Cheer Games Raises $4.5 Million in Pre-Seed Funding
Cheer Games, a Barcelona-based studio specializing in mobile puzzle games, has successfully raised $4.5 million in a pre-seed funding round. This round was led by Makers Fund, with additional participation from Play Ventures.
Company Background
Founded by Emre Gercel and Berkay Ozturk, former senior leaders at AppLovin's Lion Studios, Cheer Games aims to develop engaging and scalable intellectual properties in the mobile gaming sector. The studio focuses on creating durable game franchises, distinguishing itself from the prevalent short-lifecycle titles in the market.
Leadership and Vision
CEO Emre Gercel and CPO Berkay Ozturk bring a wealth of experience from their previous roles in launching top-grossing games. Gercel expressed confidence in the team's ability to "build games that become franchises and studios that become institutions," highlighting the strategic vision behind Cheer Games.
Strategic Use of Funds
The newly acquired funds will be directed towards accelerating the development of upcoming games and expanding the company's talent pool. Cheer Games plans to scale its operations by hiring additional staff and enhancing its Barcelona headquarters.
Industry Impact
With the backing of significant investors like Makers Fund and Play Ventures, Cheer Games is poised to make a substantial impact in the mobile gaming industry. The studio's commitment to creating long-lasting franchises is set to offer a fresh perspective in a market often dominated by transient gaming experiences.
Conclusion
Cheer Games' successful funding round marks a promising step forward in its mission to develop enduring mobile game franchises. As the company expands its team and accelerates game development, it is well-positioned to compete on a global scale in the mobile gaming sector.