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Scopely Secures Majority in Loom Games at $1B+ Valuation

WRITTEN BY | 23 Feb 2026
Scopely Secures Majority in Loom Games at $1B+ Valuation
M&A

US-based mobile games publisher Scopely has acquired a majority stake in Türkiye-based mobile game developer Loom Games for undisclosed terms. The deal is structured as a multi-year performance-based agreement and values the company at more than $1B, making Loom Games the seventh gaming unicorn in Türkiye. Founded in 2025 in Istanbul by CEO Kübra Gündoğan and CTO Emre Çelik, the ~20-person studio launched hybrid-casual puzzle game Pixel Flow! in Aug’25. The title has since surpassed 10 million players, reached millions of DAU, and achieved $2m+ in daily revenue. Pixel Flow! is the only casual game released in the last 12 months to break into the monthly US top 20 grossing charts.Image1Loom Games raised $2m in seed funding in Jan’26 at a $36m valuation from Arcadia Gaming Partners Akin Babayigit and early-stage fund e2vc, reaching unicorn status in under 60 days from close. It marks one of the fastest leaps to unicorn status in gaming history. Gündoğan and Çelik previously co-founded Crescive Games in 2019, where they developed over 70 game prototypes. Their previous title, hybrid-casual puzzle game Twisted Tangle, was published by Rollic Games and surpassed 10 million downloads within two months of launch. The founders will continue to lead the studio from Istanbul.

Scopely ranks as the number one mobile games company in the US and second globally by revenue. The publisher is wholly owned by Saudi Arabia-based Savvy Games Group, which acquired Scopely for $4.9B in Jul’23. Scopely subsequently acquired Niantic’s games division for $3.5B in Mar’25, bringing location-based AR titles Pokémon GO and Monster Hunter Now into its portfolio. Scopely’s flagship title, casual mobile board game MONOPOLY GO!, has surpassed $6B in lifetime revenue faster than any other mobile game in history. The portfolio also includes Stumble Guys, a party action game acquired in 2022, which Scopely has since expanded into a cross-platform franchise with over 600 million lifetime downloads and approximately 38 million MAU.Image3The Loom Games deal aligns with Scopely’s broader M&A approach, which, according to Co-CEO Javier Ferreira, prioritizes identifying high-performing creative teams with proven traction and integrating them into its ecosystem rather than building comparable capabilities internally. The transaction also expands Scopely’s footprint in Türkiye, one of the most vibrant hubs for mobile game talent in EMEA, and adds a hybrid-casual title to its portfolio. Since 2020, Türkiye has attracted $6.2B in M&A deal value across 6 exits and $1.1B raised across 117 funding rounds, leading regional mobile gaming investment. Israel is the closest competitor, with $2.1B in M&A value and 6 exits. At the same time, mature markets such as the UK and Finland continue to deliver consistent deal flow, with $1.8B and $1.2B in M&A value, respectively. For a deeper look at how Türkiye became a global mobile gaming powerhouse, see our earlier analysis Five Years of The Rising Gaming Empire.Image1

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