Mika Games raises $10 million for early mobile studio growth

Flint Capital led the new financing. The investment company says it wants to support studios before their marketing performance is fully proven.

The Cyprus-based company combines studio investment with funding for user-acquisition experiments. Those tests are intended to measure retention, monetisation and marketing payback before larger financing decisions. Its portfolio expanded from three studios to five this year. The October round is fresh funding; the company’s previously announced fund size is a separate figure and should not be added to it as another new investment.