Local game studio Cypher Games received a $10 million investment
September 10, 2024
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By continuing to develop itself in the gaming market with solid steps in recent years, Turkish game producersThey continue to attract huge investments worldwide. Finally Cypher Gamesmanaged to
By continuing to develop itself in the gaming market with solid steps in recent years, Turkish game producersThey continue to attract huge investments worldwide. Finally Cypher Gamesmanaged to attract $10 million in investment in the seed investment round led by Raine Group.
Among the names participating in the investment tour: Play Ventures, 500 Energetic Europefounder of King Riccardo ZacconiFormer Chairman of the Board of King, also former Vice Chairman of Activision-Blizzard Humam Sakhinifounder of Tripledot Studios InflowBabayigit and former CEO of Light & Wonder Barry Cottle There were also names like.
They will expand their team and prepare for the launch
Cypher GamesAccording to the statements of , the company will first double its team with this investment, and then launch its match-3 style games in the first half of next year. Co-founder and CEO of Cyper Games Anil Simsek, “Over the past two years, we have focused on defining the right product and developing it in the best possible way. “Now, with this investment, we will accelerate our access to the global market.” he said. Şimşek also expressed his belief that the mobile gaming market will grow.
Co-founder of Raine Group John Zouter, “We are excited to partner with the extremely talented team at Cypher in this growth journey. By leveraging our gaming industry experience and global network, new products “We look forward to helping him revolutionize the world of interactive entertainment.” he said. Among the names that invested in Cypher Babayigit while “With what Anıl and the Cypher team have accomplished so far, I am incredibly proud. I am very excited about these new opportunities as Cypher moves forward with its passion for excellent quality in manufacturing and the strong group of investors at the table.“he said.
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