Istanbul Gaming Studio Scores $70m Funding Boost

Turkey's Gaming Scene Gains Momentum

Istanbul-based mobile gaming studio Grand Games Oyun ve Yazılım has secured $70m in a Series B funding round, taking its total funding to $103m. The studio, founded two years ago, is backed by Bek Ventures, Laton Ventures, and angel investor Mert Gür.

The investment comes on the heels of significant deals in the gaming industry, including Scopely's $1bn buyout of Loom Games and CVC's $5bn deal for Dream Games. Balderton is doubling down on its investment in Turkey's puzzle-game pipeline with this latest funding round.

Can Grand Games Keep the Momentum Going?

Grand Games is behind popular mobile games Magic Sort and Car Match. The studio's success is a testament to Turkey's growing gaming industry. With this new funding, Grand Games is poised to further expand its offerings.

The investment from Bek Ventures, Laton Ventures, and Mert Gür demonstrates their continued confidence in the studio's potential. Total funding now stands at $103m, a significant milestone for the two-year-old studio.

The gaming industry is highly competitive, but Grand Games has shown promise with its puzzle games. As the studio continues to grow, it will be interesting to see how it adapts to changing market trends.

Frequently Asked Questions

With its new funding, Grand Games is well-positioned to continue developing its games and expanding its reach. The studio's success could also have a positive impact on Turkey's gaming industry as a whole.

What is Grand Games behind? Grand Games is the studio behind popular mobile games Magic Sort and Car Match. Who backed Grand Games in its Series B funding round? The studio was backed by Bek Ventures, Laton Ventures, and angel investor Mert Gür. What is Grand Games' total funding now? Grand Games' total funding now stands at $103m.