Sections

Dream Games raises $155m bringing total valuation to $1bn

Istanbul-based studio launched its debut game in March this year

Mobile startup Dream Games has raised $155 million in a round of Series B funding, driving the company's worth up to $1 billion.

The round was led by Index Ventures and Makers Fund, with contributions from Balderton Capital, IVP and Kora.

Dream Games' $1 billion valuation is largely driven by the growth of its debut match-3 title, Royal Match, which launched in March 2021.

According to the firm, Royal Match has reached the top 20 grossing games in the US, UK and Germany in the three months since its release.

The Turkish studio also secured $50m in a round of series A funding around the launch of the title.

"We are very focused on making great games that appeal to all types of players across the globe," said Dream Games co-founder and CEO Soner Aydemir.

"We are very proud of the early success of Royal Match and will utilise the investment to grow the game everywhere. We are very excited about our investors' confidence in the potential for Dream Games."

More stories

Building an Exploding Kittens transmedia universe

Elan Lee talks about making a mobile game for Netflix and the company's ultimate aspirations

By Brendan Sinclair

Sowing the seeds of stability: Ten years of Supercell's Hay Day

Game lead Stephan Demirdjian, designer Camilla Avellar and artist Sari Latvala discuss the lifespan of the farming hit

By Danielle Partis

Latest comments

Sign in to contribute

Need an account? Register now.