Paris based Homa Games raised USD 15 Million on 8th of February, 2021 in a seed funding round led by e. Ventures and Idinvest Partners.
Investors: The capitalization of USD 15 million funds took place in the seed round led by Idinvest Partners and e. Ventures along with the participation from previous investors like OneRagtime, Zenly and Unity.
What the funding is for: The newly acquired funding would be utilized for further diversifying their range and expanding their portfolio. According to reports the company is also planning to develop new technology for monetization and user acquisition and to improvise their prototype management.
Founder of the company: Daniel Nathan
Founded date: 2018
About the company: Homa Games is a privately held organization which functions under the publishing sector of the industry. Its headquarters is established in Paris and has a work strength of around 51-200 employees. They deal with various specialties lime monetization, mobile developing and user interface acquiring. Homa Games is the leading mobile entertainment association with loyal partners globally. They develop and build games internally.
What the CEO has to say: “The company is aiming to disrupt the content creation process to release entertaining apps to a massive audience. The seed round would enable the company to invest in more people, new games and intellectual property licensing. In addition to third party games Homa Games has also acquired the IRL team in Toulouse and has in house game development teams in Paris and Libson ”. Said Daniel Nathan, CEO of Homa Games.
“We provide a 360-degree service including game design recommendation, creative ad designs, tech support and everything for a studio to focus on what they love the most is developing games. Most of our studio partners come from a historical relation between us through curated trust and loyalty. Nevertheless, we are always on lookout for new talents with our sharp business development team”. Said Daniel Nathan, CEO of Homa Games.
What the investors have to say: “The company has focused on market intelligence and testing with its Homa lab team, so it only invests in ideas which have potential. It iterates on the prototypes until the games are good. And then it tries to reach a massive audience via distribution. We can take as little as three days for the company to evaluate whether an idea will work or not”. General Manager at e. Ventures.
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