- The French gaming startup Homa Video games has raised a $50 million Collection A spherical.
- Based in 2018, Homa supplies software program to make the game-development journey easier than ever.
- The funding spherical was led by Northzone and comes simply seven months after Homa’s seed spherical.
- See extra tales on Insider’s enterprise web page.
Homa Video games, a startup that goals to make the event of video games significantly extra environment friendly, has raised $50 million in its second spherical of the yr.
The French firm, which was based in 2018 by Daniel Nathan and Olivier Le Bas, has constructed a wide range of applied sciences to help in each stage of app manufacturing from enhancing and testing proper by way of to publication. Homa works with builders worldwide throughout completely different gaming codecs from hypercasual cell apps to partnerships with gaming studios.
The Collection A spherical comes simply seven months after the corporate’s $15 million seed spherical. Homa’s fundraising success factors to a wider pattern of robust investor urge for food in gaming. Enterprise-backed gaming corporations have secured $5.9 billion from buyers to date this yr, already exceeding 2020 and 2019’s ranges, in line with figures from Crunchbase.
The spherical was led by the London-based VC agency Northzone alongside investments from the founders of Singular; King, the corporate that owns Sweet Crush; FuboTV; and the Spotify founder Daniel Ek by way of his household workplace.
“Buyers noticed that we’re doing the fitting factor as a result of what now we have is particular within the tech area, a tech layer on high of the sport engine,” Homa Video games CEO Daniel Nathan instructed Insider.
“We did not plan this fundraising however have been rising very quick, so we’re taking the cash now as a result of we’re formidable and may develop even quicker because of this.”
Nathan compares Homa’s platform to constructing a fortress. Having the instruments to construct a fortress does not enable somebody to construct it. Fairly you want the intelligence and experience alongside these instruments to develop efficiently.
Homa has various places of work globally and can use the brand new funding to proceed rising its regional hubs, bettering its know-how, and pursuing merger-and-acquisition alternatives. Funding passed off over a four-week interval with buyers impressed by the variety of builders utilizing Homa’s platform, Nathan stated.
“This new funding spherical will enable us to draw much more top-tier skills, and speed up our growth throughout all capabilities and related geographies,” Nathan added. “We’re stoked to be joined by stellar buyers and angels which have a pointy data of our industries and have scaled huge corporations earlier than.”
The corporate has launched hits akin to Tower Coloration, Sky Curler, and Nerf: Epic Pranks, which was the corporate’s first licensed sport in collaboration with Hasbro.
Take a look at Homa Video games’ pitch deck under: