on immersive and interactive development across mobile, PC, console, AR, VR, and XR platforms. The team has delivered end-to-end, multi-platform applications and online experiences for a range of clients, and will continue to support existing customers while shifting its efforts toward enterprise applications built on Simulation Theory’s Thunder SDK.

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