M&A, Corporate and Private Equity

Kinstellar advises Turkish Unicorn Dream Games on its USD 155 million Series B investment round

July 2021 − Kinstellar has successfully advised Turkish technology start-up Dream Games in raising USD 155 million of new financing in a Series B investment round co-led by Index Ventures (a San Francisco and London-based international venture capital firm) and Makers Fund (a global interactive entertainment venture capital firm), with participation from Balderton Capital, IVP and Kora. The successful B-round funding comes after we have previously advised the client on its USD 50 million Series A round in February 2021.

Dream Games is an Istanbul-based mobile gaming company that develops high-quality mobile games, with its debut game, Royal Match, ranking among the top-20 grossing games in the US, UK and Germany in only three months. Dream Games’ most recent business valuation is USD 1 billion. The company will use the funding to create the next generation of casual puzzle games.

Kinstellar’s team was led by Emre Edmund Özer, Partner in the firm’s Istanbul office, together with Mert Elçin and Beliz Zorlu (Associates) and Of Counsel Can Sevener of Sevener Hukuk.

For more information please contact Emre Edmund Özer, Partner, at