What is Playlab?
Playlab is a leading game developer and publisher that has evolved from a small group of passionate gamers into a substantial organization of over 100 enthusiasts. The company is dedicated to creating high-quality games for iOS, Android, and Facebook platforms. Founded in January 2012 and headquartered in Hong Kong, Playlab operates production studios in Bangkok, Thailand, and Manila, Philippines. These studios are the creative hubs behind hit titles such as Lost Cubes and Juice Cubes, alongside award-winning games recognized at prestigious events like the Games Festival (2004), International Mobile Game Awards (2006 and 2007), and Indie Games Showcase (2007). With a global player base exceeding 25 million downloads, Playlab attributes its success to the diversity and expertise of its team, comprising user experience designers, software engineers, artists, graphic designers, animators, testers, and data analysts. The company possesses a fully integrated development team capable of managing the entire game lifecycle, from initial concept to post-deployment 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 startup ecosystem in the region.
What's next for Playlab?
The recent major strategic investment signals a new phase of expansion and development for Playlab. This capital infusion is likely to fuel further innovation in game development, potentially enabling the company to explore new genres, enhance existing titles, and expand its global reach. Strategic backing at this enterprise level suggests a focus on scaling operations, strengthening market position, and possibly pursuing new technological advancements or strategic partnerships within the gaming industry. Playlab's commitment to leveraging its diverse talent pool and data-driven insights will be crucial in capitalizing on this new round of financing to solidify its standing as a key player in the global gaming landscape.
See full Playlab company page