Istanbul-based game studio Midas Games received a $1 million investment under the leadership of Ludus Ventures. Ludus Ventures announced their second fund, which they established as Venture Capital Investment Fund with Tera Portfolio at the beginning of 2024. It made its first investment of this year with $ 1 million to Midas Games.
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Midas Games
Midas Games was founded by Selçuk Korateş, Hikmet Duran, Fatih Karadeniz, Mert Ulutaş, Emre Öztürk and İlkim Ülgen. It has experience in mobile game development, publishing, software development and game law. Midas Games will produce games in the category of skill-based and competitive games, which has continued to rise in the last 2 years. They aim to release their first game in the second half of 2024.
We aim to provide the best gaming experience for our players by rewarding skill, strategy and perseverance in our games. We are very aware of the potential in the market, we are still at the beginning of the period when many things will change in the gaming industry. The factor that will make this potential real will be the power of the team and innovative approach. We have established our team on this scale.
We will use our experience in the industry to develop scalable games and reach millions of people in this market, which has recently started to develop in the world. Our business partner Ludus helps us in every aspect, ensuring that our focus remains solely on game development and adding momentum to our business. We are happy to cooperate with Ludus to achieve our goals.
Selçuk Korateş, co-founder and CEO