Turkish Mobile Developer Cypher Games Raises $10 Million

Turkish Mobile Developer Cypher Games Raises $10 Million

By Staff Writer 14 September 2024
Image of Cypher Games's team standing confidently, smiling to illustrate their newest $10 million funding round.

Cypher Games, a mobile game developer based in Turkey, has successfully raised $10 million in a new funding round. The funds will be used to develop its first match-3 game, which the company claims will revolutionize the mobile gaming industry.

The fundraising was led by The Raine Group, with participation from Play Ventures, 500 Global, Riccardo Zacconi (founder of King), Humam Sakhnini (former vice-chairman of Activision Blizzard), and Akin Babayigit (co-founder of Tripledot).

Anil Simsek, co-founder and CEO of Cypher Games, expressed enthusiasm about the new partnerships and outlined the company's focus on developing high-quality mobile games. "We aim to deliver what players are seeking—interactive, social entertainment. Like Disney, we strive for top-tier quality, but we also enhance the gaming experience with personalized features and unique character attributes, creating a stronger emotional connection with our players," said Simsek.

This funding marks a key milestone for the company as it moves closer to launching its debut game.

Source: Vikki Blake / GamesIndustry

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