King invests in Swedish game developer, Snowprint Studios

PunktB is a venture capital and venture management firm focusing on early-stage and growth investments.

King has made a large investment in Swedish mobile games developer Snowprint Studios as part of a multi-million dollar funding round for the company.

The studio was initially founded in December 2015 by Alexander Ekvall, former Director of Product at King.

Snowprint closed the $5.7 million funding round in mid-June.

Posted on August 2, 2016
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in Funding, Investments, Portfolio update, Update

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"There is a reason why entrepreneurs that have started and made an exit with their startups are repeatedly coming back to PunktB with their ideas and businesses. I am on my fourth venture now with Resolution Games. Previously I was part of the fantastic Candy Crush Saga with King. That had just not been possible without PunktB. If there will be a time in the future when I have an opportunity starting a venture, this will clearly be with my friends and mentors at PunktB."

Tommy PalmFounder of Resolution Games. Former Mobile Guru at King, Founder and CEO of Fabrication Games and Jadestone

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Tommy PalmFounder of Resolution Games. Former Mobile Guru at King, Founder and CEO of Fabrication Games and Jadestone

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