Helsinki studio Playnest shuts down after releasing 12 games in four years

 

Helsinki mobile developer Playnest is closing down.

“We have sad news to share: Playnest will not continue its operations,” the studio said in a LinkedIn post.

Playnest was founded in late 2022 as Wonder Hive, with the aim of building a platform for interconnected mobile games. Over the past four years, it published 12 games, worked on several versions of a metagame shared across them, created over 30 prototypes and ran more than 300 user acquisition campaigns.

The studio also developed an SDK for external developers, and ran a pilot programme to test opening its platform up to other studios.

“We had many smaller successes along the way and came close to a breakthrough on a couple of occasions,” said Playnest. “Unfortunately, a combination of factors, some beyond our control, prevented us from ultimately getting there.”

The studio hasn’t said how many staff are affected.

When we first covered Wonder Hive in February 2023, its founding team included Petri Räsänen (Huuuge Games, Seriously), Joonas Palmgren (Futureplay, Wooga, Rovio), Alexander Häußler (Wooga, Seriously), Ilona Lindholm (Rovio), Jesse Sevon and Tero Paavolainen.

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