Turkish PC, mobile and console game developer Funverse Games has received a valuation-based equity investment of $6 million. The company announced this on its official LinkedIn account.
Weplay Ventures, Alfin VC, Yıldız Tekno GSYO and others have helped it meet its 80% investment target. Funverse Games continues to actively negotiate the remainder of the investment package, and the funds will be used to develop and market games developed by the company.
We are very pleased to announce one of the first investments of 2023. This year we have shown and continue to show how well Turkish gaming companies are doing with very important investors around the world. Blockchain and the gaming industry are very important to Turkey. At Funverse, we do R&D while we produce and develop our technology. We will launch our products in February with more news from Funverse in 2023Tolga Ozturk, CEO at Funverse Games
Funverse Games is a game developer that ranks third on LinkedIn’s list of top Turkish startups. The firm is currently developing a new game called Hit and Boom, which combines the Battle Royale genre with blockchain integration. The game began closed alpha tests last year and is now preparing for open beta testing.