Istanbul-based hypercasual video games studio Pink Video games has accomplished its first spherical of funding by way of participation by Geometry Enterprise Improvement, Alesta Funding and a person investor. Following this newest spherical, the corporate’s valuation has reached $1.2 million.
Pink Video games was based by Zeynep Gurkan and Alp Gurbuzer. The hypercasual studio started working in April of this yr and has since developed over 60 prototype video games, capable of double manufacturing speeds and iteration processes because of its self-developed instruments, Mobidictum studies.
The funding Pink Video games has obtained will go in the direction of rising its crew and producing extra titles within the hypercasual style. Publishing video games to totally different platforms and investing in human sources are additionally amongst its intentions. The corporate is recruiting recreation builders and 3D artists now, with its workplace being situated in Sarıyer.
Investing all over the world
There have been a variety of sizeable investments into Turkish builders in latest occasions, similar to cell studio Manc – identified for the Muhabbet sequence of video games – receiving $50 million from GEM Digital to speed up international development. Manc intends to make use of the funds to additional combine its utility token into its cell video games.
Final month, Plummy Video games – the informal cell developer behind Star Merge – obtained an funding to the worth of $6 million from X-Movement Video games. Plummy Video games has studios situated in Turkey, Estonia and Chisinau, Moldova.
There was no scarcity of investments worldwide, in truth. Odyssey Interactive, a Canada-based cell video games developer, raised $19 million in its Collection A funding spherical led in October. In November, UK-based Landmark Video games introduced it had secured an funding price $4.6 million to broaden its studio and develop debut cell co-op recreation Sea of Souls.
Traders similar to March Gaming, Paramark and Aream additionally provided $10.85 million in seed funding the brand new cross-platform studio Playgig final month, an organization based mostly in Los Angeles, California.
