Tamatem Inc. has secured $2.5 million in Series A funding, led by Wamda Capital, to enhance its localized mobile gaming offerings in the MENA region.
Target Information
Tamatem Inc. is the leading game publisher in the MENA region, specializing in localizing popular games to cater specifically to Arabic-speaking audiences. The company has garnered significant attention by focusing on culturally relevant adaptations that resonate with the local user base. Tamatem’s recent success underscores its strategy to fill a crucial gap in the mobile gaming market, where less than 1% of app store games are available in Arabic.
Founded in 2013 by Hussam Hammo, Tamatem faced considerable challenges initially, including skepticism from local investors who were not confident after the founder's previous venture, Wizards Productions, failed. Nevertheless, Hamlet persevered, leveraging his unique insights into the MENA gaming market and engaged with incubators like 500 Startups, which provided the necessary support to kick-start Tamatem's journey.
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Industry Overview in MENA
The mobile gaming industry in the MENA region is on the brink of substantial growth, but it remains severely underserved. With a rapidly increasing smartphone penetration rate and a burgeoning young population
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Disclosed details
Transaction Size: $3M