What is Playlab?
Founded in January 2012 and headquartered in Hong Kong, Playlab has evolved into a substantial entity with over 100 employees across its production studios in Bangkok, Thailand, and Manila, Philippines. The company is dedicated to creating high-quality games for iOS, Android, and Facebook platforms. Playlab is recognized for its hit titles such as Lost Cubes and Juice Cubes, and has garnered awards from prestigious events including the Games Festival (2004) and the International Mobile Game Awards (2006 and 2007). With more than 25 million game downloads globally, Playlab attributes its success to the diverse expertise of its team, which includes user experience designers, software engineers, artists, graphic designers, animators, testers, and data analysts, enabling them to manage the entire social game lifecycle from inception to post-deployment improvements and live operations.
How much funding has Playlab raised?
Playlab has raised a total of $5M across 1 funding round:
Series A
$5M
Series A (2015): $5M with participation from Monk's Hill Ventures
Key Investors in Playlab
Monk's Hill Ventures
Monk's Hill Ventures is a venture capital firm that invests in ambitious tech founders in Southeast Asia, particularly at the Series A stage. They focus on supporting entrepreneurs who are dedicated to changing millions of lives through technology and aim to build a strong ecosystem for startups in the region.
What's next for Playlab?
The recent major strategic investment signifies a pivotal moment for Playlab, likely enabling the company to accelerate its growth trajectory, expand its development capabilities, and potentially explore new markets or intellectual properties. This capital infusion is expected to fuel further innovation in game development and bolster its publishing efforts, reinforcing its competitive edge in the dynamic gaming industry. The company's focus on diverse talent and end-to-end game production suggests a strategic approach to sustained development and market penetration.
See full Playlab company page
