Strawbees receives investment from Finnish company Teacher Gaming.
Strawbees, a Gothenburg, Sweden-based company announced receiving around 750k SEK ($88k) from the Finnish gaming company Teacher Gaming.
The transaction values the company at SEK 39M. Teacher Gaming, which now operates under the name 5 More Minutes, has developed the Minecraftedu school game, acquired by Microsoft at the beginning of 2016.
Strawbees was founded in 2014 and is led by CEO Erik Bergelin. The company had sales of SEK 2.4M ($300k) in 2015.