Grand Games, the Istanbul-based mobile gaming company, has raised a $70 million Series B funding round, bringing total funding raised to $103 million. The round was led by Balderton’s Growth Fund, which doubled down on its Series A investment from January of last year. Existing investors Bek Ventures and Laton Ventures also followed on, alongside mobile gaming serial entrepreneur and exited founder Mert Gür as an angel investor. The company’s valuation has increased approximately 6x since its previous round just over 12 months ago, with only single-digit dilution, putting it within reach of unicorn status.
Grand builds high-quality hybrid casual mobile games designed for daily play with fast session times, having been an early mover in hybrid casual puzzle games that combine underserved mechanics with premium execution. The company has experienced 5x year-over-year revenue growth from an already significant base, surpassed 50 million total downloads, and now has six live games being played in more than 200 countries. Two of its titles, Magic Sort and Block Out, recently ranked first and second on the US iOS most downloaded games chart.
Central to Grand’s strategy is a multi-studio model of five autonomous studios built around empowering Turkey’s deep mobile gaming talent pool, with decision-making and ownership embedded into how teams operate from day one. The company currently employs approximately 75 people, all based in Istanbul, reflecting a deliberate focus on building within one of the world’s most dynamic gaming talent markets. Grand has now raised three rounds in just two years since its founding.
The fresh capital will primarily be used to accelerate marketing efforts to scale existing games and support a strong pipeline of upcoming releases, while continuing an active hiring push. Grand was founded with the ambition to challenge industry norms and set new standards in mobile gaming, and the Series B marks its most significant financing milestone to date.
KEY QUOTES:
“We started Grand to build the kind of company we believed could unlock the full potential of great talent. Turkey has produced some of the best mobile gaming talent in the world, and we wanted to create an environment where that talent has real ownership over decisions, product direction, and outcomes. At Grand, the people building the games are at the centre of everything we do, with the founding team supporting them when needed. Our mission from day one has been to set a new standard not just for the games themselves, but for how a gaming company operates.”
“This funding allows us to scale our games to more players, continue our hiring spree, and showcase the fact that the next generation of category-defining mobile gaming companies are being built here in Turkey.”
Bekir Batuhan Çelebi, CEO and Co-Founder, Grand Games
“We’ve been working closely with Grand over the past year, witnessing the team’s execution, culture, and product differentiation firsthand. Having invested in the mobile gaming space for many years, we know what exceptional teams look like in this category, and Grand is unquestionably one. It was an easy decision for us to double down on our investment. Our conviction in what Batu, Mehmet, Mustafa, and the team are building is stronger than ever.”
Rana Yared, Partner, Balderton
“Grand is defining the new chapter of the mobile gaming industry. Building a successful hit game is difficult, but creating a platform by doing this repeatedly is truly exceptional. What Grand has achieved is unmatched. We feel privileged to be a continuing investor in this generational company and to have been working so closely with them since their inception.”
Görkem Turk, Founding Partner, Laton Ventures
