The gaming industry is bigger than the music and movie industry combined and the sector is only going to grow bigger. With lockdown and social distancing in effect, people turned to gaming as an activity for unwinding and having fun at home. Additionally, game creator studios too reported significantly increased sales during this period. The Finnish mobile game company Metacore has also reinvented itself and it landed a notable €25M in fresh financing, all while launching a new gaming title.
Metacore raises €25M in equity and additional funding
Metacore was previously known as Everywear Games. The company has rebranded itself and also raised a €15M investment and a €10M credit line from Supercell, which is another Finnish game developer with notable mobile games titles under its belt, including Clash of Clans. The latest investment will help Metacore fuel the global release of its first title, Merge Mansion.