Studio Billion receives undisclosed investment in pre-series A bridge round | Pocket Gamer.biz

New Investment Boosts Turkish Studio Billion’s Expansion Plans

Turkish mobile and PC developer Studio Billion has recently secured an undisclosed amount of funding from major investment funds including WePlay Ventures, Aura B4YO Fund, and Lima Ventures. This new injection of funds will allow the company to grow its team and focus on their new augmented reality (AR) title, Rumble Suits, as well as the marketing efforts for the game.

The success of Studio Billion’s popular casual mobile game, Spin Warriors, has paved the way for this opportunity. With the investment, the studio plans to increase its current team size from 15 to 25 members. However, their primary goal is to capitalize on the potential of the thriving AR industry, especially after the recent announcement of the Apple Vision Pro.

The Apple Vision Pro represents a significant advancement in AR/VR technology for mobile devices. If successful, this technology could open up new market opportunities for Studio Billion and position them as a key player in the industry.

“We are thrilled to have achieved our short-term goals on our journey to ‘Entertaining Billions.’ As we enter this new phase, our main focus will be on developing successful and enjoyable XR games,” stated the Studio Billion team collectively.

The partnership with WePlay Ventures, a leading game-focused investment company in Turkey and Europe, as well as Aura B4YO Fund and Lima Ventures, further strengthens Studio Billion’s position in the AR/VR field. They believe that with the support of these experienced investors, they can become early adopters and pioneers in the AR Glasses industry.

Turkish AR Market Attracts Investment

It is worth noting that the AR industry is still relatively young, yet studios like Studio Billion are already receiving significant investments to scale their operations and promote their games. Turkey has become a hotspot for investment in this field, both domestically and internationally, showcasing the region’s commitment to advancing AR technology. The success of Rumble Suits could potentially influence further investment in mobile AR developers within the Turkish gaming industry.