News

Brawl Stars dev Supercell invests $3.8m in Malmo start-up Luau Games

Date Type Companies involved Size
May 6th, 2019 acquisition Luau Games
Supercell
$3.8m
Brawl Stars dev Supercell invests $3.8m in Malmo start-up Luau Games

Brawl Stars and Clash of Clans developer Supercell has invested €3.4 million ($3.8m) in Swedish start-up Luau Games.

The development studio was founded by former King studio art director Stephane Stamboulis and fellow ex-King art director Michel Savariradjalou. The 15-person outfit is said to also include former EA and Zynga talent among its team.

The studio is based at the Swedish start-up accelerator Minc in Malmo, which supports new companies with funding and access to services from the likes of Google Cloud, IBM, Amazon, Microsoft and more.

Luau's first title was Bouncy Tins, though the game is no longer available.

Joining the Supercell family

"Whenever we think about partnering with a new studio, we always look at the team and the culture first and foremost," Supercell developer relations Jaakko Harlas told PocketGamer.biz.

"Luau has an exceptionally experienced team of games industry veterans, led by Stephane and Michel, with a track record of making games that are played by millions of players all over the world, and a culture that allows developers to focus on what they're passionate about - making great games.

"We're thrilled that they are joining the Supercell family and very excited to be making our first investment in Malmo's development community, one of the most vibrant and dynamic in Europe. We can't wait to see what games the team come up with as they start their journey in their new studio."

Luau Games joins Supercell’s ever-growing investment portfolio that includes the likes of US studio Redemption Games ($5m), UK developer Trailmix ($4.2m) and Finnish outfit Shipyard Games ($2.9m).

Supercell’s acquisitions meanwhile include London studio Space Ape ($55.8m for a 62 per cent stake) and Finnish dev Frogmind (picking up a 51 per cent stake).

Looking for investment or companies to invest in? Check out the Investor Connector at  Pocket Gamer Connects Hong Kong (July 17th to 18th).


Senior Editor

Craig Chapple is Senior Editor of PocketGamer.biz and InfluencerUpdate.biz. He was previously Deputy Editor at Develop and Online Editor at Nintendo of Europe.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies