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Argentina-based studio Agonalea Video games has raised $2 million from funding agency Mika Video games in a seed funding spherical.
The funds will go towards additional creating and publishing its hybridcasual tower defence recreation Punko.io.
In a press launch, the corporate took purpose on the shortcomings of one other tower defence title, Crops vs. Zombies 3, over its strategic depth and long-term development.
Punko.io is alleged to take inspiration from hybridcasual specialist Habby’s product mannequin, fusing tower defence with deep mid-core roots, “as a substitute of dumbed-down mechanics, aggressive monetisation, and harsh punishments”.
“Flips the script”
Agonalea Video games was based in 2018 by gaming veterans from market intelligence agency Sensor Tower and cellular video games studio Pixowl.
The increase marks Mika Video games’ third funding from its $50m fund, following offers with Guli Video games and Scorching Siberians.
“At Agonalea Video games, we construct experiences that evoke childlike surprise and pleasure,” stated Agonalea Video games co-founder Pedro Aira.
“In a world the place social media giants struggle for each second of our consideration, Punko.io flips the script, boldly declaring that in the present day’s media shoppers are the true zombies to battle. It’s not only a recreation – it’s a rebellious, strategic revolution that challenges the distractions of recent life and units a brand new customary for the style.”
Punko.io
Mike Video games founder Nick Katselapov added: “We’re investing in Agonalea Video games not simply with capital, however with strategic help to assist them construct modern, standout cellular video games.
“Midcore video games are going through excessive engagement calls for and a CPI typically exceeding $10 and generally reaching $30.
“Then again, hypercasual video games wrestle with long-term retention. This makes hybrid-casual an ideal mix, providing sturdy LTV at decrease UA prices and making it one of the vital worthwhile segments in cellular gaming.”
We spoke with Agonalea Video games co-founder Pedro Aira final 12 months about how Punko.io goals to be a part of a brand new wave of hybridcasual titles redefining cellular gaming.
