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Re:

Supercell Acquired Space Ape in 2025 After Years of Investment

Supercell’s Space Ape relationship moved from investment to acquisition: the $37 million reported in 2022 was a follow-on investment, not the acquisition price.
From TheFinanceBase Team3 min to read
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Supercell’s relationship with Space Ape progressed from backing the London game studio in 2017 to a reported $37 million follow-on investment in 2022, then to acquisition and integration as Supercell London. The $37 million figure describes the reported 2022 investment—not the later acquisition price. Supercell says its London studio opened in early 2025.

How Supercell’s relationship with Space Ape developed

Year Development What it establishes
2012 Space Ape was founded. Supercell Investments lists 2012 as the founding year. Source: Supercell Investments
2017 Supercell Investments first backed Space Ape. This was the start of the investment relationship, not an acquisition. Source: Supercell Investments
2022 VentureBeat reported that Supercell invested $37 million more in Space Ape Games. Supercell Investments’ news index lists the 7 July 2022 headline. It supports describing the amount as reported follow-on investment, not as a verified purchase price. Source: Supercell Investments news index
November 2024 Supercell announced a 100% acquisition in a company post. The announcement preceded the acquisition year shown retrospectively in Supercell’s portfolio. The exact completion date and transaction terms are not established by the cited sources. Source: Supercell company post
2025 Supercell’s portfolio says Space Ape was acquired; its London studio opened early in the year. Supercell describes the studio as joining forces as part of Supercell London. Portfolio · London studio page

What the $37 million figure means

The $37 million figure belongs to the 2022 follow-on investment reported in a VentureBeat headline dated 7 July 2022 and listed in Supercell Investments’ news index. It should not be presented as the acquisition price: the cited material does not establish the amount Supercell paid to acquire Space Ape, or whether the acquisition involved a cash purchase on particular terms. Supercell Investments news index

Why open a London office?

Supercell’s stated description is that London is a studio for work on both new and existing games. Its careers page says teams collaborate across locations; Hay Day, for example, has a team spanning Helsinki and London. That supports a picture of a multi-location studio model, but the public descriptions do not spell out a specific financial rationale for opening the office or quantify its effect on game development. Supercell London studio

Supercell describes fewer than 80 people sharing one floor and characterizes the studio as “small enough that it still feels like a tiny startup tucked inside Supercell.” Both are company-authored descriptions; the headcount phrasing concerns the people sharing that floor, not necessarily every person working for Supercell in London. Supercell London studio

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Is Space Ape still a separate studio?

Supercell’s portfolio says Space Ape was acquired in 2025 and joined forces as part of Supercell London. That points to integration under the London studio identity rather than continued presentation as a wholly independent company. John Earner, identified in his post as a Space Ape co-founder, described the public transition this way: “As of this morning, Space Ape Games is officially Supercell London. We’ll be shutting the office for a transformation—orange to black—before relaunching in March. And after 13 incredible years, I’ll be stepping away from the biz next week for a much-needed break.” Supercell portfolio · John Earner’s LinkedIn post

The change in studio identity does not by itself establish how every team, game, or business function was reorganized. Supercell’s London page does confirm that at least some work is shared across London and Helsinki.

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What company records show—and what they do not

Companies House lists Supercell UK Ltd as active at First Floor, 100 New Oxford Street, London, and records SPACE APE LIMITED as a previous company name through 22 October 2025. These are registered-company details, not proof that the registered address is the studio’s day-to-day workplace. Companies House also cautions that it does not check the accuracy of information filed. Companies House

The available public details establish the broad sequence—early investment, a reported follow-on investment, acquisition, and London integration—but do not establish the acquisition’s completion date, purchase price, detailed terms, or the extent of workforce changes.

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