Rovio Chairman Invests in HTML5 Startup Goo Technologies

Rovio chairman and angel investor Kaj Hed has invested an undisclosed amount in Goo Technologies, a startup focused on high-end game graphics for HTML5. Hed owns 70 percent of Rovio, but his private investment firm Moor is legally separate from the Angry Birds studio, where his son Mikael Hed is the CEO. Goo Technologies is about a year and a half old, and focuses on high-quality graphics for cross-platform games, made possible via HTML5 and WebGL. Demos of its work are available here.