HOUF Games closes pre-seed round at a $4m valuation
SOBAN leads the game publisher’s first investment round as it prepares more board games and collectible-card products.
Building a portfolio across formats
The amount invested was not disclosed. HOUF’s financing also included unnamed angel investors and funds, with ŞirketOrtağım Melek Yatırımcı Ağı, also known as SOBAN, taking the lead.
The company reported that its first title, Nice to Know! Animals, reached its Kickstarter target within five minutes and that its games had reached players in 42 countries. That early distribution gives the team a starting audience for a broader portfolio.
HOUF plans three new games and two collectible-card series, including a game aimed at East Asian markets. It also intends to take intellectual property developed for physical games into digital formats.
Use of funds
Expand the games and collectible-card portfolio
Grow distribution in the UK, DACH and Benelux
Develop digital versions of original game properties