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My.Games Venture Capital has purchased minority stakes in Belarus-based mobile studios Appyfurious, Purple Games, and AppLife.

Chris Kerr, News Editor

December 7, 2020

1 Min Read

My.Games Venture Capital (MGVC) has purchased minority stakes in Belarus-based mobile studios Appyfurious, Purple Games, and AppLife. 

MGVC is the investment division of Russian video game company My.Games, and was launched in 2017 with the remit of helping promising projects and studios find success on the global market. 

As part of the deal, MGVC has the option to increase its holding in all three companies to a controlling stake. For those unfamiliar with the trifecta, Appyfurious is a 75-person strong mobile studio that has released around 20 apps with a combined 40 million installs. 

Purple Games, meanwhile, is a 20-person studio that has just soft-launched its debut title, Greenvale, and AppLife is a casual and hyper-casual developer whose flagship game, Parking Escape, has massed over 10 million installs. 

The news comes a few months after My.Games acquired stakes in hyper-casual studio Mamboo Games and Russian mobile developer Deus Craft.

About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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