eqtventures

Mobile gaming experiences you simply won’t forget

Lars Jörnow

EQT Ventures has led a growth financing round for Finnish game developers, Small Giant Games.

The €5.4 million investment round was also joined by the company’s earlier investors Creandum, Spintop Ventures, PROfounders and First Fellow Partners.

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.

“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.” says Lars Jörnow, Founding Partner at EQT Ventures.

Timo Soininen, CEO at Small Giant Games says: “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.” The investment of 5,4M Euros will be used to market its brand new title Empires & Puzzles as well as to build new games. 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.