German mobile gaming studio Sviper announces MTG as new lead investor
Hamburg, Germany, February 28, 2019 – Sviper, a mobile gaming studio from Germany raised a seven-digit invest of 2.5 million Euro in the latest funding round, led by the Swedish Modern Times Group. Next to MTG, all existing shareholders participated in this funding round, including Sviper’s seed investor Global Founders Capital. The funds will be used to further expand the business and to grow the studio.
Sviper was founded in 2016 by Ole Schaper, Mark Buchholz and Michael Reichert. Their latest release, Super Spell Heroes, a real-time 1v1 puzzle duel game, is a great success that attracts the attention of the international gaming scene. MTG has seized the opportunity to enter into a cooperation of mutual growth.
„Super Spell Heroes is a thrilling game that has convinced us of the potential of Sviper and its whole team. We are looking forward to upcoming projects and a mutually promising cooperation.” states Arnd Benninghoff, EVP Games & Esports at MTG.
The Swedish digital entertainment group is known for its investments in the gaming sector, not least in terms of their innovative commitment to the esports scene. Investing in the fast-developing European mobile gaming business is one of the next crucial steps – according to their slogan ‘Shaping the Future of Entertainment’.
Ole Schaper, founder of Sviper, is looking forward to a dynamic cooperation: “We are very proud to work with such a competent and experienced international partner as MTG and welcome them to our pool of investors. Their expertise in the digital world is an inspiration and a great opportunity for us to grow as a part of the MTG family.”
MTG (Modern Times Group MTG AB (publ.)) is a leading international digital entertainment group and we are shaping the future of entertainment by connecting consumers with the content that they love in as many ways as possible. Our brands span TV, radio and next generation entertainment experiences in esports, digital video networks and online gaming. Born in Sweden, our shares are listed on Nasdaq Stockholm (‘MTGA’ and ‘MTGB’).
Based in Hamburg, Sviper is an independent mobile gaming studio, founded in 2016 by three industry veterans with mobile and free to play experience from Germany’s biggest gaming companies. Sviper is set out to deliver outstanding gameplay experiences in the highest quality for mobile devices. Uniting intelligence, innovation, focus and speed in a zero-politics work environment, Sviper combines expertise and passion for a unique gaming experience.