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Finnish mobile studio Metacore has secured €150 million in funding from Clash of Clans maker Supercell.

Chris Kerr, News Editor

May 5, 2021

1 Min Read

Finnish mobile studio Metacore has secured a €150 million ($181.2 million) investment (in the form of credit line) from existing investor and Clash of Clans maker Supercell. The cash will be used to support Metacore's growth plans following the successful launch of its debut title Merge Mansion

Metacore said Merge Mansion now has more than 800,000 daily players, and noted its own annual revenue run rate has topped €45 million ($54.3 million). Company founder and CEO Mika Tammenkoski explained the studio wants to carry that momentum forward by building a "truly global entertainment brand" around Merge Mansion.

Supercell, which is owned by Chinese tech and video game company Tencent, has previously sunk a combined €30 million ($36.2 million) into Metacore since 2018.

"Metacore is going from strength to strength. Merge Mansion launched globally against very high expectations, and it’s safe to say that Metacore not only met those expectations, but also showcased what an exceptional team they are," said Supercell investment lead Jaakko Harlas.

"We invest first and foremost in exactly that -- strong teams, and their ability to make amazing games independently. Our role as investors is only to offer support and remove obstacles that prevent our portfolio companies from realizing their true potential."

About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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