Finish game giant Supercell has invested in Malmo-based game startup Luau Games. Supercell has made some of the most successful mobile games ever, including Hay Day, Clash of Clans and Boom Beach. The company was bought by Chinese tech giant Tencent in 2016, valued at more than € 7.5 billion.
Supercell has now announced that they invested € 3.2 million (SEK 35 million) into Luau Games, a Malmo-based gaming studio. Luau Games was co-founded by Stéphane Stamboulis and Michel Savariradjalou in 2018, with an ambition to create the next generation of mobile games. Both of them were serving as art directors at King, the maker of famous Candy Crush. They settled at the startup hub Minc in Malmo with a crew of 15 experts who were working for game companies such as King, Electronic Arts and Zynga.
“I am super proud that we have gained the attention of the world’s absolute best mobile games developer,” Luau co-founder Stéphane Stamboulis told Sydsvenskan
Although Luau Games had launched its first game called Bouncy Tins, the game is not available any longer. Thus the plan ahead is to develop a new mobile game.
“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.” says Supercell developer relations Jaakko Harlas to PocketGamer.biz
Supercell has invested not only in Luau Games recently but also other companies. Supercell is now building its ever-growing investment portfolio. It includes US studio Redemption Games ($5m), UK developer Trailmix ($4.2m) and Finnish outfit Shipyard Games ($2.9m).