Finland’s Koukoi Games raises over $1 million for a Hollywood-based mobile game

Finland-based mobile game developer Koukoi Games has announced today that it has entered a new investment partnership with media focused venture capital fund IPR.VC and Tekes: the Finnish Funding Agency for Innovation. Contributions from the two bring investments for Koukoi to over $1 million. Koukoi says that it will use the money to focus on unspecified intellectual property-based mobile gaming.

The mobile industry is worth $36 billion, but it’s filled with competition. Basing a game on a strong IP can give it a better chance at finding an audience.