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PUBG maker Krafton leads $11M Series B funding in Tamatem Games

Tamatem
Image credits: Tamatem

Tamatem Games is an Amman-based mobile games publisher that partners with international studios and developers, take their games, localise them, and makes them culturally relevant for the Arabic gamer.

The Jordanian company has raised $11M funding in a Series B round led by South Korean video game developer KRAFTON, Inc, maker of popular battle royale game PUBG. Other investors, including Venture Souq, Endeavor Catalyst, and existing investors, participated in the round. 

To date, the company has raised over $17M and now values around $80M. 

“The demand for relatable and enjoyable mobile games is higher than ever and our mission is to provide our region with the best gaming experience possible,” says, CEO & Founder Hussam Hammo.

Fund usage

The funding will enable Tamatem Games to accelerate its efforts further to bring more popular titles to the Arabic-speaking market. 

The company is also planning to expand its presence in Saudi Arabia by broadening the office and hiring local Saudi talent. As per the company’s claims, Saudi Arabia harbors 70% of its users. 

Tamatem says it plans to launch a gaming academy to train, educate and elevate employment in the industry. 

Arabic mobile publisher 

Founded by Eyad Al Basheer, Hussam Hammo, and Sohaib Thiab in 2013, Tamatem is a leading mobile game publisher in the MENA region. 

The company primarily focuses on games genres including Racing, drifting, MMO-RPG, strategy, puzzle and word, story-based games, and trivia games.

The company has over 100M game downloads, 1M monthly active users, and over 50 published games.

“Big things are happening for the mobile games industry in the region, we are reaping the rewards of our past successes and pushing forward with more experience and more grit. We are at the tip of the iceberg when it comes to the massive potential of mobile games in MENA and I am always super elevated when more people invest in the industry and the region” – CEO & Founder Hussam Hammo.

Who is KRAFTON, Inc?

KRAFTON is a collective of independent game development studios brought together to create innovative and engaging entertainment experiences for gamers. 

The companies consist of PUBG Studios, Bluehole Studio, Striking Distance Studios, RisingWings, Dreamotion, and Unknown Worlds. It is known for some of the famous games, including PUBG: BATTLEGROUNDS, PUBG: NEW STATE, The Callisto Protocol, TERA, and ELYON.

Commenting on the investment, Anuj Tandon, Head (India and MENA), Corporate Development, KRAFTON, Inc. said, ‘We see huge potential in the MENA region and are happy to have started our investment journey here with a prolific publisher like Tamatem. We are committed to the MENA region and willing to take more bets in the overall Media and Entertainment Sector, and this investment is aligned with our efforts to strengthen our commitment to the startup ecosystem. This is just the beginning of our many investments in this region.’ He further added, ‘As we continue our focus to provide the best experience for our MENA users of our various games including PUBG:NEW STATE, Tamatem’s deep understanding of the local landscape and this collaboration will be very helpful.’

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