Kek Entertainment, a Moscow and Cyprus-based “gaming video creator,” has attracted $3 million in pre-seed funding to develop mobile action games. This is “the largest pre-seed round ever in a gaming startup from in Russia or neighboring countries,” the participants in the deal claimed.
The company started in September and is hiring. It was founded by two former executives at Pixonic and My.Games. Georgy Egorov and Oleg Poroshin want to focus on competitive multiplayer games, in which they see “the most exciting and fastest-growing entertainment niche.”
The funding was provided by The Games Fund, a vehicle launched in April this year by Russian industry veterans, and Play Ventures, a major Cayman-based early stage gaming VC.
“The investment shows that Eastern Europe continues to be a hotbed for new game studios,” notes Games Beat, citing The Games Fund, which says the region has more than 5,000 game studios.
Sources: Games Beat, VC.RU
