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Supercell

Europe, Southern Finland, Finland, Helsinki

Description

Supercell, globally recognized as a leading mobile game developer behind blockbuster titles like Clash of Clans and Brawl Stars, has also emerged as a significant strategic investor within the gaming industry. Operating more as a corporate venture arm than a traditional venture capital firm, Supercell's primary focus is on nurturing and expanding the mobile gaming ecosystem. Their investment thesis centers on backing promising game studios that demonstrate strong creative vision, innovative technology, and the potential to develop globally successful mobile games. This approach allows them to support the broader industry while identifying potential future partners or acquisitions that align with their core business.

Supercell's investment activities are highly targeted, almost exclusively directed towards fellow game development companies. They often take on the role of a lead investor, providing substantial capital and strategic guidance to their portfolio companies. For instance, in 2021, Supercell led a $4.2 million seed round for UK-based Trailmix Games, demonstrating their commitment to early-stage innovation. Similarly, in 2022, they led a substantial $30 million seed round for Finnish game development platform HypeHype, showcasing their willingness to inject significant capital into ventures they believe have disruptive potential. These investments are not merely financial; they often come with the benefit of Supercell's deep industry expertise, marketing reach, and operational insights.

The company's investment strategy extends beyond typical venture capital, sometimes involving majority stake acquisitions to integrate promising studios more closely into their network. A notable example is their acquisition of a majority stake in UK-based Space Ape Games for $55.8 million in 2017, further solidifying their presence in the mobile gaming landscape. Supercell's investments are characterized by a long-term perspective, aiming to foster sustainable growth and innovation within the mobile gaming sector. They seek out teams that align with their culture of creative freedom and excellence, often allowing portfolio companies to operate with significant autonomy.

In essence, Supercell acts as a strategic enabler for the next generation of mobile gaming talent. Their unique position as a highly successful developer themselves provides them with unparalleled insight into the challenges and opportunities within the industry. By deploying capital ranging from several million dollars for seed-stage companies to tens of millions for more established studios, Supercell plays a crucial role in shaping the future of mobile entertainment. Their commitment to supporting fellow developers underscores their vision for a vibrant and innovative global gaming community.

Investor Profile

Supercell has backed more than 29 startups, with 5 new investments in the last 12 months alone. The firm has led 15 rounds, about 52% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Finland, United States, United Kingdom.
  • Strong thematic focus on Gaming, Video Games, Software.
  • Led 4 rounds in the past year.
  • Typical check size: $4.2M – $30M.

Stage Focus

  • Seed (34%)
  • Series Unknown (24%)
  • Series A (17%)
  • Debt Financing (10%)
  • Corporate Round (7%)
  • Series C (3%)
  • Pre Seed (3%)

Country Focus

  • Finland (34%)
  • United States (24%)
  • United Kingdom (10%)
  • Spain (7%)
  • Sweden (7%)
  • Germany (3%)
  • New Zealand (3%)
  • China (3%)
  • Israel (3%)

Industry Focus

  • Gaming
  • Video Games
  • Software
  • Pc Games
  • Android
  • Mobile
  • Information Technology
  • Online Games
  • Digital Entertainment
  • Mobile Apps
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Supercell frequently co-invest with?

500 Startups Vietnam
Asia, NA - Vietnam, Vietnam, Ho Chi Minh City
Co-Investments: 1
LVP
Europe, England, United Kingdom, London
Co-Investments: 2
Miniclip
Europe, Neuchatel, Switzerland, Neuchâtel
Co-Investments: 2
Riot Games
North America, California, United States, Los Angeles
Co-Investments: 2
Electronic Arts
North America, California, United States, Redwood City
Co-Investments: 1
Makers Fund
North America, California, United States, San Francisco
Co-Investments: 1
Skycatcher
North America, Texas, United States, Austin
Co-Investments: 2
Alven
Europe, Ile-de-France, France, Paris
Co-Investments: 1
Streamlined Ventures
North America, California, United States, Palo Alto
Co-Investments: 2
COLOPL
Asia, Tokyo, Japan, Tokyo
Co-Investments: 1

Which angels does Supercell often collaborate with?

Shared Deals: 1
AC
North America, California, United States, Santa Monica
Shared Deals: 1
Danny Epstien
North America, California, United States, Santa Monica
Shared Deals: 1
MD
North America, Massachusetts, United States, Northampton
Shared Deals: 1
SB
North America, California, United States, Los Angeles
Shared Deals: 1
KL
North America, California, United States, San Francisco
Shared Deals: 1
HT
North America, Alabama, United States, Huntsville
Shared Deals: 1
Jaesung Park
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Shared Deals: 1
HZ
Europe, Zurich, Switzerland, Zürich
Shared Deals: 1
DH
Europe, Gullbringusysla, Iceland, Reykjavík
Shared Deals: 2

What are some of recent deals done by Supercell?

Applivery

Madrid, Madrid, Spain

Unified Apple and Android Device Management & Advanced App Distribution for Enterprise App Store

AndroidAsset ManagementB2BCyber SecurityEnterprise SoftwareIT ManagementMobileMobile AppsMobile DevicesSoftware
Series UnknownMar 12, 2025
Appcharge

Tel Aviv, Tel Aviv, Israel

Appcharge provides a global payment solution for direct-to-consumer sales.

GamingMobile PaymentsPaymentsVideo Games
Series ANov 25, 2024
Amount Raised: $26,000,000

Penguin Armada produces and develops video games.

ComputerGamingVideo Games
Series UnknownNov 1, 2024
Future Run

Tampere, Western Finland, Finland

Future Run is a game development studio.

GamingPC Games
SeedOct 3, 2024
Redly Games

Helsinki, Southern Finland, Finland

Redly Games is a gaming startup that specializes in 3D adventure game in Unreal Engine.

3D TechnologyGamingVideo Games
Pre SeedSep 13, 2024
Bitmagic

Helsinki, Southern Finland, Finland

Bitmagic creates a game concept, builds a background story and creates an immersive 3D world

SeedJul 2, 2024
Amount Raised: $4,288,211
Games for a living

Barcelona, Catalonia, Spain

Games for a Living is a blockchain video game developer.

BlockchainVideo Games
SeedApr 29, 2024
Amount Raised: $3,200,000
Phantom Gamelabs

Helsinki, Southern Finland, Finland

Phantom Gamelabs is a mobile game studio that specializes in multiplayer Action RPGs and Looter Shooter games.

GamingInformation TechnologySoftware
SeedMay 5, 2023
Space Ape

London, England, United Kingdom

Space Ape creates mobile games for apple and android smartphones.

AndroidGamingMobilePC GamesVideo Games
Series UnknownJul 7, 2022
Amount Raised: $37,000,000
Space Ape

London, England, United Kingdom

Space Ape creates mobile games for apple and android smartphones.

AndroidGamingMobilePC GamesVideo Games
Debt FinancingJul 7, 2022
Amount Raised: $50,000,000