Grand Cru, a Finnish game developer, raised Eur 8.5 million (US $11 million) from a series A funding led by Idinvest Partners. This deal, which was also supported by Nokia Growth Partners and Qualcomm Ventures, brings the company's total funding to Eur12.5 million (over US $16 million).
"At Grand Cru, our name derives from our ultimate goal of delivering outstanding products that raise the bar on quality, and our commitment has been recognized and bolstered by these investments from partners such as Idinvest, Qualcomm Ventures and Nokia Growth Partners," said Grand Cru's CEO and co-founder Markus Pasula.
Grand Cru, which has been seen as Helsinki's next mobile hitmaker, has received several awards in the past year. It has been recognized as one of Wired Magazine's hottest startups in Europe. It has likewise won the AWS Startup challenge for 2013 and has qualified as finalist during the 2013 London Web Summit.
Meanwhile, Idinvest Partner Guillaume Lautour said in a statement that they have been supporting the development studio since its seed stage. "The exceptional quality of the team led us to confirm our long-term commitment to help Markus Pasula build a world-class studio," Lautour added.
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