Is Helsinki still a great location to set up a… (2016)

Key insights

6 takeaways

01
Helsinki remains a premier global hub for game development, primarily due to an unmatched concentration of high-level technical and creative talent.
02
The Finnish ecosystem provides a sustainable competitive advantage through deep professional expertise that is difficult for other international markets to replicate.
03
The region's industry infrastructure is built on a proven track record of success, significantly influenced by the global impact of companies like Supercell.
04
While the broader venture capital environment has experienced a tightening of liquidity, the region continues to attract significant investment interest.
05
Current economic conditions have led to more cautious funding cycles, yet the core strength of the local ecosystem remains consistent.
06
Helsinki continues to be a focal point for the mobile and digital gaming sectors, offering a stable foundation for long-term growth and innovation.

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Transcript

well I guess on that on that note so you said you had a choice where head obviously finish it's one of the things to consider but is is it still is it still an attractive place to to set up now I mean there's been a lot of investment recently after kind of a whole wave a couple waves investment kind of post supercell people successes is that do you feel that still the case now or is there how things changing I get the sense maybe the teas money is a little bit sort of tighter than than it was at the moment because government's changed stuff was is is Hell sync in Finland still attrative to coming in as with if this guys here looking to you know an P store or business somewhere is it still a good place to come yeah I mean um yes I I I think that Hing still attracts investor money as it ever did last couple of years like I think BC money in general is is a little bit titer for games specifically now yeah uh than it was even a year ago um but I mean what what hasn't fundamentally changed as I was

saying the cost of hiring and and the level of talent um which I think is significant like when when it comes to people and talent um it's it's very very hard to compete with us yeah

Summary

Helsinki maintains its status as a premier global hub for game development, driven primarily by an unparalleled concentration of high-level technical and creative talent. While the broader venture capital environment has experienced a tightening of liquidity compared to previous years, the region continues to attract significant investment interest. The fundamental value proposition of the Finnish ecosystem remains rooted in its human capital, which provides a competitive advantage that is difficult for other international markets to replicate.

The industry landscape in Finland has matured through several waves of success, most notably following the global impact of companies like Supercell. This history has fostered a robust infrastructure that supports both established studios and emerging ventures. Although the current economic climate has introduced more cautious funding cycles, the core strengths of the local ecosystem—specifically the quality of hiring and the depth of professional expertise—remain consistent.

Ultimately, the region remains a highly attractive destination for entrepreneurs looking to establish or scale a games business. The combination of a proven track record of success and a deep pool of specialized talent ensures that Helsinki continues to be a focal point for the industry. Despite shifts in global investment trends, the underlying stability and talent density of the Finnish market provide a sustainable foundation for long-term growth and innovation within the mobile and digital gaming sectors.