Turkish game company Dream Games reached a valuation of $2.75 billion

Turkish mobile gaming startup Dream Games reached a valuation of $2.75 billion. In the valuation made six months ago, the company was valued at $1 billion. Index Ventures led the Series C round, the third investment round of the company in the last year. Major funds such as Makers Fund, BlackRock, IVP, Kora and Balderton Capital also participated in the investment round. The first game of the company, 'Royal Match', became one of the highest-grossing mobile games in the world in 2021; It was among the top 10 mobile games in the US, UK and other key markets.

They became the third unicorn of Turkey

Dream Games received an investment of $ 155 million with a valuation of $ 1 billion in June 2021. Dream Games thus became the third unicorn company to come out of Turkey. According to the statement made by the company, 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 emerge from Turkey was Peak Games, whose valuation exceeded $ 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.

Next up is the new game

Dream Games plans to begin development of a new game in 2022. The company, which has a team of 80 people in its offices in Istanbul, aims to recruit 120 more people in 2022.