2 million 750 thousand TL investment from Boğaziçi Ventures to Funrika!

Funrika, which develops hybrid casual games and is known for its game called Top Race, received an investment of 2 million 750 thousand TL from Boğaziçi Ventures.

Boğaziçi Ventures, which established and manages funds investing in technology companies, invested 2 million 750 thousand TL in Funrika, which develops hybrid casual games, through BV Growth, an investment fund focusing on early stage startups in the fields of games, fintech, digital health and retail technologies.

Founded by Cem Köne and Can Köne in 2011, Funrika has developed mobile-oriented games since its inception and finally achieved success with the game Top Race.

Announcing the investment news for the first time at an event held on Youtube, Boğaziçi Ventures hosted Funrika founding partners Cem Köne and Can Köne and talked about the place of hybrid casual and hypercasual types in the market, their business model, their future and trends.

“I think the team is very close to success.”

Boğaziçi Ventures co-founder Burak Balık stated that the team has been in the startup ecosystem for a long time and is very close to success. Burak Balık said, “There are criteria we set before making an investment decision for a team, if the team complies with these criteria, we make the investment decision. I can say that Funrika fits all of these criteria. When we met with the team, considering our criteria such as the team’s vision, history and dream of becoming a unicorn, everything matched our strategy exactly.” said.

Cem Köne, one of the founding partners of Funrika, stated that they especially focus on competition in their games, that this is the most important factor that makes the game fun, and that competition also increases the rate of keeping the user in the game. He also emphasized that players get bored of the single player experience very quickly, multiplayer games allow players to socialize, so they are more connected to the game. At the same time, Funrika continues to improve and develop the user experience day by day in its AI-based games called Top Race, which also includes the luck factor. The Funrika team said, “We have great confidence in the experienced team of Boğaziçi Ventures and in fact, this investment is of great importance for our future success. We want to reach the global, especially the Asian market, and we are very hopeful that these connections will be provided by Boğaziçi Ventures.” said.

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