Empires & Puzzles has more than 10 million downloads.
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Empires & Puzzles maker Small Giant Games raises $41 million for mobile titles

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Finnish gaming companies have a strong record of on mobile, and the latest example is Small Giant Games, which is announcing today that it has raised $41 million in funding. The Helsinki-based studio of Empires & Puzzles has seen its first game generate more than 10 million downloads and $33 million in revenue in less than a year.

The money comes from lead investor EQT Ventures and existing investors Creandum, Spintop Ventures, and Profounders. Small Giant Games will use part this to expand internationally, expand its developer and graphic designer staff, and continue to invest in Empires & Puzzles.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.