Turkish startup Grand Games raised $30 million to develop mobile games
Author - Mansur Ismagulov
The Tech AI
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Turkish startup Grand Games has raised $30 million in funding from Balderton Capital, Bek Ventures, and Laton Ventures. The funds will be used to expand the team and develop new games in the format of autonomous clusters. The company, founded less than a year ago by former Good Job employees, has already earned over $4 million in six months thanks to its games Magic Sort and Car Match.
Turkish startup Grand Games, developer of popular mobile games Magic Sort and Car Match, has raised $30 million in investment. The funds will be used to expand the team and develop new gaming projects using a model of small autonomous clusters, where employees make key decisions.
The company, founded less than a year ago by three former employees of Good Job, has already achieved success: the startup's games generated over $4 million in revenue in six months, and Magic Sort entered the top rankings on Apple.
The investment round was led by London-based fund Balderton Capital, with participation from Bek Ventures and Laton Ventures. Grand Games' new approach to corporate culture, focused on creative freedom and using AI to accelerate development, became a key factor in investor confidence.
Source: TechCrunch
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