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

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

Tamatem Video games focuses on publishing video games for the Arabic-speaking market and its titles have had greater than 100 million downloads so far.

Different traders included Enterprise Souq, Endeavor Catalyst, and current traders.

With the funding in play and following its earlier publishing successes, Tamatem plans on amplifying its efforts even additional by bringing a wider number of video games with greater and extra in style titles to the Arabic-speaking market. Tamatem has 75 staff and it focuses on publishing video games made by exterior builders.

“The demand for relatable and pleasant cell video games is greater than ever and our mission is to offer our area with one of the best gaming
expertise potential,” mentioned CEO and founder Hussam Hammo, in a press release.

The writer can even increase its places of work in Saudi Arabia to rent native Saudi expertise and have a stronger foothold within the nation that harbors 70% of its customers. Alongside its enlargement efforts in Saudi Arabia, Tamatem additionally plans to increase into extra international locations within the area. Plans of
launching a gaming academy to coach, educate and elevate employment within the trade are additionally on the horizon for Tamatem in pursuit of pushing market development and maturity.

“Huge issues are taking place for the cell video games trade within the area, we’re reaping the rewards of our previous successes and pushing ahead with extra expertise and extra grit,” mentioned Hammo. “We’re on the tip of the iceberg relating to the large potential of cell video games within the Center East/North Africa (MENA) and I’m all the time tremendous elevated when extra folks put money into the trade and the area.”

The corporate has raised over $17 million in funding since its institution in 2013. It has greater than 50 revealed video games and one million month-to-month energetic customers.

“We see large potential within the MENA area and are comfortable to have began our funding journey right here with a prolific writer like Tamatem,” mentioned Anuj Tandon, head of company growth for India and MENA at Krafton, in a press release. “We’re dedicated to the MENA area and keen to take extra bets within the total media and leisure sector, and this funding is aligned with our efforts to strengthen our dedication to the startup ecosystem. That is just the start of our many investments on this area.”