Clash Royale maker Supercell has invested $2.9 million in Helsinki-based Shipyard Games, which is making a location-based mobile game.
The deal is the second example of Supercell’s new strategy of investing in external mobile game companies. In September, Supercell acquired 51 percent of Badland game developer Frogmind for $7.8 million. Supercell is a major player in mobile, as it has produced enormous mobile game hits such as Clash Royale and Clash of Clans. China’s Tencent acquired an 84 percent stake in Supercell in 2016 at a $10.2 billion valuation.
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