Rovio, the Finnish company behind the Angry Birds franchise, has invested $3 million in a VC fund managed by Play Ventures, a firm founded by video game entrepreneurs Harri Manninen and Henric Suuronen last year. All in all, the fund’s size is $30 million dollars, and the scope is straightforward: Play Ventures aims to back […]
Irish augmented reality (AR) gaming startup WarDucks has raised €3.3 million in a funding round led by EQT Ventures, with participation from Suir Valley Ventures and other investors. The startup will use the capital injection to fuel the development of its yet unnamed location-based mobile AR game. Founded by Nikki Lannen, who used to be […]
German gamedev startup Klang has secured an $8.95 million Series A funding round led by Northzone, with participation from Makers Fund, Novator, and firstminute capital. The capital injection will support the development of the company’s new massively multiplayer online (MMO) title, Seed. Co-founded by game developers who used to work on the massively successful MMO […]
Teatime Games, an Icelandic social gaming company, has raised a $7.5 million Series A funding round, along with a $1.6 million Seed round, both led by Index Ventures. The venture capital firm Atomico also participated in the Series A round. Guzman Diaz of Index Ventures, Mattias Ljungman of Atomico, and David Helgason, founder of Unity […]
Helsinki-based gaming company Small Giant Games has raised $41 million led by EQT Ventures with participation from Creandum, Spintop Ventures, and PROfounders. The company will use the new funds to expand its developer and graphic design team with a view to reaching international markets with its Empires & Puzzle RPG game and forthcoming titles. Empire […]
Tech.eu catches up with Northzone’s newest partner Paul Murphy, the former CEO of gaming company Dots, to talk European and US investments.
Swedish game studio and publisher Coffee Stain has acquired a majority stake in fellow Swedish company Gone North Games, the makers of goat simulator games. No terms for the deal were disclosed. Gone North Studios, based in Stockholm, is the developer of mobile games like Goat Z and Goat Simulator: Waste of Space and describes […]