CORE advised Actera Group on its growth equity investment to Brew Games
Core Finance has advised Actera Group on it's USD 4m growth investment into Brew Games, one of the hottest start-ups in the mobile gaming sector with a focus on Hybridcasual games with a core gameplay based on Hypercasual dynamics with a mid-core meta play approach.
The Company has been founded by Ahmet Ufuk Benli, Ali Kodal and Steffen Bohne in February 2021 and is headquartered in Istanbul, Turkey and Berlin, Germany.
Brew has an ambition of becoming an important mobile game development studio in the world with a focus on hybridcasual games approach with a core vision is to implement process optimization & automation to avoid potential project specific asset development failure rate. Co-founder’s prior experience include global studios like Coda, Ubisoft, Netease, Stillfront, Innogames, and Bigpoint with combined experience that generated +100 mn downloads and lifetime revenue of more than USD100 mn.
We believe the combination of these unique individuals who are accustomed of working in projects together, but each have also accumulated experiences from World’s best gaming studios, result in one of the hottest gaming development and publishing start-up and are proud to support them during the journey.
Alper Kiresepi, Managing Partner at Core Finance commented: “We are proud to have assisted Actera Group throughout this exciting time. We believe in Brew and believe that this fresh capital coupled with the strength of its expanded investor base will enable Brew to continue to develop and deliver its truly remarkable technical platform and build an exceptional company.”
This represents Core Finance's 7th transaction in the last 12 months of which 6 were completed in the software space, including Atar Labs' acquisition by Micro Focus, Hoopt's SAFE Seed Round, Zaxe's Series A Round led by KVK among others.