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Koukoi Games raises $1 million to work on licensed Hollywood IP games

Funding from IPR.VC and TEKES
Koukoi Games raises $1 million to work on licensed Hollywood IP games
Date Type Companies Involved Size
Oct 11, 2016 investment Koukoi Games Tekes $1m
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Crashing SeasonKoukoi Games has raised $1 million to support its push into developing games based on licensed IP.

The funding comes from VC fund IPR.VC and Tekes, the Finnish Funding Agency for Innovation.

The Finnish studio's next game will be based on a licensed IP for an upcoming Hollywood production - which could be a TV series or feature film.

Koukoi is also looking to expand its reach in the licensed IP market by working with new partners in the future.

The next mobile game success story

"Through this funding Koukoi's chances to create the next mobile game success story are further improved," said Koukoi Games CEO Antti Kananen.

"This move also makes it possible for Koukoi to begin producing high quality mobile games in the IP market alongside our own original productions.

"We are now able to work and collaborate with for example world famous movie studios and brands which in turn greatly raises the potential for major success."

Koukoi was founded in 2015 by a number of ex-Rovio and Nokia staff. The studio raised $1 million in its first funding round.