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Potato Play Raises $1.75m In Seed Round

EARLY VENTURE | ANNOUNCEMENT DATE: 31 AUG 2020
WRITTEN BY | 01 Sep 2020
Potato Play Raises $1.75m In Seed Round
EARLY VENTURE

💵 Early Stage VC

  • Singapore-based mobile games publisher Potato Play has raised $1.75m in a seed round led by BEENEXT, with participation from Atlas Ventures and Play Ventures

  • The company will use the money to scale its sourcing and marketing operations, as well as expanding its technology capabilities

  • Last week, Play Ventures has also invested into a Cyprus-based mobile game developer Colossi Games

💵 Previous Round

  • In March 2020, Potato Play has raised $500k in a pre-seed funding round led by Play Ventures

🎲 Products

  • Potato Play is a data-driven mobile game publisher that aims to bring hybrid-casual games made by Asian developers to global markets

  • Publisher’s team consists of industry veterans, that worked in such companies like Microsoft, Game Studios, Digital Chocolate, King, Ubisoft, and Gameloft

  • Potato also has its market intelligence platform Potato Play SDK, that helps developers to track their games’ performance and enhance monetization capabilities

  • Potato play has published such games as Merge Quest, Merge Rush Z, Epic Match Stars, Pocket Racing: Speed and Drift and Merge Survival

  • The most successful title published by Potato are Merge Quest and Merge Rush Z. Merge Quest has been downloaded about 3.5 million times with a peak of about 651k downloads in July 2019

  • In the third quarter of 2019, the company saw a sharp decline downloads. However, in 2020 Potato started to improve its statistics, thanks in large part to the growing popularity of Merge Rush Z game

Data Spurce: AppMagic

SOURCES: POTATOPLAY

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Potato Play
  • Established in 2018

  • Headquarters — Singapore

  • Founded by Vincent Low, Kingsley Joseph, Carole Le Van, Henji Tan and Liang Lijin

  • Mobile game publisher