Lockwood Publishing raises $ 25 million in Series A funding round

03/12/2020
Diego Gutiérrez
Lockwood Publishing raises $ 25 million in Series A funding round

Lockwood Publishing is the company that developed and created Avakin Life. Avakin Life is a video game that has over 200 million registered users on iOS and Android and over a million who return at least once a day. Lockwood Publishing was founded by Joel Kemp and Halli Bjornsson in 2009, who started out as PlayStation developers and have evolved into one of the UK's leading mobile game developers.

During their time at PlayStation Home, they were voted Best Community Developer six years in a row. Since then, they have grown organically as well as increasing profits rapidly month on month. The company's goal is to become the largest mobile and social gaming company in the world.  

Lockwood Publishing raises $ 25 million in Series A funding round

The company has raised $ 25 million in Series A financing. The financing round has been realised with the aim that gamers around the world increasingly enjoy gaming for both entertainment and socially interactive experience. In addition to growing its audience thanks to the diversity of games and player engagement through a great experience.  

Chinese tech giant Tencent has led the investment, with further participation from Novator Partners, David Helgason and Hilmar Pétursson, all of whom are existing investors.  

Lastest news

Arson Data joins Netmore Group, advised by Baker Tilly

El expertos en compraventa de empresas del sector tecnológico de Baker Tilly ha asesorado a Arson Metering, especialista español con tecnología puntera en soluciones de gestión inteligente de agua y gas, en su adquisición por parte de Netmore Group AB, proveedor...

Webinar | Checklist comercial: ¿qué miran los compradores?

INFORMACIÓN IMPORTANTE: La inscripción y participación en los webinars es totalmente anónima para terceros ¿Qué aspectos comerciales valoran más los inversores al evaluar tu negocio? Antes de vender tu empresa, tu área comercial debe estar lista. Diversificación de...

State of technology M&A in Spain | Analysis August 2025

August, traditionally a quieter month for corporate transactions, has surprised everyone in 2025 with intense activity in the technology sector in Spain. Major transactions were recorded in segments such as digital marketplaces,...

Do you want to sell or buy a company?

We are experts in M&A transactions in the technology sector.

Subscribe to our newsletter

    On which topic would you like to receive information?

    Request for information

    If you want to buy or sell a company, or need more information about our services, do not hesitate to contact us through the form.

    Or if you prefer, call us at:

    +34 946 42 41 42