10/21/2022

Istanbul-Based Magic Games Raises USD 5 Million in Seed Round

Turkish gaming initiatives continue to gain value in the eyes of investors.

Istanbul-based gaming startup Magic Games has raised over USD 5 million in a seed financing roadshow led by Makers Fund.

The team worked on popular high-grossing mobile titles such as Toy Blast, Toon Blast, and Star Blast.

Magic Games CEO Çağrı Öztürk said, “We believe that in-game communities can transform the way that our users play with and against each other – creating friendly camaraderie out of competition. Social features are integral to our development cycle as we work to build multiplayer games that anyone can enjoy."

The investment will be used to develop new Match-3 games and increase the team size.

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magic game; investment; gaming sector