Funding

Europe’s Leading Gen Z VC Wave Ventures Triples Fund Size To €7M

May 15, 2025 | By Kailee Rainse

TaleMonster Games is a studio in Istanbul created by former Peak Games employees, has raised $7 million in Seed funding.

SUMMARY

  • TaleMonster Games is a studio in Istanbul created by former Peak Games employees, has raised $7 million in Seed funding.

The round was led by General Catalyst, with support from a16z Speedrun, Arcadia, and Ludus Ventures.

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TaleMonster was founded with a simple idea: today's players are more experienced, and it's time for games to become more creative and complex to match.

“We’re a multidisciplinary founding team united by a shared obsession with product and a deep love for games,” said Irem Sumer, co-founder and CEO.

“We started TaleMonster because we saw something missing in the games we loved.

Casual games have become too predictable, too optimised, and not enough fun. We believe players deserve better: games that surprise, challenge, and evolve with them.”

The founding team of TaleMonster Games has worked on some of the biggest games in the industry, including games made at Peak Games, which was bought by Zynga for $1.8 billion.

They bring years of experience in creating and growing successful puzzle games, and they have a strong history of making high-quality games from start to finish.

TaleMonster isn’t just focused on making one successful game. They want to build a team of passionate and curious people who can create many great games over time.

The studio wants to create an environment where talented people can succeed, developing not only games that last but also a lasting company culture.

Their first game, Match Valley, shows they’re on the right path. Players spend an average of 52 minutes playing the game every day.

According to Sumer:

“We’re building a team that grows with every title we release; sharp, curious, and unafraid to experiment. With this funding, we can go faster, think bigger, and keep raising the bar for what casual games can be.”

“Mobile players have changed. They've grown sharper, more curious, and a lot harder to impress. They can tell when a game is built with care and when it’s not,” said Sumer.

“We want every game we build to feel like it respects your time, your attention, and your skill.”

They plan to use the funding to grow the team, speed up development, and keep improving systems that help make smarter game design, personalized experiences, and faster game launches. This will allow them to learn quickly and create a collection of games that players will keep coming back to over time.

About TaleMonster

TaleMonster is a mobile game company focused on creating fun and exciting games for players. They want to change how casual mobile games are made by focusing on passion and creativity in development. Their goal is to create high-quality games that will be memorable for millions of players.

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