Mika Games invests $ 2 million in Punko.IO Developer Agonalea Games
Mika Games invests $ 2 million in a hybrid gaming game to surpass plants against zombies
The Game Fund, started by Wargaming co-founder Nick Katsselapov invests in Agonalea Games, based in Buenos Aires Studio behind Punko.Io, the Hybrid-Casual Tower defense game, which supplies the players of the average experience. As the product’s revenue increases by 30%, Mika Games continues to support under -funded game developers.
Nicosia, Cyprus, April 10, 2025-Mika Games, a game investment company that plans to invest $ 50 million in mobile games studios, announced its third investment for a year-round of $ 2 million in AGONale Aires. Founded by Sensor Tower and Pixowl game veterans, the studio will use funding to further develop and publish its free hybrid game game game, Punko.io, which has recently been nominated for the best mobile game of Gamescom Latam Big Festival 2025.
With Punko.io, Agonalea Games delivers exactly what plants against zombies 3 failed to provide a real strategic depth, good long-term progression and most of all fun. Inspired by the product model of Habby’s signature, Punko.io offers the defense of the tower with deep medium roots instead of reduced mechanics, aggressive monetization and raw penalties. A twist? Players can strategically equip their main character with RPG elements of dynamic inventory, mixing the nostalgic charm of Flash Tower’s classic defense with modern gameplay and elegant design.
“We invest in AGONALEA games not only with capital, but also with strategic support to help them build innovative, excellent mobile games,” said Nick Katsselpov, founder of Mika Games. “Medium nuts are facing high requirements for engagement and CPI often exceeds $ 10 and sometimes reaches $ 30. On the other hand, hyper-day-to-day games are struggling with long-term retention. This makes the hybrid perfect mixture offering a strong LTV at lower costs and makes it one of the most frustrated segments
Punko.io integrates key mechanics from the best mobile hits, such as Clash Royale and Archero-Plus, the best plants elements against zombies. This highly engaging mix already provides strong results-starting with the detention rate over the market, which is on par with hit titles such as Candy Crush Saga and Brawl Stars.
Founded in 2018 by Pedro Aira (Ex-Sensor Tower) and Vanina Fregoti (Ex-Pixowl), AGONALEA GAMES already won recognition in the industry, including winning Google Play Latam Indie Fund 2022 and Mobile Game of Year of Agonalea games also play a key role play in Expo (EVA) 2024. AGONALEA Games also played Expo (EVA) 2024. The AGONALEA Games also played EXPO (EVA). Agonalea also played in a key role in the Expo of Agonalea Games. Goosebumps: City of Horror.
“In Agonalea Games, we build experiences that cause a childhood miracle and joy,” said Pedro Ira, co-founder of Agonalea Games. “In a world where social media giants fight for every second of our attention, punko.io turns the script, boldly declaring that today’s media users are the real zombies that must fight. It’s not just a game – it’s a rebellious, strategic revolution that causes the modern life and distracting
This marks the third investment of Mika Games as the company continues to build a portfolio of high -processing mobile games studios. Its existing investments include Guli Games and Hot Siberians. Supported by Boston -based VC company Flint Capital, Mika Games aims to implement $ 50 million in start -ups, helping them score over $ 1 million in a monthly revenue, become self -sufficient and increase ratings with the ultimate goal of IPO. In addition to capital, Mika Games provides practical support in business processes, game design, revenue, marketing and product strategy.
In the sector of the hybrid daily games marked a significant growth in 2023, with over 130 new versions-close to 40% compared to the year. While 2024 was a challenging year for mobile games, with downloads dropped 6% on the App Store and 11% on Google Play-Hybrid-Casual Games have denied the trend by posting a 30% jump in revenue in the last year.
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For Mika Games
Mika Games is an investment company based in Cyprus, established in 2023. The company strategically invests in playing studios with products in Soft Launch, providing leverage for their worldwide scale. It is focused on free mobile games that have the potential to engage players for years, making it genro-agnostic. Currently, Mika Games portfolio includes two studios – Guli Games and Hot Siberians. The company offers the necessary resources, including time, money and expertise to navigate the annoying phase of soft launch and turn the game into a successful business.