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Angry Birds defectors latest to score in Finnish game investment boom

Finnish start-up Boomlagoon -- consisting of three former Angry Birds developers from Rovio -- is the latest to attract international funding in what has become an investment boom in the region.

Frank Cifaldi, Contributor

November 28, 2012

1 Min Read

A trio of defectors from Angry Birds maker Rovio are the latest to benefit from a rush of investment money being thrown at mobile game developers in Finland. Developer Boomlagoon -- which Gamasutra first revealed in April -- has received investment funding from Finland's Jari Ovaskainen and game investment group London Venture Partners. The sum of the investment was not disclosed. The duo of Ovaskainen and LVP are also investors in Finnish developer Supercell. The Finnish video game industry has grown 57 percent year-on-year, according to a recent report from Bloomberg. In addition to Boomlagoon and Supercell, Shadow Cities developer Grey Area, mobile game ad network Applifier and Rovio itself have also been the recipients of international venture money as of late. Boomlagoon was founded by industry veterans (and Angry Birds developers) Antti Sten, Tuomas Erikoinen and Ilkka Halila earlier this year. The first of what Ovaskainen describes as "a compelling pipeline of upcoming titles" is launching "soon."

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