Supercell Invested $37 Million USD into Space Ape Games
Colin Smith — July 7, 2022 — Business
References: spaceapegames & venturebeat
Supercell announced a new $37 million USD investment in the mobile game developer 'Space Ape Games.' Space Ape Games is most known for its engaging 'Beatstar' hybrid rhythm game which has topped the mobile game charts in numerous countries. Supercell has previously invested a large sum of capital into Space Ape Games in 2017 where it secured itself 62.6% of the company. Now, with the additional $37 million, Supercell will own over 75% of Space Ape Games.
As part of this investment, the two mobile game developers will collaborate on future projects while creating more engaging titles for some of their most popular games, such as 'Clash of Clans' or 'Boom Beach.' Currently Space Ape Games is focusing its efforts on 'Boom Beach: Frontlines,' an action strategy game based on Supercell's original beach-themed strategy game.
Image Credit: Space Ape Games
As part of this investment, the two mobile game developers will collaborate on future projects while creating more engaging titles for some of their most popular games, such as 'Clash of Clans' or 'Boom Beach.' Currently Space Ape Games is focusing its efforts on 'Boom Beach: Frontlines,' an action strategy game based on Supercell's original beach-themed strategy game.
Image Credit: Space Ape Games
Trend Themes
1. Mobile Game Developer Collaborations - Collaborations between mobile game developers such as Supercell and Space Ape Games will become increasingly popular, creating opportunities for innovative new games.
2. Investments in Mobile Game Developers - More investors will be attracted to mobile game developers, especially those with popular games like Space Ape Games, leading to more funding opportunities.
3. Hybrid Rhythm Games - Hybrid rhythm games like Space Ape Games' 'Beatstar' will continue to gain popularity, creating opportunities for innovative new game designs that merge music and gameplay in unique ways.
Industry Implications
1. Mobile Gaming - Investments and collaborations in mobile game development will disrupt the mobile gaming industry, opening up new opportunities for innovative game designs and business models.
2. Investment - The success of Supercell's investment in Space Ape Games will attract more investment in mobile game developers, disrupting the investment industry and creating new funding opportunities for start-ups.
3. Music - The popularity of hybrid rhythm games like Space Ape Games' 'Beatstar' will disrupt the music industry, creating new opportunities for musicians to collaborate with game developers and offset declining music sales.
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