Studio555 introduced right now that it has raised €4 million, or about $4.6 million in a seed funding spherical. It plans to place this funding in direction of making a playable app, a game-like expertise centered on inside design. HOF Capital and Failup Ventures led the spherical, with participation from the likes of Timo Soininen, co-founder of Small Big Video games; Mikko Kodisoja, co-founder of Supercell; and Riccardo Zacconi, co-founder of King.
Studio555’s founders embrace entrepreneur Joel Roos, now the CEO, CTO Stina Larsson and CPO Axel Ullberger. The latter two previously labored at King on the event of Sweet Crush Saga. In accordance with these founders, the app in growth combines inside design with the design and shopper enchantment of video games and social apps. Customers can create and design private areas while not having any technical experience.
The crew plans to launch the app subsequent yr, and it plans to place its seed funding in direction of product growth and rising its crew. Roos stated in an announcement, “At Studio555, we’re reimagining inside design as one thing anybody can discover: open-ended, playful, and private. We’re constructing an expertise we all the time wished existed: an area the place creativity is hands-on, social, and free from inflexible guidelines. This funding is a significant step ahead in setting a completely new class for artistic expression.”
Investor Timo Soininen stated in an announcement, “Studio555 brings collectively top-tier gaming expertise and design imaginative and prescient. This crew has constructed international hits earlier than, and now they’re making use of that have to one thing utterly contemporary – assume Pinterest in 3D meets TikTok, however for interiors. I’m honored to help Joel and this crew with their uncommon mixture of creativity, technical competence, and give attention to execution.”
