Work Here?
Overview
Agave Games develops and publishes free-to-play mobile puzzle games for global audiences. Its games monetize through in-app purchases and in-app advertising, and the company uses AI to generate initial art which is refined by human artists to balance automation with craftsmanship. The founders bring a track record of contributing to titles with billions of downloads and strong data analytics leadership, helping the studio stand out in the casual puzzle market with titles like Find the Cat. The goal is to grow its portfolio and team by leveraging funding rounds to expand beyond Find the Cat, launching at least two new titles and expanding the Istanbul studio.
About Agave Games
Industries
Consumer Software
Entertainment
Gaming
Company Size
51-200
Company Stage
Series A
Total Funding
$25.4M
Headquarters
Istanbul, Türkiye
Founded
2021
People at Agave Games
People at Agave Games who can refer or advise you
Simplify's Take
What believers are saying
- Find the Cat hit 10 million downloads in Q1 2024.
- Raised $25 million total, valuing at $100 million post-Series A.
- Balderton Capital backs, leveraging Turkish gaming ecosystem.
What critics are saying
- Relies on Find the Cat; new 2025 titles fail, collapsing revenue.
- Doubles workforce in 18 months, exhausting runway by Q4 2026.
- Turkish lira depreciation raises costs, eroding margins immediately.
What makes Agave Games unique
- AI accelerates initial art creation, refined by human artists.
- Founders' prior titles amassed over 2.5 billion downloads.
- Targets US, Japan, Europe with dual IAP and IAA monetization.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$25.4M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 5%2 year growth
↑ 1%Stay InformedGet Industry News In Your Inbox…Sign Up Today. Felix Braberg is a founder and host of two a half gamers. This article was originally shared on the Felix Braberg substack. I always joked that a term that was used in the early days of mobile gaming was: “If you want to win, hire a Finn.” Now I say, “If you want to make it work, Hire a Turk.”
With this funding, Agave Games plans to expand its team in Istanbul, double its workforce within 18 months, and develop at least two new titles slated for release in 2025.
Agave Games announced today that it has secured $18 million in funding as part of its Series A round, following a successful seed round earlier this year.
Agave Games, the Istanbul-based AI-driven mobile gaming studio behind the global hit Find the Cat, has raised $18M in a Series A funding round co-led by Balderton Capital and Felix Capital, with participation from E2VC.
Agave Games, turkish creator of 'find my cat,' secures $18M Series A.
There are no jobs for Agave Games right now.
Find jobs on Simplify and start your career today
About Agave Games
Industries
Consumer Software
Entertainment
Gaming
Company Size
51-200
Company Stage
Series A
Total Funding
$25.4M
Headquarters
Istanbul, Türkiye
Founded
2021
There are no jobs for Agave Games right now.
Find jobs on Simplify and start your career today