Aditya Hadi Pratama · · 1 min readBeenext, Play Ventures join $5m fundraise of Singapore gaming firm
Potato Play, a Singapore-based mobile gaming startup, has raised US$5 million in new funding from Everblue Management, Play Ventures, Atlas Ventures, and Beenext. The deal pushes the startup’s total funding raised to date to US$7.3 million.
Image credit: Potato Play
Established in 2019 by Vincent Low, Kingsley Joseph, Henji Tan, Carole Le Van and Lijin Liang, Potato Play started as a publisher for HTML5 games. However, after realizing that their players had become accustomed to installing mobile apps, the company pivoted to mobile games.
Potato Play has produced several games such as Merge Rush Z, Sword Hunter, Merge Quest, and Pocket Racing, which have collectively accumulated 18.2 million downloads. It has also recently launched casual puzzle game Merge Restaurant.
The startup plans to use the fresh funds to make new hires and continue improving its games.
See also: These are the most active investors in Singapore’s startups
Editing by Lorenzo Kyle Subido
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