Mika Games Emerges as New Investment Firm Founded by Wargaming's Nick Katselapov

Nick Katselapov, co-founder of Wargaming, has launched Mika Games, a new investment firm. According to VentureBeat, Mika Games secured $10 million in its initial funding round and has invested in mobile game studios Guli Games and Hot Siberians. The company aims to secure $50 million to support the mobile gaming sector. In addition to providing financial backing, Mika Games will offer developers comprehensive support services, including marketing, game development, and revenue optimization. "A staggering 83% of mobile games fail to survive beyond three years, largely due to insufficient funding and inadequate business guidance," Katselapov stated. "We have identified a substantial gap in the market, which presents a significant opportunity for growth. Our unique blend of investment and operational experience enables us to identify and support talented teams and ambitious game projects."