Apaja closes 1.75 MEUR Round A financing

Apaja Online Entertainment OyThe Finnish Apaja Online Entertainment has closed a 1.75 million euro round A financing with Martinson Trigon Venture Partners. Apaja's main product is the online gaming community known in Finland by Aapeli and the international brand of Playray.

Discussions on the round were started during early summer and continued to closer discussions with MTVP during the autumn. According to Inka Mero, the CEO of Apaja, negotions were continued with MTVP as they have a strong understanding of the Eastern-European markets as well as Central European markets.

The investment is used for growth and internationalisation of the brand.

Disclaimer: The writer of this post has previously worked at Apaja Online Entertainment.

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Kirkkaan päivän vaikutukset » Apajalle sen ensimmäinen VC-rahoitus, November 07, 2007

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