Mobile developer Midas Games has secured $1 million in a pre-seed investment round led by Ludas Ventures.
Pocket Gamer reports that the funds will be used to support the studio’s development and release its debut title in the second half of 2024.
CEO Selçuk Korate said: “We aim to provide our players with the best gaming experience by evaluating skill, strategy and patience in the game.” “Ludas has helped us in every way and has It allows us to focus solely on game development and gives our business momentum.”
Mehmet Ayan, Ruda’s partner, added: ”[Midas Games] This is one of the most important factors for the Turkish gaming industry to excel in the international market, strengthening our young and dynamic team structure with experienced members who have had the opportunity to work on various projects over the last year. Masu. ”
Midas Games was co-founded in February this year by COO Hikmet Duran, CTO Fatih Karadeniz, art director Mert Ulutaş, lead game developer Emre Öztürk, and head of legal affairs İlkim Ülgen.
Prior to Korate, who worked as a senior games manager at Rollic, Karadeniz was co-founder of Ruckcat Games and founder and CTO of IT consulting firm Roket Works.
Duran, Ulutaş, and Öztürk previously worked at Gigantic Games and are currently part of the Midas development team.
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