Game development agency Amber announced it will receive a $20 million investment from London-based investment firm Emona Capital to accelerate its global growth through M&A.
Dominik Dolenec, Managing Partner at Emona Capital, will join Amber’s Board of Directors to support Amber as it goes forward.
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Founded in 2013 in Bucharest, Amber has seen growth in revenue in the last five years. In 2021, the company had a record turnover of $30 million; approximately 70% of the revenue was generated through game development projects. The other 30% came from development support services like quality assurance, customer support, and localization. Amber has worked with gaming companies like Amazon, Disney, Warner Media, and Big Fish Games.
Mihai Pohuntu, Chairman of Amber said:
“This is the beginning of a new chapter in the history of Amber, one that will see us extending our network of studios to cover all genres and platforms, while reinforcing our studio service capabilities. At this larger scale, we can realize our agency vision to evolve game development ecosystems around the world through investments in community and innovation.”
During June, Amber announced its 8th office opened in Warsaw, Poland.
