Helsinki, FINLAND – March 9, 2017 – Small Giant Games, a Finnish developer, today announced the completion of its growth financing round of 5.4M Euros. The investment will be used to market its brand new title Empires & Puzzles as well as to build new games. Lead investor in the round is Stockholm, Sweden based EQT Ventures, followed by the company’s earlier investors Creandum, Spintop Ventures, PROfounders and First Fellow Partners.
Empires & Puzzles is an innovative online Role Playing Game that uniquely combines tactical puzzle battles with the building of a mighty stronghold and hero collection. The game was launched last week on both iOS and Android mobile devices.
Timo Soininen, CEO at Small Giant Games said: “We started our new game with a clear vision of creating something that’s super easy to pick up and play, but that also surprises the players with unforeseen depth and a fresh take on familiar elements. We are extremely pleased to have EQT Ventures on board to back our vision and help us reach our goals. EQT Ventures’ Lars Jörnow has extensive experience in mobile gaming from his time at King and, coupled with their hands-on approach, they’ll be of great help to us in improving and growing this game and others in the future.”
Lars Jörnow, Managing Partner at EQT ventures commented: “We were impressed by the experienced team at Small Giant Games, their clear vision and effective delivery of their new game, Empires & Puzzles. We like to back strong entrepreneurial teams who aim to reach the top, and we believe the Small Giant team have what it takes to get there.”
About Small Giant Games
Small Giant is a Finnish mobile games company focused on creating stunning multiplayer first mobile games, which become a daily hobby for the players. They believe that small, highly talented teams can accomplish giant things.
The company aims to become one of the most successful studios by creating engaging battle RPG games, with new types of multiplayer and social features. Small Giant has a small experienced team of 13 people. The team members are industry pioneers in free-to-play and social multiplayer games, consisting of Habbo and Remedy core team members joined by new international talent.
About EQT Ventures
EQT Ventures is a new European VC fund with commitments of just over €566 million and offices in Stockholm, Amsterdam, London and Luxembourg. Fuelled by some of Europe’s most experienced company builders, EQT Ventures help the next generation of entrepreneurs with capital and hands on support. EQT Ventures is part of EQT, a global leading alternative investments firm, with more than 160 investments and 70 exits. EQT has raised approximately EUR 31 billion, and its companies employ c. 100,000 people and have revenues of approximately EUR 15 billion.
About Empires & Puzzles
Empires & Puzzles is a unique combination of match-3 battling with a tactical twist, base building and hero collecting. Players match shields on the battlefield to send forth their troops. The game provides dozens of troops and heroes to summon and upgrade. Each of the heroes has their own powerful special attacks that play a key role in the battles. Players can also participate in player versus player battles, or create alliances with other players in a co-op gameplay mode. Empires & Puzzles is an entry-level role playing game that is easy to learn but hard to master. The game is free to play, and available for iOS and Android mobile devices. For more information please visit Empires & Puzzles Facebook page, Twitter and our website at http://www.smallgiantgames.com.
Jonas “O.J” Ek
The Gaming Ground
More by Jonas Ek: