supercell

Supercell’s CEO talks about its majority owner Tencent, finding its next hit and more

Mobile games maker Supercell has been one of the great, understated breakthroughs of the European startup world. The Helsinki-based mobile games maker built an empire out of Clash of Clans, raking in

European VC firm Pale Blue Dot plans to fund 40 ‘planet-positive’ startups

Pale Blue Dot, a newly outed European venture capital firm focused on climate tech, announced this week the first closing of its debut fund at €53 million. Targeting pre-seed and seed stage startups

Pale Blue Dot is a new early-stage fund backing ‘climate-focused’ startups in Europe

Pale Blue Dot, a new “climate only” venture capital firm located in Malmö, Sweden, is officially de-cloaking today, with a first close of €53 million. Primarily targeting startups in Eu

End Game, the startup behind Zombs Royale, raises $3M

End Game Interactive CEO Yang C. Liu has a refreshingly straightforward description of what he and his co-founder Luke Zbihlyj are up to: “We’re just building games. And to be honest, we don&#

Tencent to grow gaming empire with $148M acquisition of Conan publisher Funcom in Norway

Tencent, one of the world’s biggest video and online gaming companies by revenue, today made another move to help cement that position. The Chinese firm has made an offer to fully acquire Funcom

China Roundup: WeChat’s new focus on monetization

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. At the beginning of each yea

Daily Crunch: Free Spotify comes to Alexa

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe her

Tencent to take 29% stake in multiplayer games maker Funcom

Chinese social media and gaming giant Tencent is taking a 29% stake to become the largest shareholder in Oslo-based Funcom. The indie games developer is responsible for multiple adaptations involving

Mobile gaming is a $68.5 billion global business, and investors are buying in

By the end of 2019, the global gaming market is estimated to be worth $152 billion, with 45% of that, $68.5 billion, coming directly from mobile games.

Northzone’s Paul Murphy goes deep on the next era of gaming

As the gaming market continues to boom, billions of dollars are being invested in new games and new streaming platforms vying to own a piece of the action. Most of the value is accruing to the large i

Caterina Fake is known for her trend-spotting; here’s some of what she’s chasing now

Roughly a year ago, entrepreneurs Caterina Fake and Jyri Engeström decided to form a traditional venture outfit called Yes VC. Fast forward, and the duo has nearly closed on $50 million for their deb

Tencent left out as China approves the release of 80 new video games

Chinese internet giant Tencent has been excluded from the first batch of video game license approvals issued by the state-run government since March. China regulators approved Saturday the released o

Pan-European seed fund firstminute hits a final fund close of $100M

New UK early stage VC firstminute Capital launched in June last year to the tune of $60m, with European VC Atomico as its first cornerstone investor. They were joined by 30 unicorns founders from Euro

Supercell acquires 62% of London’s Space Ape Games for $55.8M

Some consolidation is afoot in the world of gaming. Today, Space Ape Games — a London social and mobile games studio founded by alums from Playfish, Mind Candy and EA — announced that Supe

The 11 biggest tech acquisitions of 2016

Unlike IPOs, 2016 was pretty active for tech M&A. The year resulted in $612.9 billion in global tech deals, according to Dealogic, which made it the second best year for acquisitions. It nearly ke

Tencent confirms deal to buy majority stake in Supercell from SoftBank for $8.6B

It is finally confirmed: Tencent has announced that it has acquired a majority ownership of Supercell, the Finnish firm behind hit game Clash Of Clans, for around $8.6 billion.

Tencent reportedly eyes majority stake in Supercell, plans tie-ups with Publicis, LVMH

China’s Internet giant Tencent has been expanding its international reach in areas like games and advertising, and as part of that, the company is picking up its dealmaking in Europe. The Wall

Nokia and Skype strongmen invest in Finnish food delivery app

Dennis Mitzner Contributor Dennis Mitzner is a journalist and writer with a focus on tech, culture and politics. He also writes about e-commerce and retail for Forbes. More posts by this contributor M

SoftBank Ups Its Stake In Supercell To 73% As Sole External Shareholder

Some ownership changes afoot at Supercell, the mobile gaming giant out of Finland behind blockbuster titles like Clash of Clans and Hay Day. Japan’s SoftBank has upped its stake in the startup t

Walking Dead Game Dev, Next Games, Lands $6M Series A From IDG & Early Supercell Investor Jari Ovaskainen

Games making hub Finland — land of Rovio and Supercell, to name a couple of the higher profile games studios tucked up near the Arctic circle — has attracted another tranche of outside in
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