PRESSRELEASE: CAP A finishes $3,1 milj round for gaming company SMALL GIANTS
”Helsinki, Finland, October 22, 2014 – Finnish game studio Small Giant Games today announced the completion of their investment round. The company raised $3.1 million for launching their first game and for development of several new titles. The lead investor of the round was Stockholm and Palo Alto based Creandum, followed by PROfounders, Spintop Ventures and Capital A Partners. A group of private investors also joined the round, including Gregory Milken and Risto Siilasmaa.
“It’s not possible to succeed in the fiercely competed mobile games market just by copying existing popular games – you need to create new and unparalleled game features and experiences, which shape the existing genres and create entirely new ones. One of our goals is to raise the quality of character animations in mobile games to a new level”, Small Giant Games CEO Timo Soininen says. “We are thrilled to get experienced investors to back our vision of creating beautiful and engaging multiplayer games with small focused teams.” Soininen continues.”
About Capital A Partners
Capital A Partners, ”Cap A”, is an early stage, US based VC firm with a presence in Stockholm, Sweden and Charleston, SC. Cap A has invested in 12 companies in the US and Nordic region with Fund I and looks for unique technologies or products with a global customer base, in the software, industrial and consumer sectors. For more information, please visit: www.capitalapartners.com