Finnish mobile games studio startup, Koukoi Games, recently raised its first investment round amounting to $1 million from 25 different investors.
Koukoi Games was founded earlier this year, and the studio focuses solely on producing high quality mobile games with a team that already consists of 10 employees.
But as of this week the, company got some extra fuel for their engines, as they received $1 million in investments. Frontier Singapore’s partners Mikko Silventola and Jari Talvinen led the fundraising round, and among the 25 investors are several high-profiled Finnish business veterans, such as former F-Secure CEO, Kimmo Alkio.
Read more about: How Koukoi Games Manages 12 Employees as a Startup
The investment will be used to finish the studio’s first game, which is set to soft launch later this year, but also to make sure the game does well not only in Western markets, but also in Asia, once it launches.
“Together with Frontier, the company’s target is to start having a strong market presence in Asia – starting from Singapore and expanding towards other areas”, a recent press release from Koukoi Games says.
Lastly, although the studio doesn’t reveal much details about it yet, the press release also mentioned that the funding will also be used to “make a fast leap forward in other, still unannounced, business areas in the game industry.”.
Whatever these new business areas are is still unknown, and for now only the future will tell.
Koukoi Games’ Crashing Season is set for a global release early next year.