Funding round
Dream Games Seed
Dream Games, which works in mobile game development in Şişli, raised $7.5M in a Seed round announced on 20 Nov 2019, led by Makers Fund. 2 firms took part. It is Dream Games' first venture round on record.
$7.5M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Dream Games did not disclose a valuation in this round. It is Dream Games' first venture round on record, in the year it was founded (2019). It is 1.6% of the $468M Dream Games has raised in the venture rounds on record. Dream Games raised again 16 months later: a Series A round of $50M in Mar 2021. Its next priced round, a Series B in Jun 2021, valued it at $1.00B.
Dream Games' funding rounds
Dream Games has 4 venture rounds on record and 1 other deal. This one is highlighted.
- Seed this round 20 Nov 2019, led by Makers Fund $7.5M
- Series A 1 Mar 2021, led by Index Ventures $50M
- Series B 30 Jun 2021, led by Index Ventures and Makers Fund $155M$1.00B post-money
- Series C 18 Jan 2022, led by Index Ventures $255M$2.75B post-money
- Private Equity not a venture round 31 Dec 2025, led by CVC and Blackstone $2.50B
Investors
Who put money in
Makers Fund led the round with 1 other firm.
Lead investor
- backs 50 venture-backed companies new investor
Also in the round
- Balderton Capital backs 140 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, scaling operations and working capital.
- Hiring
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,047 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.5M, and this round was 3.0 times the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 21 Nov 2019 | $12M | not disclosed | not named |
| Tech Companies | 4 Nov 2019 | $7.5M | not disclosed | Tiger Global and Slack Fund |
| Tech Companies | 4 Nov 2019 | $7.0M | not disclosed | IDI |
| Tech Companies | 13 Nov 2019 | $7.0M | not disclosed | Health Catalyst Capital |
| Tech Companies | 7 Nov 2019 | $6.4M | not disclosed | AV8 Ventures |
| Tech Companies | 12 Nov 2019 | $6.0M | not disclosed | Accel |
| Tech Companies | 1 Nov 2019 | $5.8M | not disclosed | Fika Ventures |
| Tech Companies | 18 Nov 2019 | $5.4M | not disclosed | S28 Capital |
Sources
Where this comes from
Reported by 8 sources.
Questions
Frequently asked
How much did Dream Games raise in its Seed round?
Dream Games raised $7.5M in its Seed round, announced in Nov 2019.
Who led Dream Games' Seed round?
Makers Fund led it, with Balderton Capital.
What was Dream Games' valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
1,047 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.5M, and this round was 3.0 times the median.
Did Dream Games raise again after this round?
Yes: a Series A round in Mar 2021 of $50M.