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

Agave Games announced today that it has raised $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 funds to expand its popular mobile puzzle title, 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 in which players must, as the name implies, find the cat. According to Agave, the game had more than 10 million downloads in its first quarter on the market. Alper Oner, CEO of Agave Games, said in a statement: “This investment allows us to double the success of Find the Cat while exploring new ideas that will redefine casual puzzle games. “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 stated, the studio plans to develop new casual puzzle 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 monetization approach with advertising and in-app purchases. Baran Terzioglu, CPO and co-founder of Agave, said in a statement that the new games “will push the boundaries of what players expect from casual games, introducing new concepts that we believe will resonate globally.”

Rob Moffat, partner at Balderton Capital, said in a separate statement: “Find the Cat is an overnight success, after two years of development. Agave has built an exceptional team and has worked very hard to identify and optimize new genres and produce polished games. Find the Cat is just the beginning; I am excited to see more products from their portfolio come online in 2025.”