The founders and employees come from Rovio, Supercell and Disney, so it would be very natural to assume that Next Games would be the next wonder child of Finland’s already globalized gaming industry. Backed by a generous initial funding of $6 million, the company is now preparing to hit the app charts with games likes The Walking Dead.
According to the press release in company’s official blog, the Finnish games company Next Games received the funding from a group of institutional, strategic and private investors co-led by IDG Ventures and Jari Ovaskainen, company’s original investor (also of Supercell). Lowercase Capital joined them with its first venture into the mobile game sector.
Additional funding came from IDG Capital and AMC Networks, the producer of TV hit The Walking Dead. The popular TV series is now being adapted to a mobile game as recently announced in their collaboration with AMC Networks Inc..
“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” said Teemu Huuhtanen, CEO of Next Games noted. “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.”
“I’m thrilled to see a Finnish game studio with such talent and vision hit the runway with this dynamic range of global investors,” stated Jari Ovaskainen, a Next Games investor and seed investor of Supercell.