Saudi Arabian venture capital firm Impact46 has announced it is leading a $1 million investment round for Hypemasters, a gaming studio that specializes in developing competitive strategy games for mobile devices. The funding round also saw participation from GEM Capital.
Fueling the Next Generation of Strategy Games
Hypemasters develops strategy games aimed at players seeking deep and competitive experiences on mobile. The studio is currently advancing several new projects, including a flagship strategy game that is in its soft-launch phase. The new capital will be used to accelerate development and support the studio’s expansion into key markets with a consistent demand for the genre.
A Strategic Partnership for Regional Growth
The investment marks a significant vote of confidence in the gaming studio’s vision and its ability to capture a dedicated segment of the mobile gaming market.
Basma Alsunaidi, Managing Partner at Impact46, stated that the investment supports the studio’s expansion and the development of its next-generation strategy games. She noted that the Hypemasters team possesses a precise understanding of the expectations of specialized players in this genre.
Boris Kalmykov, CEO and Co-Founder of Hypemasters, explained that the partnership with Impact46 is a crucial step in the company’s journey. He affirmed the team’s commitment to strengthening their presence in the region and delivering high-quality strategic gaming experiences.
About Impact46
Based in Riyadh, Impact46 is a leading asset management firm and advisor in Saudi Arabia. The firm focuses on alternative investment opportunities, providing unique access to a range of asset classes, with a particular focus on empowering the next generation of technology entrepreneurs in the region.
About Hypemasters
Hypemasters is a mobile game development studio dedicated to creating compelling and in-depth strategy games. The studio targets players who are looking for engaging and competitive experiences, aiming to build a strong portfolio of high-quality titles for a global audience.
Source: Jawlah
