Finnish developers are able to attract external financing. Another proof is the history of the Helsinki Lightheart Entertainment. The young team raised $1.4 million in the seed round.
The peculiarity of the deal is that Lightheart Entertainment was looking for money not for development, but for marketing a game already released in the App Store and Google Play, the multiplayer platformer Mr Autofire. She needed funds for a worldwide release. Now she has them.
Galaxy Interactive, which has become more active in the gaming M&A market in the last six months, acted as an investor. Recall that in March, the company invested the same $ 1.4 million in the Californian developer Big Run Studios, specializing in casual projects in the spirit of the klondike. Prior to that, in February, the investor announced a $3.3 million tranche to an American esports organizationTempo Storm.
Also on the topic:
- Big Run Studios received $1.4 million from Galaxy Interactive for development
- Investment news — digest for February 16-23
- Genvid Technologies’ interactive game broadcasting business has raised $27 million for development
Is there any news? Share it with us, write to press@app2top.ru