Next Games raises USD 10 million in Financing

Avance advises Next Games, a Finnish mobile game company, in raising USD 10 million of financing from its existing investors. Led by IDG and Jari Ovaskainen, and backed by AMC Networks, Lionsgate, Lowercase and a number of private investors, the new funding will be used to fuel the growth of the company’s existing mobile titles, as well as an unannounced third project currently in development.

Next Games’ latest published title The Walking Dead: No Man’s Land has racked up nearly 10 million downloads to date, having placed within the top 100 grossing games in over 80 countries on the App Store and 70 countries on Google Play.