Dubai – Sharikat Mubasher: Playgama, a UAE-based game tech startup aiming to give HTML5 game developers access to the whole web market at once, announced raising $3 million in its latest funding round.
The round was led by The Open Platform and s16vc with participation from FJ Labs, The Games Fund, TON Ventures, and Kirill Eves, CEO and Founder of Unlimit, according to the company’s press release.
Playgama’s vision is to streamline distribution through a "master key" approach, providing developers with a simple and efficient route to tap into all available platforms, languages, and markets, maximising their chances of reaching a large and diverse audience.
To achieve this, Playgama is creating a full-scale Platform-as-a-Service (PaaS) ecosystem that is aimed to provide game developers with all the tools they need to navigate the fragmented web market, enhancing their reach and ROI while freeing them from the hassle of tackling distribution challenges and allowing them to focus on game creation and development.
Playgama’s founder, Dmitry Kachmar, started the company in 2023 in Dubai, during a sabbatical he took to complete his studies at Harvard Business School. Now, the company operates with a team made up of over 30 employees, spanning locations from the US to Indonesia, with the headquarters in Dubai.
Dmitry Kachmar, Founder of Playgama, commented: “We want to transform the web gaming market and empower HTML5 game creators to effortlessly reach audiences they once could only dream of. Currently, Playgama’s distribution network has the potential to reach over 200 million monthly active players—and this is just the beginning. With this funding, we’ll accelerate further improvement of Playgama’s platform for developers, expand our toolkit, and introduce advanced analytics and fintech solutions.”
Andrey Klebanov, Managing Director, The Open Platform added: “At The Open Platform, we value Playgama’s commitment to providing HTML5 developers with an end-to-end toolkit for launching games as Telegram mini-apps and browser-based experiences. This approach not only simplifies access to diverse platforms but also opens doors for fintech and crypto innovations—offering developers and players new possibilities in gaming and payments.”
