Kuuhubb and Reworks raise funds
Finnish game developer and publisher Kuuhubb has secured a one million-euro loan, while new Finnish game studio Reworks has raised around 1.3 million euros in pre-seed funding.
The Finnish company develops and publishes mobile games and apps targeted at a female audience, such as Recolor and My Hospital. It secured two million euros in financing in December 2018.
Meanwhile, Reworks has raised approximately 1.3 million euros in a pre-seed investment round led by early-stage games investors Play Ventures and Big Bets, with Business Finland chipping in as well.
According to Pocketgamer.biz, the Helsinki-based studio aims to challenge the customisation games market and has soft-launched home design title Redecor. The studio is led by a former staff member at Sumoing, the company behind the Recolor game that was acquired in 2017 by Kuuhubb.
“We believe the customisation games segment has room for an innovative and focused newcomer,” commented Reworks CEO and co-founder Ilkka Teppo.
Good News from Finland is published by Finnfacts, which is part of Business Finland.