Saturday, April 6, 2013
Techcrunch: Gaming startup Supercell is closing a round above $100M at valuation around $800M
Supercell, the Clash of Clans and Hay Day developer, is in the middle of raising more than $100 million in a funding round, according to TechCrunch. The Company also boasts a valuation of $800 million. Clash of Clans and Hay Day generate around a combined $1.3 million per day.
Details of the deal suggest that Supercell has sold between 15 and 20 percent of the company for between $120 million and $160 million. Institutional Venture Partners, Atomico and Index Ventures are the new investors.
Supercell is a mobile gaming company from the city of Helsinki, Finland. Rovio, the Angry Birds developer, is located in the Helsinki metropolitan area as well.
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