MadBox, a Paris, France-based startup developing mobile games, raised €15m in Series A funding.
The round was led by Alven.
This funding round will enable the company to accelerate growth.
Stemming from the merger of two Paris-based game studios in summer 2018, Madbox is the game studio behind StickMan Hook, Dash Valley, Sausage Flip and Golf Race.
Created by a team of gaming veterans, the studio develops an in-house creative methodology, accelerated by a focus on production, marketing & financial prediction automation.
With this investment, the company will be able to diversify its offering towards new mobile game genres, while keeping its formula based on automation & internal creative techniques. The next few quarters will focus on acquiring world-class mobile gaming talent to reinforce Madbox’s team.