Job News
Tag: Turkey
Funding News
Grand Games raises $70m Series B to scale hybridcasual games
Regulations
Türkiye passes sweeping digital law restricting social media access for under 15s
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Investment Shift
Firstpoint VC launches $58m fund to back AI-driven gaming startups in emerging markets
The fund’s strategy is built on replicating Türkiye’s capital-efficient gaming success across Europe and Asia
Government Backing
The UK's games hub gets a boost in the face of global competition
A look at UK and global incentives for the games industry and their impact
Online Safety
Türkiye proposes new regulations for digital platforms and game distributors
Digital game distributors may be required to appoint a local representative to operate in the country
New Offerings
Türkiye backs games studios with array of new incentives and financial support
Mobile studios can access up to 50% support on user acquisition and marketing spend
Podcast | Episode 84
Scopely's $1bn Loom Games deal and Matthew Ball's State of Video Games report | Week in Mobile Games podcast
The PocketGamer.biz podcast team give you the state of play every week. Here's where to get it and what's inside this week's episode 84...
TÜrkiye's New Star
Loom Games' rapid rise to Türkiye's next unicorn
Scopely's acquisition of a majority stake in the Pixel Flow developer is the latest success story in Türkiye's vibrant mobile games sector
Growth Story
Loom Games CEO: "This is not an exit story - it's a new beginning"
We speak to Kübra Gündoğan about that big Scopely deal and why the team isn't intimidated by Pixel Flow copycats
M&a
Scopely acquires majority stake in Istanbul’s Pixel Flow developer Loom Games at $1bn valuation
The performance-based deal structure values studio in excess of $1 billion
Major Deal
Why Scopely acquired a majority stake in the Pixel Flow team
"The combination of creativity and immediate traction is extremely rare with a new game, and we see high potential in this group of game makers"
Funding News
Hogo Games lands fresh investment at a $10m valuation to scale its production pipeline
The Türkiye-based studio plans to expand its 13-person team and accelerate upcoming titles
At A Crossroads
Supercell is willing to die on the hill of innovation
CEO Ilkka Paananen says that launching a new game is harder than ever, but does it have the right approach to face this challenge?
Funding Round
Fast-growing hybridcasual puzzle game Pixel Flow nets seven-figure investment
Arcadia Gaming Partners’s Akin Babayigit and early stage fund e2vc join seed funding round
Investment Round
AI-powered game creation platform GameByte raises $1m
Startup valued at $10m following a pre-seed funding round
Funding News
SuperGears Games raises $2.1m to power its next growth phase
Funding fuels expansion of the Racing Kingdom mobile racing universe
Funding News
Turkish studio Circle Games raises $7.25m to expand puzzle portfolio
Funds will go towards upcoming projects as well as growing its development team
Funding News
Habby invests $2m in Istanbul studio Mavis Games
Casual games developer aims to expand its team as it looks to scale its portfolio
Turkish Games Market
Six up and coming Turkish games companies you should know about
Felix Braberg offers insight into the Turkish games market highlighting six studios to watch out for
Investment News
TaleMonster Games secures $7m seed funding to boost puzzle game development
The studio currently has 17 employees across multiple cities and aims to double its staff by next year
Funding News
Boby.ai lands $1.25m to build AI-powered mobile apps
Company co-founded and led by former Playable Factory CEO Gökçe Nur Oğuz
Investment News
Türkiye's Feraset secures $4.5m to expand AI-powered consumer apps
The funds will go towards scaling its marketing efforts and working towards increasing its global subscriber count
Seed Round Secured
Good Job Games secures $23m investment round
The round was led by Menlo Ventures and Arcadia Gaming Partners’ new fund
Turkish Totals
Turkish games industry success "deeply rooted" in mobile with total $935m in capital since 2020
investgame’s Five Years of The Rising Gaming Empire: Türkiye report found Dream Games has seen the highest level of investment of any Turkish games studio
M&a
DoubleU acquires Turkish studio Paxie Games for up to $67m
Social Casino firm picks up 60% stake for $27m
Funding For Games
Turkish developer Agave Games gets $18m funding
The Find the Cat studio will use the funding to continue development on existing titles and expand its team
Acqusitions
Game District acquires majority stake in Türkiye’s Gleam Games
Gleam Games CEO is now chief strategy officer at Game District
No Longer Welcome
Turkey blocks Discord in latest social platform ban
"We are determined to protect our youth and children from the harmful publications of social media"
Funding News
Turkey's Cypher Games raises $10m to take on match-3 market filled with "too many average-quality titles"
Seed investment round led by The Raine Group
Hot Five
Hot Five: Turkey blocks Roblox, Jam City layoffs, and the sinking of Shipyard Games
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Podcast | Episode 24
The mobile games market grows again, and Turkey bans Roblox | Week in Mobile Games podcast
The PocketGamer.biz podcast team give you the state of play every week. Here's where to get it and and what's inside this week's episode 24...
Ro-blocked
Turkey blocks access to Roblox
Government authorities yet to publicly provide a reason for the decision
Event News
Mobidictum Conference returns to Istanbul in October
Event takes place on October 15th and 16th
Finding Funds
Former Zen Match devs raise $3m in pre-seed funding round for new studio Grand Games
Developer has already soft-launched Magic Sort and is set to release Car Match later this month
Hot Five
Hot Five: New VC funds for mobile, Turkish investments, and Baby Shark makes a splash in Brawl Stars
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Investment Incoming
Ludus Ventures invests $1M in Turkish studio Midas Games
Midas Games plans to launch multiple titles later in 2024
Funding News
Laton Ventures secures $35 million for games investments in Turkey and beyond
Founder Görkem Türk tells PocketGamer.biz why he's so bullish on games and how Turkey's rising games industry has helped spur its fund raise
Tax Free
Turkish game studios don’t pay tax as government supports burgeoning industry
Games from Turkiye head of advisory board Tugbek Olek outlines Turkey's tax incentives to support its growing games industry at Pocket Gamer Connects San Francisco
First Round Funding
Istanbul-based game studio SuperGears successfully completes first investment round led by TMRW foundation
SuperGears first investment round is based upon a valuation of $10 million and will add Crytek founder Cevat Yerli to the board of directors
Investment
Turkish studio Yamy receives investment from UP Venture Capital and $4m valuation
Another example of foreign investment into the Turkish mobile gaming scene
Actively Acquiring
Moon Active to acquire Zen Match from Good Job Games
The associated Istanbul-based team will also be joining
Investment In Istanbul
Turkish studio Pink Games has $1.2 million valuation after first investment
Investment comes from Geometry Venture Development, Alesta Investment and an individual investor
Business Casual
X-Flow invests $6 million in casual developer Plummy Games after Star Merge launch
Company founded by veterans of Peak Games
Acquisitions
Matchingham Games acquires two IPs from Pow Games in $11.7m deal
UK-based Matchingham have reportedly cut a deal with Pow Games to acquire Food Match 3D and Tile Match: Home Design Puzzle from the Turkish-based developer
Investment
Turkish mobile studio Manc receives $50m investment from GEM Digital to accelerate global growth
The Turkish developer Manc has reported a $50m investment for their Mancium mobile game token.
News
Turkish mobile developer Umuro secures significant investment
The Turkish studio which produces games on iOS, Android and Google Play has secured $1.75m in investment from a Turkish firm.
Hot Five
Hot Five: Supercell makes first NFT commitment, Apple Arcade execs leave tech giant, and only 16% of mobile players want blockchain games
The hottest news articles on PG.biz
Committing To Casual
Turkish mobile puzzle games developer Cypher Games raises $3.2 million
Investment will be used to expand the team sixfold, open a new office in Berlin, and create the firm's first casual title
I Got It
Zynga was right about Turkey. What’s next in the acquisition boom?
Zynga president of publishing Bernard Kim details the company’s success in supporting the Turkish mobile games industry, and his thoughts on the sustainability of M&A