Sneaky Panda recently announced the organization raised $6 million in a seed funding round. This money will reportedly be used to expand the company’s development and help it launch its first game sometime in 2022.
This seed funding round was led by BITKRAFT Ventures. Additional participation came from Remagine Ventures, FireArc, Joakim Achrén, and Eyal Chomski.
“The mobile gaming market is saturated with companies that are trying to make better versions of existing products, but our approach at Sneaky Panda is to introduce the ‘luck-puzzler’ genre, a completely new genre that puts more emphasis on skill and strategy than current mobile games in the market,” said Sneaky Panda CEO Ron Rejwan. “A new generation of mobile players have emerged and they are ready for more diverse and challenging gameplay experiences.”
Sneaky Panda is a mobile gaming company based in Tel Aviv, Israel. The organization is famous for developing the luck-puzzler genre of games.
(All information was provided by Gamesindustry.biz and VentureBeat)
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