News Summary

Dream Games, the Turkish mobile game developer behind the popular match-3 game ‘Royal Match,’ is seeking $2.5 billion in debt and equity financing to nearly double its valuation to close to $5 billion. The company, which was previously valued at $2.75 billion in 2022, plans to use the funds to buy out existing investors. The co-founders, including CEO Soner Aydemir, aim to retain 70% ownership of the company post-funding. ‘Royal Match’ has become a massive hit, generating over $5 billion in lifetime consumer spend and achieving 325 million downloads globally.