Appcharge Secures Funding from Creandum, Supercell and Bitkraft
– 1 min read
The Israeli start-up Appcharge has raised around 26 million US dollars in a recently concluded round of financing. The DTC service provider was supported by existing investors, as well as by Creandum, Supercell and Bikraft, among others.
The ongoing lawsuits against Apple and Google for their role as gatekeepers for the mobile business are inspiring investors in alternative business models. Appcharge is currently also benefiting from this. The service provider for direct-to-consumer business in mobile gaming raised around $26 million in fresh capital in the latest Series A financing round. The company announced this on its blog.
The investors include existing investors such as Play Ventures, Glilot Capital Partners and angel investors, but also new investors. The financing round was led by Creandum, an international VC investor that maintains offices in Stockholm, London, San Francisco and Berlin. Other investors include Supercell and BitKraft Ventures, the investment company of ESL co-founder Jens Hilgers.
Miikka Luotio, who moved from Xsolla to Appcharge a year ago after setting up the US service provider's European HQ in Berlin, is responsible for Appcharge's European business.
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Stephan is Editor in Chief
