Next Games, a Finnish games startup founded in 2013, has successfully closed its first external investment round, raising $6 million in financing. The funding round was co-led by IDG Ventures and the company’s original investor, Jari Ovaskainen, who was also an early investor in Supercell. Joining them is Lowercase Capital, IDG Capital and many more investors.
Next Games has begun by crafting two visually impressive and engaging games, one of which is a recently announced collaboration with AMC Networks Inc. that is based on the incredibly successful TV drama, The Walking Dead. Founded by design veterans from Rovio, Supercell and Disney, Next Games has assembled a team with a profound love for games and a burning desire to develop lasting global entertainment. It is not only a passion for games that is driving Next Games – a thoughtful worldview permeates the studio as well.
Teemu Huuhtanen, CEO of Next Games noted: “Our funding was made possible by the pioneering work by established Scandinavian game development studios. It is a testament to the talent in the Nordic region where many of the most successful games in recent years have been created. The majority of our private investment is rooted in the United States and Asia, the world’s leading mobile app markets. I’m confident this diversity will lead to compelling games with broad global appeal and unique opportunities for partnerships, such as the one we currently have with AMC.”
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