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Finance

London Venture Partners unveils first investment

Wed 16 Feb 2011 12:04pm GMT / 7:04am EST / 4:04am PST
OnlineFinance

Finnish browser dev Supercell to receive undisclosed sum as it unveils new title Gunshine

London Venture Partners, the investment firm set up by industry heavyweights Phil Harrison, David Gardner, David Lau-kee and Paul Heydon, has revealed the first company it will be supporting as Finnish browser developer Supercell.

The company, which saw its latest project - Gunshine - enter closed beta today was founded by a group of industry veterans, many of whom worked together at Digital Chocolate previously.

"Great start-up Supercell just went beta today with their new game Gunshine," Tweeted Phil Harrison, who formerly held president roles at Sony Worldwide Studios and Atari. "Wishing them every success."

And Supercell CEO, Ilkka Paananen - formerly president of Digital Chocolate - told GamesIndustry.biz that the undisclosed sum would be used to "fuel the future growth of the company - basically getting even more talented people on board who will help us make Gunshine.net an even better experience for our users."

London Venture Partners was established in 2010 as a vehicle to provide investment into disruptive new technology in the online, social, mobile and web game space.

6 Comments

Nicholas Lovell Founder, Gamesbrief

200 215 1.1
Congratulations to Phil, the Davids and Paul. Great to see that LVP has raised capital and is now investing.

Posted:3 years ago

#1

Jacob Riis Communication Director, Nordic Game Program

3 15 5.0
I say congrats to Supercell as well... :-)

Posted:3 years ago

#2

Ola Holmdahl General Manager, Junebud AB

4 0 0.0
Very exciting news! Best of luck to Supercell.

Posted:3 years ago

#3

Andrew Ihegbu Studying Bsc Commercial Music, University of Westminster

466 177 0.4
This bodes well for the industry. Good to see!

Posted:3 years ago

#4
Congrats both LVP and Supercell!

Posted:3 years ago

#5

Mazeltof Conceptual Imagineer

8 7 0.9
Congratulations!

Posted:3 years ago

#6

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