Turkish Startup Grand Games Secures $30M Series A to Expand Global Reach and Launch New Game

January 9, 2025
Turkish Startup Grand Games Secures $30M Series A to Expand Global Reach and Launch New Game
  • Just six months after its pre-seed funding round of $3 million in July 2024, Grand Games has successfully raised $30 million in a Series A investment round.

  • The studio focuses on creating casual mobile games, with current titles achieving high player retention and revenue generation.

  • Founded in January 2024, Grand Games is a Turkish mobile game studio established by Bekir Batuhan Çelebi, Mustafa Fırtına, and Mehmet Çalım.

  • Co-Founder and CEO Bekir Batuhan Çelebi highlighted the rapid development of two casual games within ten months by a 14-member team, marking this investment as one of Turkey's largest in its first year.

  • Grand Games has generated over $4 million in gross app revenues from its two titles, 'Magic Sort!' and 'Car Match', within six months of their release.

  • These games have achieved impressive financial success, generating over $1 million in monthly revenue.

  • The Series A funding was led by London-based Balderton Capital, with participation from Bek Ventures, Laton Ventures, and angel investor Mert Gür.

  • Although the company did not disclose its valuation, the funding round was oversubscribed, reflecting strong interest from investors.

  • Rather than following popular genres, Grand Games aims to develop games in untapped niches, setting it apart in the competitive gaming landscape.

  • As the company grows, it faces the challenge of maintaining its successful team culture while expanding its workforce, which is set to increase from 14 to over 40 employees this year.

  • The newly raised funds will be utilized for expansion into global markets and to launch a new game in 2025.

  • CEO Bekir Batuhan Çelebi emphasizes the importance of team culture and autonomy in game development, drawing inspiration from the Finnish company Supercell.

Summary based on 3 sources


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