What CodeSpace does

CodeSpace is a privately held, founder-led custom software and game development studio based in Jyväskylä, Finland, founded in 1998 by Kimmo Pennanen. The company specializes in gamification, educational applications, and mobile game development, building commissioned projects for a diverse client base that has historically included Nokia, the University of Jyväskylä, Mobaso, the Finnish Service Foundation for the Deaf, Landis, Digital Game Company (DGC), and industrial clients such as nuclear power plants. Over 25+ years, CodeSpace has delivered a portfolio of 22 apps and games across 45 projects, accumulating six industry awards including the Quality Innovation of the Year (personally acknowledged by the President of Finland), the Nokia/AT&T Calling All Innovators first prize, and Europrix TopTalent recognition.

The studio's core product set comprises four named offerings: DiveMax, an educational scuba dive planning app that automates pressure-group calculations; Glennhaven, a tower-defense archery game; FusionX, a match-three puzzle game; and the ARCADE Cabinet, a DIY arcade hardware platform used as a game development and testing tool. Two of its recent titles, Glennhaven and FusionX, integrate the Skillz SDK to enable asynchronous competitive tournaments and prize-based play. Underlying capabilities center on custom gamification frameworks, mobile game engineering, and integration with third-party gaming platforms rather than proprietary AI/ML systems.

Commercially, CodeSpace operates on a project-based professional services model with custom, quote-based pricing that is not publicly disclosed. Revenue is generated through direct client commissions (both enterprise and education-sector) and through commission work for game studios such as Mobaso, with downstream consumer monetization via Skillz tournament mechanics. The company employs a small team led entirely by the founder, markets through its portfolio website and earned industry recognition, and shows no evidence of external institutional investment, subsidiaries, or public-market activity.

Name

CodeSpace

Legal name

CodeSpace

Website

https://codespace.fi

Company type

Private

Founded year

1998

Operating status

Operating

Ownership category

akta.pro rank

Product category

Custom Game & App Development Services

NAICS

Custom Computer Programming Services (541511), Software Publishers (513210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

Game Development (Unity, Unreal, 2D/3D) (EDAMACAE)

akta.pro secondary industry

Creator Tools & Production (Overlays, Alerts, Encoding, Editing, Audio) (MPAFAEAC)

Keywords

• Custom game development
• Gamification software
• Mobile game development
• Educational app development
• Custom software solutions

Headquarters

HQ city

Jyväskylä

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Custom Software Development: Project-based custom software development services for gamification, educational applications, and specialized business solutions. Revenue generated through direct client engagements with diverse organizations including nuclear power plants, telecom companies, and educational institutions.
2. Game Development: Commissioned game development for clients including match-three games, tower defense games, and arcade-style games. Projects commissioned by gaming studios like Mobaso with integration into competitive platforms.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

CodeSpace is a Finnish software studio that designs and develops custom games, mobile apps, and gamified software solutions for clients across education, gaming, and industrial sectors. The company delivers commissioned game development (including match-three, tower defense, and arcade-style games) and bespoke educational and enterprise software leveraging gamification principles to increase user engagement. Over 25+ years, it has delivered 22+ apps/games and 45+ projects, including branded products such as DiveMax, Glennhaven, FusionX, and the ARCADE Cabinet.

Product overview

CodeSpace offers a portfolio of custom game and app development services centered on gamification. Their product portfolio includes distinct branded offerings: DiveMax (an educational scuba dive planning app), Glennhaven (a tower defense archery game), FusionX (a match-three puzzle game), and the ARCADE Cabinet (a DIY game development tool). All offerings leverage gamification principles to enhance user engagement, with selected games integrating the Skillz SDK for competitive tournament functionality. The company also provides custom software development services for education and gamification solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Glennhaven: Tower defense archery game with asynchronous gameplay featuring Skillz SDK integration for competitive play.
• FusionX
• Laserboy

Products and services

• DiveMax Educational scuba dive planning app that automates dive calculations using gamification elements, replacing traditional pressure group table methods with instant, accurate digital calculations for safer and simpler learning. Targeted at divers and dive trainees.
• Glennhaven Tower defense archery game featuring asynchronous gameplay where players defend the kingdom of Glennhaven from underworld creatures, integrating the Skillz SDK for competitive tournaments and prize-based play. Commissioned by Mobaso.
• FusionX Match-three puzzle game combining a 1960s-themed storyline with retro-styled visuals, featuring Professor G. Scott Gigawatt's time portal science project. Integrated with the Skillz SDK for competitive gaming. Commissioned by Mobaso.
• ARCADE Cabinet DIY arcade cabinet serving as both a nostalgic gaming platform and a game development/testing tool, featuring custom-built hardware with arcade controls and the original game Laserboy.
• Custom Software Development Services Project-based custom software development services for gamification, educational applications, and specialized business solutions. Delivered through direct client engagements with organizations including nuclear power plants, telecom companies, and educational institutions.
• Commissioned Game Development Commissioned game development services for clients including match-three games, tower defense games, and arcade-style games. Projects commissioned by gaming studios such as Mobaso with integration into competitive platforms like Skillz.

Quantifiable outcome

• DiveMax app replaces traditional pressure group table calculations with instant automated results, making learning and dive planning simpler and safer.
• +1 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• University of JyväskyläcoreStrategic or Co-development Partner · 1 January 1998First client in 1998 when Kimmo founded CodeSpace. Commissioned development of an educational game, marking the start of CodeSpace's specialization in gamification and educational software. Ongoing partnership resulting in 45+ total projects completed.
• MobasocoreChannel Partner/ Reseller/ DistributorMobaso, one of the world's leading game development studios, commissions CodeSpace for game development projects. Commissioned Glennhaven (tower defense archery game with Skillz SDK integration) and FusionX (match-three game with competitive gaming features). Mobaso provides game concepts and CodeSpace delivers development and integration services.
• SkillzcoreTechnology or IntegrationSkillz is a cutting-edge competitive gaming platform that powers social gaming with skill-based tournaments. CodeSpace integrates Skillz SDK into commissioned games, enabling asynchronous gameplay, real-time competition, and prize-based tournaments. Key differentiator for mobile game projects.
• NokiaminorStrategic or Co-development PartnerStarted as a Nokia subcontractor early in career before focusing on game development. Received recognition through Nokia Global Mobile Competition first prize. Relationship established through subcontracting work rather than formal partnership.
• AT&TminorStrategic or Co-development PartnerCo-sponsor of Calling All Innovators competition with Nokia where CodeSpace won first prize for gamified mobile app development.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Fingersoft: Finnish mobile game studio known for Hill Climb Racing. Comparable as a Finnish mobile game developer that has scaled into a much larger studio, representing the growth trajectory CodeSpace could potentially pursue.
• Rovio Entertainment: Finnish gaming giant behind Angry Birds. Comparable as a Finnish game studio with deep gamification expertise, though vastly larger. Founder of CodeSpace's gamification career traces back to early Nokia ecosystems alongside Rovio's emergence.
• Next Games: Finnish mobile game studio (The Walking Dead series). Comparable as a Finnish mobile game studio, though significantly larger and publicly listed. Illustrates the scale-up path from Finnish game development.

Regional players

• Coldwood Interactive: Swedish game studio developing both original and contracted games. Comparable as a Nordic indie game studio combining original IP with commissioned work, similar to CodeSpace's mixed model.
• Bunch: Nordic mobile gaming platform with social multiplayer capabilities. Comparable as a Nordic-based company operating in the mobile gaming ecosystem with platform-level technology.
• Traplight: Finnish mobile game developer behind Merge Mansion. Comparable as a Nordic-based mobile game studio operating in the same competitive gaming and casual mobile space as CodeSpace's commissioned work.

Direct peers

• Lightneer: Finnish educational game studio founded by former Rovio leadership focused on fun learning games for kids. Highly comparable to CodeSpace given shared Finnish roots, educational game focus, and small-to-mid studio profile.
• Serious Games Interactive: Danish serious games and educational game developer. Directly comparable as a small Nordic studio focused on educational and serious games for government, healthcare, and educational clients—similar B2B mission to CodeSpace's educational gamification work.
• Funomena: Independent game studio focused on playful, exploratory experiences. Comparable as a similarly-sized indie studio emphasizing creative, engagement-driven game design with a focus on meaningful experiences.

Others

• Metaplay: Finnish game technology company providing backend services for live games. Comparable as a fellow Finnish gaming ecosystem player, though focused on infrastructure rather than development services.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CodeSpace