Wargaming cofounder launches Mika Games to invest up to $50M in mobile games | Gaming


Wargaming cofounder Nick Katselapov has launched Mika Games, a gaming investment сompany that aims to invest $50 million in mobile game studios.

So far, Mika Games has raised $10 million in an initial funding round led by Boston-based venture capital firm Flint Capital.

Nicosia, Cyprus-based Mika Games wants to provide capital and comprehensive growth support to mobile game studios in their soft launch stage, meaning they have a game ready to launch for testing in a single market.

The goal is to ultimately invest $50 million in a portfolio of gaming studios, in order to help them become self-sufficient and scale from the seed stage, increasing valuations and aiming at an eventual initial public offering.

GB Event

GamesBeat Summit Call for Speakers

We’re thrilled to open our call for speakers to our flagship event, GamesBeat Summit 2024 hosted in Los Angeles, where we will explore the theme of “Resilience and Adaption”. Apply to speak here

Nick Katselapov is CEO of Mika Games.

Mika Games, established in 2023, said it is one of the few specialized investment companies of its kind in the gaming market, and has already invested in two mobile studios: Guli Games and Hot Siberians. These partnerships exemplify Mika Games commitment to supporting ambitious gaming founders…

read more venturebeat.com

FTC: We use income earning affiliate links. More on Sposored links.
Terms of use and third-party services. More here.

Ad Amazon Minecraft Clothing, toys, and accessories.

Stay connected throughout the year with official, ongoing Microsoft podcasts.
Microsoft Podcasts Apple | Microsoft podcasts YouTube

“Awakening is not changing who you are, but discarding who you are not.” —Deepak Chopra
“It does not matter how long you are spending on the earth, how much money you have gathered, or how much attention you have received. It is the amount of positive vibration you have radiated in life that matters.” —Amit Ray
“Spirituality is recognizing and celebrating that we are all inextricably connected to each other by a power greater than all of us and that our connection to that power and to one another is grounded in love and compassion. Practicing spirituality brings a sense of perspective, meaning, and purpose to our lives.” —Brené Brown

Related Posts