Get the latest tech news
Wargaming cofounder launches Mika Games to invest up to $50M in mobile games
Wargaming cofounder Nick Katselapov has launched Mika Games, a gaming investment сompany that aims to invest $50 million in mobile game studios.
The goal is to ultimately invest $50 million in a portfolio of gaming studios, in order to help them become self-sufficient and scale from the seed stage, increasing valuations and aiming at an eventual initial public offering. Beginning his early gaming career as a producer, he aimed to use his experience and the knowledge gained from growing and operating Wargaming to boost growth within the teams Mika invests in. Our industry experience as both investors and operators positions us well to select talented teams and ambitious games, invest money and effort in their development, gradually building up value and multiplying our chances for break-out success.”
Or read this on Venture Beat