London Venture Partners unveils first investment

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 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 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.

Related stories

Supercell sales, earnings down in 2017

Clash Royale studio posts lowest numbers in three years, still brings in $810 million profit on more than $2 billion in revenue

By Brendan Sinclair

Supercell CEO hands over control to 15-year-old girl for the day

Clash of Clans developer takes part in International Day of the Girl campaign

By Haydn Taylor

Latest comments (5)

Nicholas Lovell Founder, Gamesbrief7 years ago
Congratulations to Phil, the Davids and Paul. Great to see that LVP has raised capital and is now investing.
0Sign inorRegisterto rate and reply
Jacob Riis Communication Director, Nordic Game Program7 years ago
I say congrats to Supercell as well... :-)
0Sign inorRegisterto rate and reply
Ola Holmdahl General Manager, Junebud AB7 years ago
Very exciting news! Best of luck to Supercell.
0Sign inorRegisterto rate and reply
Show all comments (5)
Congrats both LVP and Supercell!
0Sign inorRegisterto rate and reply
Mazeltof Conceptual Imagineer 7 years ago
0Sign inorRegisterto rate and reply

Sign in to contribute

Need an account? Register now.