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The CEO states 83% of mobile video games stop working in 3 years due to an absence of funding and company assistance
Nick Katselapov, cofounder of Wargaming, has actually revealed the financial investment company Mika Games.
As reported by VentureBeat, Mika Games has actually raised $10 million in its preliminary financing round. It has actually purchased the mobile video game studios Guli Games and Hot Siberians.
The company means to raise $50 million in financing for the mobile video games sector.
Mika Games will not just supply financial investments however likewise provide designers support, consisting of marketing, video game style, and money making.
“83% of mobile video games stop working within 3 years, and a considerable aspect adding to this is the absence of funding and company assistance,” stated Katselapov.
“We see a big market space here, which provides an enormous chance that we can take advantage of. Our market experience as both financiers and operators positions us well to pick gifted groups and enthusiastic video games.”
