Stakeholders in the mobile game studio Supercell have established an investment fund that is set to invest heavily in new domestic start-ups. Initially, the fund will have 15 million euros at its disposal, the majority of which will be provided by key personnel at Supercell. While its resources remain limited in comparison to traditional investment funds, the fund will differentiate itself by concentrating on providing seed capital – the initial capital used to launch a business.
HS in English
Gaming millionaires set up seed capital fund
In general, start-ups receive their first external funding from angel, or private, investors, who according to the Finnish Business Angel Network (FiBAN) invested an average of 49,000 euros last year.