{"id":5137,"date":"2021-12-11T10:34:30","date_gmt":"2021-12-11T17:34:30","guid":{"rendered":"https:\/\/www.gamesround.com\/blog\/?p=5137"},"modified":"2021-12-11T10:34:31","modified_gmt":"2021-12-11T17:34:31","slug":"sneaky-panda-secures-6m-in-seed-funding","status":"publish","type":"post","link":"https:\/\/www.gamesround.com\/blog\/sneaky-panda-secures-6m-in-seed-funding","title":{"rendered":"Sneaky Panda Secures $6m In Seed Funding"},"content":{"rendered":"\n<p>Israeli mobile game developer and publisher Sneaky Panda revealed that it has secured $6 million in a seed funding round. &nbsp;<\/p>\n\n\n\n<p>Led by <a href=\"https:\/\/www.gamesround.com\/blog\/roblox-music-game-developer-splash-raises-20-million\" title=\"Roblox Music Game Developer Splash Raises $20 Million\">Bitkraft Ventures<\/a>, the funding round saw participation from FireArc, Remagine Ventures, and other angel investors such as Eyal Chomski and Joakim Achr\u00e9n.&nbsp;<\/p>\n\n\n\n<p>The studio said the money will be spent on increasing the development team and launching its first title in 2022. Furthermore, Sneaky Panda intends to launch the &#8220;luck-puzzler&#8221; genre to the market with its debut title.&nbsp;<\/p>\n\n\n\n<p>Ron Rejwan, the co-founder of Jelly Button and Niv Touboul, the co-founder of mobile game developer Upopa Games, created Sneaky Panda. Both Rejwan and Touboul are mobile game veterans.&nbsp; Rejwan serves as the CEO of Sneaky Panda.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>&#8220;The mobile gaming market is saturated with companies that are trying to make better versions of existing products, but our approach at Sneaky Panda is to introduce the &#8216;luck-puzzler&#8217; genre, a completely new genre that puts more emphasis on skill and strategy than current mobile games in the market,&#8221; said Rejwan. &#8220;A new generation of mobile players have emerged, and they are ready for more diverse and challenging gameplay experiences.&#8221;<\/p><\/blockquote>\n\n\n\n<p>&#8220;Ron and Niv are highly experienced, extremely versatile, driven entrepreneurs whose speed and quality of execution is outstanding. Mobile gaming represents one of the fastest-growing gaming platforms worldwide, and the market is ripe for genre innovations,&#8221; Bitkraft Ventures founding partner Malte Barth added. &#8220;The Sneaky Panda team is creating a completely new genre in the mobile gaming space, and we believe there is a sizable audience that play puzzle and luck games that will appreciate the innovative design of Sneaky Panda&#8217;s first title and become a loyal community.&#8221;<\/p>\n\n\n\n<p>Rejwan said that while he worked at Jelly Button, the group produced Pirate Kings, which established the social casino genre and now generates billions of dollars every year.<\/p>\n\n\n\n<p>Send your news to news@gamesround.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Israeli mobile game developer and publisher Sneaky Panda revealed that it has secured $6 million in a seed funding round. &nbsp; Led by Bitkraft Ventures, the funding round saw participation from FireArc, Remagine Ventures, and other angel investors such as Eyal Chomski and Joakim Achr\u00e9n.&nbsp; The studio said the money will be spent on increasing [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":5138,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[421,1149,1152,1150,1148,1151],"_links":{"self":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/5137"}],"collection":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/comments?post=5137"}],"version-history":[{"count":5,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/5137\/revisions"}],"predecessor-version":[{"id":5143,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/5137\/revisions\/5143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media\/5138"}],"wp:attachment":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media?parent=5137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/categories?post=5137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/tags?post=5137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}