Grand Games Raises $3M to Expand Gaming Portfolio
Grand Games, a startup based in Istanbul specializing in social mobile games, has secured $3 million in seed funding just four months after its inception. This financial boost coincides with the soft launch of their inaugural game.
The investment round was led by Earlybird Digital East Fund, known for backing prominent tech firms like Peak Games, FintechOS, and Proofs, alongside Laton Ventures.
With this funding, Grand Games plans to not only launch its initial games but also to expand its team significantly. The company is actively seeking passionate individuals to join them in revolutionizing various aspects of the gaming industry, from development and marketing to product design and art.
Oguzhan Ozer of Earlybird Digital East Fund commented on the investment, stating, “Having closely followed Turkey’s gaming ecosystem for over a decade and witnessing its rise to global prominence, particularly after Peak’s successful exit, we approached this opportunity with careful consideration. What impressed us most about Grand Games was the caliber of their team and their ambitious vision. We are thrilled to support them on their journey.”
Turkey's mobile gaming sector has gained international attention with notable exits and success stories, such as Dream Games and Peak Games, Turkey’s first unicorn, acquired by Zynga for $1.8 billion in June 2020.
Source: Startup Rise