Mika Games Raises $10 Million to Fund Game Studios

The investment round led by Flint Capital supports mobile gaming studios struggling to reach a mass market audience.

Updated on Oct. 21, 2026 in Startups

Isometric editorial illustration showing a geometric controller sculpture on a pedestal, representing business capital for mobile game development. — Mika Games secured $10 million in funding led by Flint Capital to support mobile game studios in scaling their marketing efforts. AI Illustration. Upload story photo >

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Mika Games has successfully raised $10 million in new funding to help early-stage mobile game studios. Led by Flint Capital, the infusion of capital provides studios the necessary resources to bridge the gap between initial product development and large-scale marketing.

Why it matters

Early-stage mobile game developers frequently lack the marketing history required to secure traditional institutional financing. This funding empowers these studios to scale their user acquisition efforts more effectively.

Mika Games raised $10 million in funding to support its current portfolio of five game studios. The investment follows a 2025 fiscal year where global gaming user acquisition spending reached a total of $25 billion.

The players

Mika Games

This startup invests in early-stage mobile game studios to help them navigate the transition from soft launch to commercial scale.

Flint Capital

This venture capital firm specializes in investing in early-stage technology companies and led the recent funding round for Mika Games.

Nick Katselapov

He is the founder of Mika Games, having established the company in 2023.

The details

Founded by Nick Katselapov in 2023, the startup invests equity into developers while maintaining a separate pool of capital specifically for paid user acquisition tests. The firm's portfolio includes successful titles like Legendale, which has reached over 3 million players, and Punko, which has surpassed 500,000 downloads.

Nick Katselapov founded Mika Games in 2023.
Global gaming user acquisition spend reached $25 billion in 2025.
Mika Games raised $10 million in new funding in 2026.

Market Landscape

This investment highlights the increasing reliance on paid advertising in the modern interactive economy, which saw $25 billion in global gaming user acquisition spend in 2025. By providing liquidity for marketing, Mika Games positions itself as a critical partner for studios competing in a crowded U.S. mobile market.

Gamers may see a wider variety of mobile titles gaining visibility in the app store as smaller studios receive the funding needed to scale their reach. This could lead to an increase in high-quality, independent game options that might have otherwise struggled to find an audience.

The takeaway

Securing financing remains the primary hurdle for independent mobile developers looking to compete with major studio franchises. Creators must prioritize building a robust marketing track record to attract the capital necessary for scaling their player base.