How Supercell approaches investing in mobile game developers

Posted byby Dean Takahashi
September 21, 2016
Updated June 18, 2025
3 min

Supercell made a rare move today by investing $7.8 million in Finnish game developer Frogmind, maker of the Badland series. It’s a small amount of cash, but Helsinki-based Supercell has plenty of money to put to work, if it wishes. Supercell has two of the hottest games on Earth: Clash Royale, which just took back the No. 1 spot in the app store from Pokémon Go, and Clash of Clans.

Clearly, any investment from Supercell is extremely valuable because the company has such rare insights into what makes mobile games work.

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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.