What does Agonalea Games do?
Agonalea Games is a mobile gaming studio dedicated to creating hybrid sub-genre-defining games that evoke childlike wonder, spark joy, and foster meaningful connections among players of all ages. The company builds free-to-play titles that blend popular mechanics from hit games, positioning itself as an innovator in the mobile gaming space.
How much did they raise?
The studio closed a $2M seed round, led by Mika Games. This funding round is designed to power the further development and publishing of its flagship game, Punko.io, a free-to-play hybrid-casual tower defense game that integrates mechanics from successful mobile titles.
What are their plans for the money?
With the new capital, Agonalea Games aims to accelerate the development and market launch of Punko.io, potentially boosting user engagement and expanding its market presence globally. The investment is expected to enhance the studio's ability to innovate and refine its game offerings.
What have they achieved so far?
The company has a track record of success, having built a portfolio of eight original games, contributed to over 20 titles, and launched more than 100 seasonal events and LiveOps campaigns. Early metrics from Punko.io show promising above-market retention rates, comparable to popular games like Candy Crush Saga and Brawl Stars.
