Entertainment Software · Istanbul, Turkey · Founded 2022 · Privately Held (backing)
Developer of a gaming platform designed to offer various kinds of gaming experiences. Cypher Games is based in Istanbul, Turkey and was founded in 2022. It was valued at $120 million at its early-stage round in Sep 2025, the last priced event on record. It has raised $43.2 million across 3 recorded rounds; the latest was a $30 million Series A in Sep 2025.
PMV mark · valuation
$120.0M
Oct 2026
Priced at
its early-stage round
Sep 2025
Total raised
$43.2M
Last round
Early Stage VC (Series A)
Sep 2025
Cap table — not yet on record
Cypher Games's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 11 names
·Watch Cypher Games: the Monday email on marks, rounds and moves