In addition to Play Ventures, 500 Global, Finnish company Next Games, Elite Game Developers founder Joakim Ahren and Tripledot Studios UK founder Akyn Babayigit also took part in the investment round.
The investment will be used for the startup to grow its team six-fold over the next 2 years and develop its first casual mobile game.
Cypher Games was established to become a global studio in mobile games. The company plans to open a second office in Berlin after the release of its first games and will offer its employees the opportunity to work remotely from 2023.
We are excited to lead the first round of funding for Cypher Games. We are confident that Cypher Games will become a global casual mobile games studio. The mobile games ecosystem in Turkey is robust, and we believe Cypher has the same potential as Peak, Dream, and Bigger.Harri Manninen, one of Play Ventures’ partners