Finnish mobile studio Koukoi raises $1M to leverage 'remarkable' brands

Finnish mobile studio Koukoi Games has raised $1 million from media-focused venture fund IPR.VC and development agency Tekes. 

The cash injection will allow the Crashing Season developer -- founded last year with the help of former Rovio and Nokia devs -- to expand its portfolio with games based on popular IPs and brands. 

Although the studio hasn't revealed which IP it's currently looking to leverage, it has described the property as "remarkable."

"This move makes it possible for Koukoi to begin producing high-quality mobile games in the IP market alongside our own original productions," explained Koukoi Games' CEO Antti Kananen. 

"We are now able to work and collaborate with for example world famous movie studios and brands which in turn greatly raises the potential for major success."

Koukoi also raised $1 million in October 2015 after catching the eye of Frontier Accelrator's Singapore arm.