Mubasher: Saudi financial company Impact46 has led a $1 million investment round in Hypemasters, an international game development studio focused on competitive strategy experiences for mobile.
The fundraising transaction also included the participation of GEM Capital, according to a press release.
The new investment will back the studio’s regional expansion and the development of its next generation of competitive strategy games.
Founded in 2019, Hypemasters operates across the US, Europe, and the Middle East, with its main development center in Abu Dhabi.
Its strategy is characterized by competitive depth and precise game design, with more than 7 million players across the globe.
Basmah Alsinaidi, Managing Partner at Impact46, commented: “Strategy is one of the most demanding categories in game development, and Hypemasters approaches it with uncommon discipline.”
Alsinaidi noted: “Their work shows a clear understanding of what committed players expect from this genre, and we believe their upcoming titles can serve a global audience with genuine depth.”
On his part, Boris Kalmykov, CEO and Co-Founder of Hypemasters, said: “We are focused on deepening our presence across the region and pushing forward with the next generation of strategy games, including a major new title already in soft launch.”
“Impact46 shares our long-term vision for building world-class strategy games from the MENA region, and their support reinforces our commitment to expanding our portfolio with high-quality releases,” Kalmykov noted.
Last August, Impact46 took over the Saudi game development studio Kammelna at a value of $53 million (SAR 200 million) to scale its global reach.
