Small Giant Games secures EUR 5.4 million funding
Finnish games developer Small Giant Games has completed a 5.4 million-euro financing round from international investors.
The capital boost will be used to market Small Giant Games’s latest product Empires & Puzzles, which was launched last week for mobile devices, as well as to develop completely new games.
The major investor in the round was Sweden-based EQT Ventures, followed by Creandum, Spintop Ventures, PROfounders and First Fellow Partners, all of which have invested in the Finnish games studio previously.
“We were impressed by the experienced team at Small Giant Games, their clear vision and effective delivery of their new game, Empires & Puzzles,” explains EQT’s managing partner Lars Jörnow.
“EQT Ventures’ Lars Jörnow has extensive experience in mobile gaming from his time at King and, coupled with their hands-on approach, they’ll be of great help to us in improving and growing this game and others in the future,” says Timo Soininen, CEO of Small Giant Games.