HOGO Games Secures Investment at $5M Valuation
One of Turkey’s rising stars in the gaming world, HOGO Games, just announced a new investment round led by Red Axe Games and a group of angel investors, all at a $5 million valuation.
Founded in December 2022 at the Bilişim Vadisi Gebze Campus, HOGO is a lean team of 11 developers creating both mobile and PC games. Their mobile titles are already live on Google Play and the App Store, and they’ve also released two PC games to date.
Their debut title, Rock Star Life Simulator, made headlines as the first AI-driven game approved by Steam. Both PC games performed exceptionally well, ranking in the top 5% globally on Steam in terms of sales and revenue.
Currently, HOGO is working on two new PC titles as they continue to scale.
Speaking about the investment, Ahmet Çetinli, Founder and CEO of HOGO, shared:
“This investment isn’t just about capital—it’s a strategic growth lever. It’ll empower us to expand our team and boost both the quality and quantity of our games.”
Çetinli also teased upcoming announcements on local and international partnerships, reinforcing HOGO’s mission to help position Turkey as a global force in game development.
