December 14th, 2004 by Arjan Olsder Posted in Companies & M&A | No Comments »
Finnish mobile graphics and gaming company Fathammer has received a capital investment of one million euros from Sitra. Founded in 2000 by a group of industry veterans with backgrounds in gaming, telecommunications and mobile technology, Fathammer now has offices in Helsinki and Seoul, Korea.
With this investment, Sitra will become the third largest shareholder of Fathammer. Previous investors include 3i, funds managed by Nexit Ventures and a group of individual investors. The investment will be used to strengthen Fathammer’s position as an international mobile game developer and distributor. More …