Cheer Games closes $4.5M pre-seed round for mobile gaming platform
Summary
Barcelona-based Cheer Games, a mobile puzzle game studio, has successfully closed a $4.5 million pre-seed funding round. The investment was led by Makers Fund, with additional participation from Play Ventures and several angel investors. Founded by former senior leaders from AppLovin's Lion Studios, including CEO Emre Gercel, CPO Berkay Ozturk, CTO Ertan Ünver, and CMO Kutay Koralturk, the company aims to develop scalable intellectual property and build enduring mobile game franchises. The funding will primarily be allocated to accelerating the development of new mobile puzzle titles and expanding the company's Barcelona headquarters through global talent acquisition. The team brings extensive experience in game design, product development, growth, and business strategy, having previously collaborated on successful titles like Hexa Sort.
Key takeaway
For investors evaluating early-stage mobile gaming studios, Cheer Games' successful $4.5 million pre-seed round, led by prominent funds like Makers Fund, signals strong market confidence in its strategy. Your due diligence should focus on the founding team's proven track record with titles like Hexa Sort and their commitment to building durable franchises over short-term hits. Consider their Barcelona base and global talent acquisition plans as indicators of scalable growth potential.
Key insights
Cheer Games secured $4.5M pre-seed funding to build long-lasting mobile puzzle game franchises.
Principles
- Focus on scalable IP.
- Prioritize enduring game franchises.
- Apply a product-driven approach.
Method
The studio combines expertise in game design, live operations, product development, and growth to create a portfolio of puzzle games for global mobile audiences.
In practice
- Develop casual puzzle games.
- Expand team with global talent.
Topics
- Mobile Gaming
- Pre-seed Funding
- Puzzle Games
- Game Development
- Game Franchises
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