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Firefly Games raises $10 million to make Hollywood-based mobile games

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Mobile game publisher Firefly Games has raised $10 million in a second round of funding to expand its efforts to make games based on Hollywood intellectual properties. The company said the round places Firefly’s valuation at $100 million.

Leading the round in the Los Angeles startup was China Construction Bank International Holdings, an arm of one of the big four banks in China. China Credit Limited Holdings also invested. Mobile gaming has become a $36 billion market globally, according to market researcher Newzoo. But fundings are increasingly rare for mobile game companies because of the cutthroat competition and dominance of bigger firms.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.