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Buoyant Helsinki: Small Giant Games raises $3.1 million

Round led by Creandum
Buoyant Helsinki: Small Giant Games raises $3.1 million
Date Type Companies Involved Size
Oct 22, 2014 investment Capital A Partners Creandum PROfounders Small Giant Games Spintop Ventures $3.1m

Despite the troubles at Rovio, it looks like the view from industry group Tekes that the Finnish games industry remains in rude health is being fulfilled.

Certainly startup Small Giant Games is off to a flying start, adding a $3.1 million investment round to $750,000 seed round it raised in October 2013.

The lead investor of the round was the Nordic-focused Creandum.

Other investors were PROfounders, Spintop Ventures, Capital A Partners and a group of private investors including AltEgo's Gregory Milken and ex-F-Secure founder Risto Siilasmaa.

Up, up and away

The deal comes as Small Giant is working on its debut F2P title Oddwings Escape, which is aimed to launch globally in the beginning of 2015.

Described as a "new type of flying game" it's said to combine innovative one-touch control mechanics with detailed graphics and physics-enhanced character animations.

"We were impressed by the Small Giant team and the approach they've taken with their debut title," said Creandum's Daniel Blomquist.

"We are confident that the team's strong technical, visual and animation expertise, and the fresh approach to free to play mechanics will result in a series of original and successful casual games."

Small Giant is also hiring.