Turkey-based mobile games company, Dream Games has closed a $155M Series B round co-led by Index Ventures and Makers Fund, with participation from Balderton Capital, IVP and Kora. The largest Series B financing in Turkey, with a valuation of $1B, comes on the heels of the massive success of Dream’s debut game Royal Match, reaching top-20 grossing games in the US, UK, and Germany in only three months.
“We are very focused on making great games that appeal to all types of players across the globe,” said Soner Aydemir, co-founder and CEO, Dream Games. “We are very proud of the early success of Royal Match and will utilize the investment to grow the game everywhere. We are very excited about our investors’ confidence in the potential for Dream Games.”
“Since its launch in early March, Royal Match has become one of the top casual puzzle titles globally, driven by once in a decade retention metrics. It speaks to the sheer quality of the title that the Dream Games team has built and the flawless polish and execution across the board,” commented Stephane Kurgan, Venture Partner at Index Ventures and former COO of King. Index is also the backer of Roblox, Discord, King and Supercell.
Royal Match became an instant daily hobby for its more than six million monthly active users. Blending popular art styles and a delightful progression system with accessible match-3 play, the game appeals to a global audience that loves to play games daily on their phones as part of their lifestyle.
“The Dream Games team’s deep genre insight, laser-focus on detail and team chemistry have helped create the early success of Royal Match,” said Michael Cheung, General Partner at Makers Fund. “We’re excited to be on the journey with them as they grow Royal Match globally.”