informa
1 min read
article

Supercell invests $2.9M in Helsinki-based Shipyard Games

Clash Royale creator Supercell has invested $2.9 million into Shipyard Games, netting itself a minority stake in the Helenski-based company.

Clash Royale creator Supercell has invested $2.9 million into Shipyard Games, netting itself a minority stake in the Helsinki-based company.

VentureBeat reports that Shipyard Games is currently in the process of creating a location-based mobile game inspired in part by the success of Pokemon Go that is due out early next year.  But what makes this multimillion dollar investment especially notable is that Shipyard Games itself is roughly 2 months old at the time of Supercell’s funding.

The team at Shipyard includes three former employees of Grey Area, which created a location-based game called Shadow Cities in 2011.

This marks the second notable investment into other mobile development studios made by Supercell in the past year. Last September, Supercell picked up 51 percent of Badland creator Frogmind for $7.8 million. Meanwhile, Supercell itself was acquired by the Chinese company and mobile giant Tencent last year for $8.6 billion. 

Latest Jobs

Treyarch

Playa Vista, California
6.20.22
Audio Engineer

Digital Extremes

London, Ontario, Canada
6.20.22
Communications Director

High Moon Studios

Carlsbad, California
6.20.22
Senior Producer

Build a Rocket Boy Games

Edinburgh, Scotland
6.20.22
Lead UI Programmer
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more