💸The Kingpin strikes again
Tripledot President Akın Babayigit, known as mobile gaming’s “Kingpin,” makes headlines with $800M Applovin deal
Hello everyone 👋
Just like last week, this week continues with a series of investments from Turkiye!
💸Tripledot Studios acquires AppLovin’s mobile game unit for $800M
The half-cash, half-equity deal will see AppLovin become a minority shareholder in Tripledot Studios while allowing Tripledot to expand its footprint in key strategic markets, including the US and Asia.
As a result of this deal and subject to its closing, Tripledot Studios will operate a total of 12 studios with more than 2,500 team members across 23 cities globally.
Tripledot will have over 25 million daily active users and annual gross revenues of nearly $2 billion, making it one of the top five independent mobile game studios globally by revenue.
📰 Featured News
📰Fuse Games secures $7 Million investment with Griffin Gaming Partners leading
The funding will support Fuse Games’ original IP development, expansion of its development team, and continued investments into proprietary tools and technology.
📰Alpaka Games raises $2.25M to build the next generation of hybrid action mobile games
Alpaka Games, a self-publishing mobile game studio focused on hybrid action titles, has raised $2.250.000 million in a seed funding round led by Ludus Ventures, with participation from a16z speedrun and Revo Capital.
📰Arcadia backs Sett’s $27M investment round to transform game development with AI
Sett, a Tel Aviv-based AI startup, exits stealth with $27M funding to transform mobile game development and marketing through AI agents.
📰Classy Games Studios secures investment from Merak Capital & Exel by Merak
Classy Games Studios plans to enhance the development of its game “Silly Suspects” and contribute to the growth of the gaming industry in Saudi Arabia.
📰Turkish mobile game studio Mage Games soft-launches Goal Battle
Mage Games’ first game, Goal Battle, is a 1v1 PVP game in which teams of 5 football players battle each other in different arenas with powerful abilities.
📰Katie Madding joins Sensemitter as CEO to lead SaaS expansion
Former CPO of Adjust brings a decade of AdTech and product leadership to fast-growing player insight platform Sensemitter.
📰Last week in the industry
📰Datahumble launches to give PC game studios a competitive edge
📰Liftoff announces minority growth equity investment from General Atlantic at $4.3 billion valuation
📰SciPlay launches a new multi-team studio focused on Hybrid/IAA games
📰Upcoming mobile games releasing in May 2025
🎙️ Inside UDO’s evolution: CEO Türker Karahan shares growth strategy and vision
Our interview with Türker Karahan covers the company’s relationship with TaleWorlds, Hammer Hub’s importance for UDO, and the future goals of the company.
🎙️ Interview with Dr. Serkan Toto on Japan’s gaming market
Dr. Serkan Toto, CEO and Founder of Kantan Games, explains what makes Japan one of the world’s strongest and most influential gaming industry markets.
✒️Featured Article - From hypercasual games to AI apps, Turkiye’s next developer boom
As AI consumer apps continue to gain momentum, 2025 may be the year that defines Turkiye’s next wave of mobile success stories.
🗺️ The event scene!
🎮 Immerse yourself in a world of insightful talks, dynamic panel discussions, and engaging summits. Discover the best indie games, celebrate the top Polish games of the past year at the prestigious Digital Dragons Awards Gala, and explore the vibrant city of Krakow.
👾 Experience Digital Dragons Conference 2025, where industry expertise and leaders converge!
Leadership Day 2025: Shape the Future of Game Development
Save the date: Leadership Day by IGDA Finland is kicking off Finnish Games Week on October 6, 2025. Join us at Helsinki City Hall as we discuss the future of game development.
IGDA Finland is looking for passionate speakers to share their expertise on critical leadership topics that drive success in the gaming industry.
This is your chance to:
Inspire and educate: Offer often overlooked insights into building better companies, teams, and working cultures.
Connect with leaders: Engage with industry professionals and build lasting relationships.
Shape the conversation: Share your unique perspective on key leadership challenges and opportunities.
Topics of Interest:
Building Resilient Companies
Navigating Team Dynamics
Fostering Accessibility
Shaping Corporate Culture
Leveling up Employees and Teams.
Managing Stakeholders
Optimizing Remote Work
Cultivating Investor Relations
Championing Corporate Social Responsibility
Best practices in outsourcing and co-development.
And any other leadership topic you're passionate about!
Submit your proposal by June 6, 2025, using this form: https://forms.gle/icDjnEEoeasPe2ap8
Learn more: https://www.igda.fi/leadership-day
That’s it for the weekly newsletter. You can follow our social media accounts by clicking the buttons below to get the latest developments and participate in our community events.
See you next week! 👋
News | Job Board | Events | Members
Our social media accounts