Turkish cellular gaming studio Frantic Video games has raised $2.4m in pre-seed funding for the target of creating hybrid informal cellular video games. The studio boasts quite a few veterans of at the very least seven years within the cellular gaming trade in it is six-person group.
It is a appreciable sum to lift pre-seed indicating a big quantity of religion in each the target of the corporate and the potential of the Ankara-based developer to develop in a thriving cellular market inside Turkiye.
CEO of Frantic Video games, Kürşad Can Mutlu said after the funding spherical, “At Frantic Video games, we firmly consider that the group is essentially the most essential KPI for fulfillment.”
“With the steering and investments from vgames, Rising Europe 500, and Mr. Babayiğit, we’re propelling to new horizons in hybrid informal gaming. Collectively, we’ll create extraordinary experiences for avid gamers worldwide.”
Investing in hybrid informal
Apart from the give attention to Turkiye, which has been an more and more well-liked space for funding – with cellular gaming even rising whereas different conventional industries recede – it is notable that Frantic might be specializing in the rising hybrid informal style. After hypercasual dominated the charts for a time, it seems that the style has peaked, with many builders and firms now specializing in hybrid informal as its successor.
Frantic’s new focus proper out of the gate clearly signifies not simply their very own confidence that hybrid informal is the way in which of the long run but additionally that of their traders, placing their cash the place their mouth is. The precise nature of titles come out of Frantic Video games will turn into clear sooner or later, nonetheless it’s clear that they are pinning their hopes on the brand new scorching style.
