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Ada Ventures Closes Second Fund, at GBP63M

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Clash of Clans maker Supercell to take more risks in search of billion-dollar hit

Mobile games maker chief Ilkka Paananen says Finnish group will explore new genres having not released a title in years

Supercell revenue drops 4 2% to €1 7bn in 2023

Supercell has published its financial results for 2023, in which revenue dropped by 4.2% to €1.7 billion compared to la…

Supercell reports 2023 revenues drop 4% to $1 82B while profits dip 8%

Supercell reported its 2023 revenues were $1.82 billion, down 4.2% from a year earlier while a key measure of profitability was down 8%.

Bob W secures €40 million in Series B funding for continued pan-European expansion

Tech-powered hospitality operator, Bob W, has announced the completion of a €40 million Series B funding round. Led by Finnish venture capital company, Evli Growth Partnership, and joined by growth capital investors and prominent European entrepreneurs, including Taavet+Sten, the investment firm of Wise’s founder Taavet Hinrikus and Sten Tamkivi, Flashpoint, and Supercell’s co-founder Mikko Kodisoja along with existing investors.This considerable financial investment will power the Bob W brand to further develop its technology, and support fast-paced growth throughout Europe, where it currently operates design-led, sustainably-focused, full-service aparthotels in 10 countries and 17 cities.

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