Core Finance has advised Actera Group which led the $7 million growth investment into Ace Games with the participation of major investors like NfX, Alexis Bonte, Kristian Segerstrale and Kaan Gunay. Core Finance has also invested through its investment arm, Core Ventures.
Ace Games is one of the hottest start-ups in the mobile gaming sector with a focus on Match-3 puzzle games with character driven and immersive meta-game to attract the needs of self-expression and autonomy. Headquartered in Istanbul, Ace Games have been founded by Hakan Baş, Emre Ovacık and Ramazan Alan in 2019. The founders are well known in the mobile gaming industry, with Hakan being a previous co-founder of Peak Games, Emre being an important member of the Peak team and other team members having significant experience from important mobile gaming studios.
We believe Ace Games in terms of its core team has the best-in-class leadership, advisory board, product, performance marketing, engineering, art and data attribution teams that have been handpicked and coordinated perfectly for future success.
Alper Kiresepi, Managing Partner at Core Finance commented: “We are proud to have assisted Actera Group for a second time in their mobile gaming strategy. We love Ace team and firmly believe that the combination of the investor group in the company, both institutional and individuals, will bring tremendous value and expertise going forward.”
This represents Core Finance's 8th transaction in the last 12 months and 2nd in the last 3 months in Mobile Gaming, including Actera Group's investment into Brew Games.