Agave Games raises $18 million in funding to expand Find the Cat game to mobile

Agave Games announced today that it has secured $18 million in funding as part of its Series A round, following a successful seed round earlier this year. Felix Capital and Balderton Capital co-led the round with participation from E2VC. According to Agave, it plans to use the funding to expand its popular mobile puzzle game Find the Cat, as well as explore new game development and expand its team at its Istanbul location.

Find the Cat is a casual puzzle game where players, as the name suggests, must find the cat. According to Agave, the game achieved more than 10 million downloads in its first quarter on the market. “This investment allows us to double down on the success of Find the Cat while exploring new ideas that will redefine casual puzzle gaming,” Alper Oner, CEO of Agave Games, said in a statement. “We are excited to take our studio to the next level by expanding our team and portfolio.” With games that set new standards within established genres.

As mentioned, the studio plans to develop new puzzling titles to follow up on Find the Cat, with plans to release at least two of them next year. According to Agave, it plans to focus on innovative gameplay mechanics and social features, while also using a dual focus on monetization through in-app ads and in-app purchases. The new games “will push the boundaries of what players expect from casual gaming, introducing new concepts that we believe will have global resonance,” Baran Terzioglu, CEO and co-founder of Agave, said in a statement.

Rob Moffat, partner at Balderton Capital, said in a separate statement: “Find the Cat has been an overnight success after two years in the making. Agave has put together an exceptional team and has worked extremely hard to define new genres, refine them and produce polished games. Find the Cat is Just the beginning, and I’m excited to see more of their pipelines up and running in 2025.