Loading organizations...
§ Private Profile · Istanbul, Istanbul, Turkey
Mobile game developer and publisher creating high-quality puzzle games for casual gamers, including global hits Royal Match and Royal Kingdom.
Dream Games is an Istanbul, Turkey-based mobile gaming company that develops and publishes free-to-play casual puzzle games for a global audience. The studio monetizes its titles through in-app purchases and advertising, reaching a $5 billion valuation while expanding its internal headcount to 75 employees by the end of 2021. The company's flagship title, Royal Match, became the world's top-grossing mobile game in 2023, and the firm subsequently expanded its portfolio with the launch of Royal Kingdom in late 2024. To support this rapid scale, Dream Games has secured substantial capital, including a $7.5 million seed round and a $50 million Series A, backed by prominent institutional investors such as Index Ventures, Makers Fund, Balderton Capital, and IVP. The enterprise was founded in 2019 by Soner Aydemir, Ikbal Namli, Hakan Saglam, Eren Sengul, and Serdar Yilmaz.
Dream Games has raised $477.5M across 4 funding rounds.
Dream Games has raised $477.5M in total across 4 funding rounds.
Dream Games has raised $477.5M in total across 4 funding rounds.
Dream Games's investors include Stephane Kurgan, Lego Ventures, Makers Fund, Anandamoy Roychowdhary, Play Ventures, Balderton Capital, BlackRock, IVP, Kora Management, Michael Cheung, Rob Moffat.
Dream Games has raised $477.5M across 4 funding rounds. Most recently, it raised $260.0M Series C in January 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2022 | $260M Series C | Stephane Kurgan | LEGO Ventures, Makers Fund, Anandamoy Roychowdhary, Play Ventures, Balderton Capital, BlackRock, IVP, Kora Management | Announced |
| Jun 1, 2021 | $160M Series B | Makers Fund, Stephane Kurgan | LEGO Ventures, Anandamoy Roychowdhary, Play Ventures, Balderton Capital, IVP, Kora Management | Announced |
| Feb 28, 2021 | $50M Series A | Stephane Kurgan | Balderton Capital, Makers Fund | Announced |
| Nov 19, 2019 | $7.5M Seed | Michael Cheung | ROB Moffat | Announced |
Dream Games is a leading mobile gaming company that develops high-quality, mass-market puzzle games like *Royal Match* and *Royal Kingdom*, serving millions of players worldwide on iOS and Android.[1][2][3] It solves the challenge of creating engaging, long-lasting entertainment by blending advanced technology, creativity, immersive gameplay, and Pixar-like design quality, targeting casual gamers seeking enjoyable puzzles, characters, and universes.[1][3][4] The company, founded in 2019 by former Peak Games executives, has achieved explosive growth with a multi-billion-dollar valuation—reaching $2.75 billion after a $255 million Series C round—and significant revenue from top-grossing titles, underscoring its momentum in the competitive mobile gaming sector.[1][5][7]
Dream Games was founded in 2019 in Istanbul, Turkey, by a team of former Peak Games executives, including Soner Aydemir (Co-Founder and CEO, ex-Product Director), Hakan Sağlam (Co-Founder and CTO), Erin Şengül (Co-Founder and Product Director), İkbal Namlı (Co-Founder and Director of Software Engineering), and Serdar Yılmaz (Co-Founder and Head of Art).[1][4][5] The idea emerged from their experience at Peak Games, one of Turkey's first unicorns, leading them to launch just six months after inception with early investment of $0.5 million from Makers Fund and Balderton Capital.[5] Pivotal moments include the 2021 release of *Royal Match*, which quickly hit top-10 sales in the US and UK, and subsequent funding rounds that tripled valuation to $2.75 billion by 2022, fueled by *Royal Kingdom*.[1][5][7]
Dream Games rides the wave of mobile gaming's dominance, where casual puzzle titles generate billions in revenue amid rising smartphone penetration and free-to-play models.[1][6] Timing is ideal post-2019, capitalizing on post-pandemic gaming surges and Turkey's emerging tech hub status—producing unicorns like Peak and Getir—while leveraging cost-effective talent pools.[1][5] Market forces like global demand for accessible, high-production-value entertainment favor it, as *Royal Match* competes with top grossers despite Istanbul roots.[5][7] It influences the ecosystem by proving Turkey's viability for world-class studios, attracting investment and talent to mobile gaming innovation.[1][5]
Dream Games is poised to expand its franchise portfolio beyond *Royal Match* and *Royal Kingdom*, potentially launching new titles amid stable leadership and a lean ~120-person team.[1][8] Trends like AI-enhanced personalization, cross-platform play, and emerging markets will shape growth, building on its debt funding and $2.75B valuation for sustained innovation.[6][7] Its influence may evolve by solidifying Turkey as a gaming powerhouse, inspiring more regional successes while maintaining player-first design in a consolidating industry—echoing its rapid rise from Peak alumni to global leader.[1][5]