supercell

So-called “tech for good” accelerators addressing such worthy sounding subjects as ESGs and SDGs have appeared in the last few years. Some observers have dismissed these efforts as scalable only…

Zinc heads toward new $41M tech-for-good fund to back pre-team talent solving big problems

Payments remains a very fragmented business around the world: depending on where you’re buying or selling something (and whether you are selling online or offline) you will have different “standard”…

Kevin raises $65M as it charges ahead on account-to-account payments over point-of-sale terminals

Last year, SEON, which has an anti-fraud platform designed to fight accounts raised a $12 million Series A. It does this by looking at a customer’s ‘digital footprint’ – especially…

Anglo-Hungarian anti-fraud platform SEON pulls in a $94M Series B led by IVP

VPN usage has surged in the last several years, with growing concerns over data privacy and security — and sometimes completely different motivations like people wanting to access content otherwise…

NordVPN raises its first money, $100M at a $1.6B valuation

The Russian App Store has lost 6,982 mobile apps since the start of the Ukraine invasion, as numerous companies have now pulled their apps and games from Apple’s iPhone and…

Russia’s App Store lost nearly 7K apps since its invasion of Ukraine, but some Big Tech apps remain

The success of Roblox and other user-created gaming experiences like Overwolf have democratized the concept of making games and have taken it into the mainstream. Now, a startup founded by…

Yahaha Studios, a platform for building no-code, immersive games, raised $50M in 3 rounds ahead of its launch this year

When TechCrunch asks Flowrite if it’s ‘Grammarly on steroids’, CEO and co-founder Aaro Isosaari laughs, saying that’s the comment they always get for the AI writing productivity tool they’ve been…

Flowrite is an AI writing productivity tool that wants to help you hit inbox zero

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues…

This Week in Apps: Apple defends app ad buying, Spotify gains lyrics, Instagram kills Threads

According to an SEC Form D filing, Sisu Game Ventures, a pre-seed and seed fund that invests in gaming startups has raised a $50 million first close of its new…

SEC Form D filing reveals new $50M Sisu Game Ventures fund aimed at gaming startups

Last year was a big one for China’s mobile scene as app publishers found new audiences and explored new advertising channels, many of which are here to stay.

What we can learn from China’s mobile gaming economy

Heartcore Capital, one of the few VCs to focus on consumer technology, has raised a $200 million early-stage fund for those kinds of startups across Europe. Heartcore IV, the firm’s…

Heartcore Capital bets on Europe with a $200M fund for consumer tech startups

Metacore, a Finnish mobile games company, seems to have an amazing “relationship” with Supercell, another (quite successful) Finnish mobile games company. Back in September 2020, Metacore raised $17.7 million in…

Supercell likes Metacore’s games so much it just gave it another $180M credit line

When Hampus Jakobsson, Heidi Lindvall and Joel Larsson, all well-known players in the European venture ecosystem, began talking about their new firm Pale Blue Dot, they began by looking at…

Pale Blue Dot aims to be Europe’s premier early-stage climate investor and has $100 million to prove it

Mobile games maker Supercell has been one of the great, understated breakthroughs of the European startup world. The Helsinki-based mobile games maker built an empire out of Clash of Clans,…

Supercell’s CEO talks about its majority owner Tencent, finding its next hit and more

Pale Blue Dot, a newly outed European venture capital firm focused on climate tech, announced this week the first closing of its debut fund at €53 million. Targeting pre-seed and…

European VC firm Pale Blue Dot plans to fund 40 ‘planet-positive’ startups

Pale Blue Dot, a new “climate only” venture capital firm located in Malmö, Sweden, is officially de-cloaking today, with a first close of €53 million. Primarily targeting startups in Europe…

Pale Blue Dot is a new early-stage fund backing ‘climate-focused’ startups in Europe

End Game Interactive CEO Yang C. Liu has a refreshingly straightforward description of what he and his co-founder Luke Zbihlyj are up to: “We’re just building games. And to be…

End Game, the startup behind Zombs Royale, raises $3M

Tencent, one of the world’s biggest video and online gaming companies by revenue, today made another move to help cement that position. The Chinese firm has made an offer to…

Tencent to grow gaming empire with $148M acquisition of Conan publisher Funcom in Norway

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.…

China Roundup: WeChat’s new focus on monetization

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you…

Daily Crunch: Free Spotify comes to Alexa

Chinese social media and gaming giant Tencent is taking a 29% stake to become the largest shareholder in Oslo-based Funcom. The indie games developer is responsible for multiple adaptations involving…

Tencent to take 29% stake in multiplayer games maker Funcom

Featured Article

Mobile gaming is a $68.5 billion global business, and investors are buying in

By the end of 2019, the global gaming market is estimated to be worth $152 billion, with 45% of that, $68.5 billion, coming directly from mobile games.

Mobile gaming is a $68.5 billion global business, and investors are buying in

As the gaming market continues to boom, billions of dollars are being invested in new games and new streaming platforms vying to own a piece of the action. Most of…

Northzone’s Paul Murphy goes deep on the next era of gaming

Roughly a year ago, entrepreneurs Caterina Fake and Jyri Engeström decided to form a traditional venture outfit called Yes VC. Fast forward, and the duo has nearly closed on $50…

Caterina Fake is known for her trend-spotting; here’s some of what she’s chasing now

Chinese internet giant Tencent has been excluded from the first batch of video game license approvals issued by the state-run government since March. China regulators approved Saturday the released of 80…

Tencent left out as China approves the release of 80 new video games

New UK early stage VC firstminute Capital launched in June last year to the tune of $60m, with European VC Atomico as its first cornerstone investor. They were joined by…

Pan-European seed fund firstminute hits a final fund close of $100M

Some consolidation is afoot in the world of gaming. Today, Space Ape Games — a London social and mobile games studio founded by alums from Playfish, Mind Candy and EA…

Supercell acquires 62% of London’s Space Ape Games for $55.8M

It is finally confirmed: Tencent has announced that it has acquired a majority ownership of Supercell, the Finnish firm behind hit game Clash Of Clans, for around $8.6 billion.

Tencent confirms deal to buy majority stake in Supercell from SoftBank for $8.6B

China’s Internet giant Tencent has been expanding its international reach in areas like games and advertising, and as part of that, the company is picking up its dealmaking in Europe. The…

Tencent reportedly eyes majority stake in Supercell, plans tie-ups with Publicis, LVMH

Even with billion dollar behemoths already in the food delivery market, Helsinki-based food delivery app Wolt has managed to raise $11 million fresh funding from heavyweight Nordic investors including the…

Nokia and Skype strongmen invest in Finnish food delivery app