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Krafton leads $11m funding round in Tamatem Games

Tamatem Games has raised $11 million in a funding round led by Krafton, PlayerUnknowns Battlegrounds parent company.

The round also included investment from new investors Venture Souq and Endeavor Catalyst, as well as existing investors, GamesBeat reported.

Tamatem is a mobile publisher focusing on the Arabic-speaking market and based in Amman, Jordan. It has published over 50 games to date. It currently employs 75 people and the funds will go towards its expansion in Saudi Arabia.

The company also plans to open a training programme to contribute to the growth of talent in the region.

Tamatem Games has raised $17 million since its inception in 2013.

Anuj Tandon, head of corporate development for India and MENA at Krafton, commented: "We see huge potential in the MENA region and are happy to have started our investment journey here with a prolific publisher like Tamatem."

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