- Dream Games recently announced it raised $255 million in funding at a $2.75 billion valuation. These are the details.
Dream Games, an Istanbul-based mobile gaming company, announced recently that it raised $255 million in a new funding round. This funding round values the company at about $2.75 billion. This is nearly 3 times the company’s $1 billion valuation from six months ago.
This funding round was led by Index Ventures. And existing investors Makers Fund, IVP, Kora, and Balderton Capital also joined the round. Plus BlackRock joined as a new investor.
Royal Match — one of the games developed by Dream Games — has about 13 million people playing the game every month. And Dream Games was launched in 2019 by former executives at Peak Games. Peak Games was acquired by Zynga for $1.8 billion. Now Zynga is being acquired by Take-Two Interactive as part of a $12.7 billion deal.