Dream Games Has Become Turkey's New Unicorn

Dream Games has become Turkey's new unicorn. Dream Games received a valuation of $1 billion.

Mobile game developer Dream Games has received a $155 million investment with a valuation of $1 billion. In this way, Dream Games was recorded as the latest and third unicorn company to come out of Turkey. According to the statement made by Dream Games, which has reached a valuation of $ 1 billion, the investors who took the biggest shares from the company in the series B investment round were Index Ventures and Makers Fund, while Balderton Capital, IVP and Kora also invested in the company. The first unicorn company to come out of Turkey was Peak Games, which exceeded a valuation of $ 1 billion in 2020, while the last one this year was Getir unicorn, whose valuation increased from $ 850 million to $ 7.6 billion in five months. At the beginning of 2021, Getir had received a $128 million investment in a new funding round under the chairmanship of Michael Moritz, one of the important investors in Silicon Valley. Using this investment for overseas growth, Getir has also expanded to London. The Getir application will also start operations in Germany, the Netherlands and France, and it plans to start operations in Brazil in the second half of the year. Turkey's first unicorn was Peak Games from the gaming industry. Zynga Inc. bought the company for $1.8 billion. According to the deal, the purchase was made in exchange for $900 million in cash and $900 million in Zynga stock.