Dream Games hit it big with Royal Match.

Match-3 team at Turkey’s Dream Games raises $155M at $1B valuation

Turkey has another unicorn on its hands. Dream Games has raised $155 million at a valuation of $1 billion thanks to its focus on match-3 casual mobile games such as Royal Match.

The Istanbul-based Dream Games has closed a second institutional round co-led by Index Ventures and Makers Fund. Other investors included Balderton Capital, IVP, and Kora. Royal Match has more than six million monthly active users. That’s a lot, but the confidence that investors have in Dream Games is still pretty astounding, even in gaming’s current investment boom.

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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.