Agave Games, Turkish creator of ‘Find My Cat,’ secures $18M Series A
Turkish mobile gaming startup Agave Games has raised $18 million Series A funding. This brings the company’s funding to $25.5 million with a post-money valuation of around $100 million.
The company was founded by former high school friends and now experienced game developers – Alper Oner, Burak Kar, Baran Terzioglu and Oguzhan Merdivenli.
It published a Where’s Wally-style game in August this year, which was downloaded 10 million times in its first quarter.
Felix Capital and Balderton Capital co-led the round with E2VC participating. All three are returning investors.
Balderton Capital, previously participated in now unicorn Dream Games’ seed round, and counts Codemasters, Big Fish Games, Mojiworks, Natural Motion, and Wooga amongst its portfolio.
Turkey is known for its leading gaming ecosystem, with a focus on mobile and AI-driven game development. Spyke Games secured $50 million in April 2024, bringing their total funding to over $100 million, and we also saw the funding of Grand Games ($3 million). Mage Games received ($3.5 million), and Fuse Games ($2 million).
Related
European stocks gain on Wall Street’s tech-driven surge | News.az
European stocks followed Asian markets higher in light pre-holiday trading, buoyed by a rally on Wall Street driven by megacap tech stocks.
Arborea raises €5M for to cultivate proteins on any surface
Anglo-Portuguese energy tech Arborea has secured €5M in new funding. The round was led by Indico Capital Partners and supported by B
Fuel Ventures secures £20M in funding from Chinese LPs
UK-based VC Fuel Ventures has raised a £20M round from Chinese investors including Shijingshan Industrial Fund and Zhongguancun Develo
Mindgard secures $8M to tackle emerging AI security risks
Security AI startup Mindgard, has raised $8 million funding and appointed a new Head of Product and VP of Marketing. Many AI product
