Finnish game studio Boomlagoon has raised $3.6 million in Series A round of funding led by Spotify investor Northzone. Additional funding came from Inventure, 360 Capital Partners and existing investor London Venture Partners. The company said they will expand the team and add new character-driven games to their portfolio.
In compliance with the deal, Torleif Ahlsand, General Partner in Northzone, will join the board of Boomlagoon.
Helsinki-based company was founded in 2012 by three ex-Rovio developers who previously worked on all-time-hit mobile game, Angry Birds. It has eight employees now, preparing to launch a free-to-play character-led mobile game called Monsu very soon.
Their first title Noble Nutlings was released in 2013 and has been successful enough to earn the team the current reputation and, of course, the new bulk of investment.
Antti Stén, the former lead server architect for Angry Birds at Rovio, and current CEO and co-founder of Boomlagoon, said “the legacy of successes by our investors is another indicator that our team is on the right track”.
New board member Ahlsand approves: “We have been very impressed by the Boomlagoon team, and believe they have a unique understanding of how to drive casual mobile games to broad markets. All games from Boomlagoon are based on memorable characters and a clear strategy on monetization.”