Founded in Kayseri in 2019, Wide Game Studio came to life with the coming together of a group of passionate friends and received pre-seed investment from Kultepe Investment at a valuation of $1.2 million. Additionally, Fatih Sahin and Vedat Cavusoglu, angel investors from Kayseri, also participated in this round.
The team united and founded Wide Game Studio to develop virtual reality games. However, they initially needed a virtual reality headset. The team set out to Istanbul to acquire the first pair of glasses. They did project-based work to obtain the resources necessary to develop the project and spent this earnings on game development.
The team, which started to stay in the same house and develop games with a team of 12 people during the epidemic, developed the “Project: Pseudowar” project during this period. They also developed applications such as VR School and VR Meeting to raise financial resources. Later, the team that developed Flare Frenzy developed a successful game in the field of virtual reality (VR) and made its first sales.
The team, which plans to launch the game called HEX’O’CURA with this investment, will strengthen its goal of making its games available to a wider audience by growing further in the field of virtual reality games with the financial support provided by this investment. The team, which is the first graduate of the Abdullah Gul University Pre-Incubation program, continues its work in the incubation office in AGU as Wide Game Studio Inc.
Ramazan Mert Ural, one of the founding partners of Wide Game Studio, said;
“This investment is an important milestone on our company’s path to achieving its growth goals. We believe that we will start a new era in the virtual reality (VR) world with our new game HEX’O’CURA. With the support of Kultepe Investment, we are one step closer to this goal.”
In the statement given by Kultepe Investment;
“It has become very difficult for startups to receive investment recently. This situation is even more difficult for startups located in Anatolia. Regardless of sector and city, we have funded a total of 20 startups in our two funds to date. Wide Game Studio is our third investment based in Kayseri. We celebrate the team’s success and staying together through many challenges so far, and we are excited about our future collaboration. We look forward to continuing this exciting journey together, contributing to the further growth and development of the virtual reality world.”
Source: Egirisim / Prepared by Irem Yildiz