August 19, 2022

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Krafton leads $11M funding in Jordan’s Tamatem Video games

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Krafton, the maker of PlayerUnknown’s Battlegrounds, led an $11 million funding spherical in Amman, Jordan-based Tamatem Video games.

Tamatem Video games specializes in publishing video games for the Arabic-speaking marketplace and its titles have had greater than 100 million downloads so far.

Different buyers incorporated Undertaking Souq, Enterprise Catalyst, and current buyers.

With the funding in play and following its earlier publishing successes, Tamatem plans on amplifying its efforts even additional by way of bringing a much wider choice of video games with larger and extra fashionable titles to the Arabic-speaking marketplace. Tamatem has 75 workers and it specializes in publishing video games made by way of exterior builders.

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“The call for for relatable and relaxing cellular video games is upper than ever and our venture is to supply our area with the most productive gaming
enjoy conceivable,” stated CEO and founder Hussam Hammo, in a commentary.

The writer can even make bigger its workplaces in Saudi Arabia to rent native Saudi skill and feature a more potent foothold within the nation that harbors 70% of its customers. Along its growth efforts in Saudi Arabia, Tamatem additionally plans to make bigger into extra international locations within the area. Plans of
launching a gaming academy to coach, train and carry employment within the trade also are at the horizon for Tamatem in pursuit of pushing marketplace enlargement and adulthood.

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“Large issues are taking place for the cellular video games trade within the area, we’re reaping the rewards of our previous successes and pushing ahead with extra enjoy and extra grit,” stated Hammo. “We’re on the tip of the iceberg with regards to the large attainable of cellular video games within the Heart East/North Africa (MENA) and I’m at all times tremendous increased when extra folks spend money on the trade and the area.”

The corporate has raised over $17 million in investment since its status quo in 2013. It has greater than 50 revealed video games and one million per 30 days energetic customers.

“We see massive attainable within the MENA area and are glad to have began our funding adventure right here with a prolific writer like Tamatem,” stated Anuj Tandon, head of company construction for India and MENA at Krafton, in a commentary. “We’re dedicated to the MENA area and prepared to take extra bets within the total media and leisure sector, and this funding is aligned with our efforts to fortify our dedication to the startup ecosystem. That is just the start of our many investments on this area.”

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