Agave Video games introduced right now that it has secured $18 million in funding as a part of its Sequence A spherical, following a profitable seed spherical earlier this yr. Felix Capital and Balderton Capital co-led the spherical, with E2VC collaborating. In response to Agave, it plans to make use of the funding to broaden its fashionable cell puzzle title, Discover the Cat, in addition to discover improvement of latest video games and broaden its workforce at its Istanbul location.
Discover the Cat is an off-the-cuff puzzle sport the place gamers should, because the title implies, discover the cat. In response to Agave, the sport had over 10 million downloads in its first quarter in the marketplace. Alper Oner, Agave Video games CEO, stated in an announcement, “This investment allows us to double down on Find the Cat’s success while exploring new ideas that will redefine casual puzzle gaming. We’re excited to take our studio to the next level by expanding our team and portfolio with games that set new standards within established genres.”
As said, the studio is planning to develop new informal puzzling titles to observe up on Discover the Cat, with plans to launch at the very least two of them within the coming yr. In response to Agave, it plans to concentrate on revolutionary gameplay mechanics and social options, whereas additionally utilizing a twin monetization focus with in-app promoting and in-app purchases. Baran Terzioglu, Agave’s CPO and co-founder, stated in an announcement that the brand new video games will “push the boundaries of what players expect from casual games, introducing new concepts that we believe will resonate globally.”
Rob Moffat, companion at Balderton Capital stated in a separate assertion, “Find the Cat is an overnight success two years in the making. Agave have put together an exceptional team and worked super hard to identify and optimize new genres and produce polished games. Find the Cat is just the start, I am excited to see more of their pipeline go live in 2025.”
