TamatemGames raises $11M Series B led by PUBG maker Krafton – TechCrunch

Jordan-based cellular sport writer TamatemGames introduced at the moment it has raised $11 million in a Collection B led by KRAFTON, a South Korean sport developer behind PUBG, marking its first funding within the Center East and North Africa (MENA). Enterprise Souq, Endeavor Catalyst and current traders additionally participated within the spherical. 

The Collection B spherical brings its complete raised to over $17 million and values TamatemGames at round $80 million, Hussam Hammo, CEO and founding father of Tamatem Video games informed TechCrunch. 

Tamatem publishes video games related to Arabic customers and customizes its video games to suit the tradition.  

“The customers must really feel that the sport was made for them, not simply translated from one language to a different. Tamatem makes the video games culturally related to the end-users,” mentioned Hammo. “The demand for relatable and fulfilling cellular video games is increased than ever and our mission is to supply our area with the very best gaming expertise doable.”

Tamatem will use the most recent funding to amplify its efforts by bringing varied video games with extra in style titles to the Arabic-speaking market. The startup will rent native abilities in Saudi Arabia to increase additional. The gaming business is booming in Saudi Arabia, with about 70% of Tamatem’s customers, Hammo famous. 

“Huge issues are occurring for the cellular video games business within the area. We’re reaping the rewards of our previous successes and pushing ahead with extra expertise and extra grit. We’re on the tip of the iceberg with regards to the large potential of cellular video games in MENA, and I’m all the time tremendous elevated when extra individuals spend money on the business and the area,” Hammo mentioned. 

The startup additionally plans to launch a gaming academy to coach, educate, and elevate employment within the business in pursuit of pushing the market’s development and maturity. 

It has printed over 50 video games since 2013, together with its 4 most important video games: VIP Baloot, VIP Jalsat, Trend Queen, and Conflict of Empire. Tamatem has over 120 million downloads throughout its portfolio and three.5 million every day lively customers on its high video games. 

The corporate has 75 workers, planning on doubling in dimension within the subsequent six months, Hammo famous. 

Tamatem plans to proceed increasing globally and hiring every kind of abilities from all around the world. 

“We have now workers within the U.S., India, Egypt, Saudi Arabia, Germany, Hungary, and Jordan. We opened an workplace in Saudi and Egypt final 12 months and planning to open extra regional places of work in numerous nations,” Hammo mentioned.

“We see big potential within the MENA area and are pleased to have began our funding journey right here with a prolific writer like Tamatem. We’re dedicated to the MENA area and keen to take extra bets within the total media and leisure sector. This funding is aligned with our efforts to strengthen our dedication to the startup ecosystem. That is only the start of our many investments on this area,” Mentioned Anuj Tandon, Head of company growth (India and MENA) at KRAFTON. “As we proceed our focus to supply the very best expertise for our MENA customers of our varied video games together with PUBG: NEW STATE, Tamatem’s deep understanding of the native panorama and this collaboration might be very useful.”