Mobile gaming company from Sweden, Funrock, raises SEK 2M at a 33M company valuation

Sweden 13 June 2016
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ADX search-founder Mikael Pettersson and Tommy Jönsson buy another 6 percent of the hyped gaming company Funrock.

Funrock previously has raised over SEK10 million in venture capital. The company creates strategy for mobile and has chosen to focus on the Arab market.

The transaction valued the company at SEK 33 million and in total Mikael Pettersson and Tommy Jönsson own 11% of the game studio.

Total investments received (USD): 7.8M

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