'Frantic Games,' an Ankara, Turkey-based mobile gaming startup founded in November 2022, recently secured $2.4 million USD in a pre-seed round of funding. The company stated that it will use this funding to develop engaging mobile games, specifically, action-based hybrid-casual games. This means the games will feature fast real-time gameplay with a mix of player-versus-everyone and player-versus-player content, with potential competitive scenes down the road.
The company did not offer any additional information on its upcoming mobile games. However, it did state that many of the leaders of the round of funding were from the video games industry, such as 'Vgames' or '500 Emerging Europe.' The company is comprised of experienced developers with backgrounds across different tech industries, including game design, programming, and art design.
Turkey-Based Game Studios
Frantic Games Raised $2.4 Million to Develop Engaging Mobile Games
Trend Themes
1. Hybrid-casual Games - There is an opportunity for game developers to innovate and create new hybrid-casual games with fast-paced real-time gameplay featuring a mix of player-versus-everyone and player-versus-player content.
2. Mobile Gaming Startups - There is an opportunity for entrepreneurs to found new mobile gaming startups and secure pre-seed funding to develop engaging games.
3. Industry-specific Funding - There is an opportunity for video games industry leaders and other tech industries to invest in and support mobile gaming startups, such as Frantic Games.
Industry Implications
1. Video Games - Veterans of the video games industry could collaborate with mobile game developers to create innovative new gaming experiences.
2. Mobile App Development - The success of Frantic Games highlights the potential for new startups to emerge in the mobile app development space, specifically in gaming.
3. Tech Incubators - Tech incubators and accelerators could focus on supporting early-stage mobile game startups and provide the necessary expertise and funding to help them succeed.