The studio is being funded by a number of European investors including Northzone, Inventure and 360 Capital Partners, who are joining angel investor Jari Ovaskainen and London Venture Partners.
"We have been very impressed by the Boomlagoon team, and believe they have a unique understanding of how to drive casual mobile games to broad markets," says Torleif Ahlsand, General Partner in Northzone, in a statement. "All games from Boomlagoon are based on memorable characters and a clear strategy on monetization. I really look forward to joining the board to work with them to make their ambitious goals a reality."
Boomlagoon was founded by the former Rovio developers in 2012, and later launched its first mobile release Noble Nutlings. The studio is currently made up of eight staff members, with plans to expand the team using the funding raised.