9 years ago

Falafel Games Secures $2.6 Million to Expand Gaming Presence in the Middle East

  • Falafel Games, a gaming studio based in Lebanon, has raised $2.6 million in a Series A funding round led by Middle East Venture Partners (MEVP) and iSME Holdings

  • The investment will be used to support upcoming launches and market expansion

  • Falafel Games is one of the first gaming studios to emerge in the Middle East, focusing on MMO (massively multiplayer online) games

  • They are best known for having produced the entirely Arabic content MMO game فرسان المجد (Knights of Glory) and the first game in the MENA to offer cross-platform access between the web and the iPhone حرب الحروب (Hot Blood)

  • Their latest game اكشن انمي (Action Anime) has been their best-selling game thus far.

      • ProblemMedia and Entertainment

      "Venture capitalists in the Middle East have been hesitant to invest in gaming platforms, despite the region's large and growing gaming market."

      Solution

      "Falafel Games develops culturally relevant, Arabic-language MMO games for the Middle Eastern market. Their profitability and understanding of the local audience have attracted investment despite the sector's perceived risk."

      Covered on