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Krafton leads a $ 11 million investment in Jordan’s Tamatem game

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KraftonPlayerUnknown’s Battlegrounds maker, led a $ 11 million round of investment in Jordan-based Tamatem Games Amman.

Tamatem Games focuses on publishing games for the Arabic-speaking market, and its title has been downloaded more than 100 million times so far.

Other investors included Venture Souq, Endeavor Catalyst, and existing investors.

Following the investment in play and the success of previous publications, Tamatem plans to further expand its efforts by bringing the Arabic-speaking market a wide selection of games with larger and more popular titles. doing. Tamatem has 75 employees and focuses on publishing games created by external developers.

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“The demand for friendly and fun mobile games is higher than ever, and our mission is to provide the best possible gaming experience in our region,” said Hussam Hammo, CEO and founder. It is stated in.

The publisher will also expand its offices in Saudi Arabia to hire local Saudi talent and build a stronger foothold in countries with 70% of its users. In addition to its expansion efforts in Saudi Arabia, Tamatem also plans to expand to more countries in the region. Plans to launch a game academy to train, educate and improve employment in the industry are also imminent for Tamatem to drive market growth and maturity.

“Big things are happening in the mobile gaming industry in the region. We are benefiting from past successes and are moving forward with more experience and more grit,” said Hamo. “When it comes to the great potential of mobile games in the Middle East / North Africa (MENA), we are at the tip of the iceberg. As more people invest in industries and regions, I’m always very high.”

The company has raised more than $ 17 million since its inception in 2013. There are over 50 public games and 1 million monthly active users.

In a statement, Anuj Tandon, Head of Corporate Development for MENA in India and Krafton, said, “We believe there is great potential in the MENA region and we are investing here with prolific publishers like Tamatem. I am happy to have started my journey. ” “We are committed to the MENA region and are ready to place more bets across the media and entertainment sector. This investment is in line with our efforts to strengthen our commitment to the startup ecosystem. This is just the beginning of many investments in the region. “

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Krafton leads a $ 11 million investment in Jordan’s Tamatem game

https://venturebeat.com/2021/12/06/krafton-leads-11m-investment-in-jordans-tamatem-games/ Krafton leads a $ 11 million investment in Jordan’s Tamatem game

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