Startups

Local gaming startup Gulliver’s Games completed its second investment round with $1.5 million

Gulliver’s Games, which received an investment of $750 thousand -in September 2021 under the leadership of Bogazici Ventures, received an investment of $1.5 million in its second round. In addition to Bogazici Ventures, March Capital also participated in the investment round.

Gulliver’s Games, which changed its strategy after publishing its first game ‘Restaurant Tycoon’, with its new project; It received a total investment of $1.5 million, including $500,000 from Bogazici Ventures’ BV Growth venture capital fund and $1 million from March Capital. In September 2021, the venture received a seed investment of $750 thousand under the leadership of Bogazici Ventures.

Gulliver’s Games has an important place in the technology entrepreneurship ecosystem as a project that provides foreign funding to our country.

Bogazici Ventures, which made its third investment before the first quarter of 2023 was completed, continues its mission of contributing to the technology ecosystem by investing in projects planned to open to the global market with support mechanisms. Bogazici Ventures, which invests in entrepreneurs who develop technological services and products that will shape the future with the BV Growth venture capital fund, which was established with the aim of supporting the Turkish technology entrepreneurship ecosystem, supports the growth adventures of entrepreneurs arm in arm with its experienced team.

Baris Ozistek, Managing Partner and CEO of Bogazici Ventures, made a statement about the new investment;

“The founders of Bogazici Ventures have a passion and experience for gaming technologies ingrained in their genetics. Investing in gaming startups with experienced co-founders and good data is one of our favorite areas. We are very happy to support the growth of the Gulliver’s Games team, which has proven its success and passion in the game industry, which has managed to be one of the growing sectors of every period and also serves as a bridge between generations as a favorite sector of every period, by making the second investment in the team. The Turkish gaming industry continues to prove how strong it is and that it will continue to get a share from the world gaming industry.”

Gulliver’s Games, which released its first game ‘Restaurant Tycoon – Idle Game’ last year, is preparing to sign a new project that will expand its player base and take the gaming experience to the next level. Interpreting its experiences with an innovative strategy, the company went on an investment tour for its new game that will leave a mark in the global market with its dynamic and talented team as a result of its acquisitions.

Dogan Akdag, the Founder and CEO of Gulliver Games, said the following about the second investment round of his company;

“During the development and release of our first game, Restaurant Tycoon, we acquired a great deal of technical and design knowledge. In the light of this information, we have been working on a different project for a while, where not only the “player” audience, but also everyone from seven to seventy can play with pleasure by changing our strategy. With our new game, we will create a brand that reaches large masses and has a permanent place in the lives of our players. This new and larger-scale investment made by our investors, whom we met during the seed investment tour, paves the way for our rapid growth with new teammates who will carry the working culture we have built forward. We will continue to do what we love most by increasing our momentum with this game, which is the first step of our long-term plans.”

Source: Egirisim / Prepared by Irem Yildiz

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