Koukoi Games Raises $1M from IPR.VC and TEKES to Develop Licensed IP Mobile Games

Finland 11 October 2016
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Oulu, Finland: Koukoi Games from Oulu, Finland has formed a new investment partnership with media focused VC fund IPR.VC and TEKES: the Finnish Funding Agency for Innovation. Koukoi’s ongoing path to Intellectual Property based game development has led to the parties reaching an agreement about Koukoi making a strong entry to the IP game market through licensing a remarkable IP and developing and publishing a mobile game based on the IP.

Contributions by the media focused VC fund IPR.VC and the Finnish innovation funding agency TEKES bring the total sum to over 1 million dollars.

“Through this funding Koukoi’s chances to create the next mobile game success story are further improved. This move also makes it possible for Koukoi to begin producing high quality mobile games in the IP market alongside our own original productions. We are now able to work and collaborate with for example world famous movie studios and brands which in turn greatly raises the potential for major success.” says Koukoi Games CEO Antti Kananen.

Koukoi has already started their first licensed IP production, based on an upcoming “Hollywood” title, and are reportedly “very excited” about it. The company will also continue on expanding in the market by searching for new partners for future cooperation. More information and details will be revealed soon.

About Koukoi Games
Koukoi Games is a mobile game startup from Oulu, Finland. Founded in 2015, Koukoi Games has focused on producing mobile games featuring exceptional production value and truly memorable experiences. The team includes game and tech industry veterans, and includes employees from Nokia and Rovio Entertainment. In 2015, Koukoi also raised $1M seed funding. Go to koukoi.com for more information.

Original story

Total investments received (USD): 2M

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