Gaming start-up Nonstop Games, which has bases in Helsinki and Singapore, has raised 2.9 million dollars (2.2 million euros) in a seed round led by Nordic VC firms Creandum and Lifeline Ventures.
The company says it will use the investment to expand to San Francisco as well as launch the first of its core gaming titles — Heroes of Honor .
— We are extremely excited to be supported by world class investors in our mission to build the next generation of free-to-play games for touch devices, says Juha Paananen, CEO and Co-Founder of Nonstop Games.
Juha Paananen is the younger brother of Ilkka Paananen, CEO of Helsinki-based Supercell which has emerged as one of the most successful gaming companies in the world with Hay Day and Clash of Clans.
Nonstop will use the same business model that has made Supercell so successful. The game will be free to play, but players can pay to advance through the game faster, to customise their characters and villages, and to buy special items.
— We’ve been extremely excited about Nonstop Games since our initial investment in 2011 and we think they are building something revolutionary with their new game, says Petteri Koponen, Lifeline Ventures.
Heroes of Honor will launch later this spring. The game is based in a fantasy world with three different factions fighting for power. Players build towns and armies, form alliances, and perform coordinated attacks with their alliance members.
It features massive real-time battles between thousands of players which Nonstop claims has never been done before in mobile games.
Article is published in cooperation with Good News from Finland.