Playgama, a UAE-based gametech startup, has successfully raised $3 million to accelerate the development of its Platform-as-a-Service (PaaS) ecosystem, designed to empower HTML5 game developers and streamline the fragmented web gaming market.
The funding round was led by The Open Platform and s16vc and saw participation from FJ Labs, The Games Fund, TON Ventures, and Kirill Eves, CEO and Founder of Unlimit.
Founded in 2023 by Dmitry Kachmar, Playgama offers a comprehensive platform for HTML5 game creators, aiming to simplify the monetization and distribution of games across multiple markets and platforms. The funding will enable Playgama to expand its toolkit, integrate advanced analytics, and introduce fintech solutions, enhancing its value proposition for developers worldwide.
Key Highlights
- Partnerships with Web2 and Web3: Playgama’s platform bridges the gap between Web2 and emerging Web3 technologies, supporting play-to-earn mechanics and crypto payments.
- Empowering Game Creators: Playgama aims to simplify HTML5 game distribution by providing game developers with a unified platform with access to multiple gaming platforms and markets to reach the global web gaming market.
- Platform-as-a-Service (PaaS): The company is developing a PaaS ecosystem that includes the open-source Playgama Bridge SDK, enabling game developers to integrate once and distribute across a vast range of platforms, enhancing reach and monetization opportunities.
As the Middle East emerges as a hub for gaming innovation, Playgama is positioning itself to take advantage of the region’s rapidly growing gaming industry, which is projected to reach $10.69 billion by 2029. The global HTML5 gaming market, while growing, remains highly fragmented, with thousands of standalone platforms and marketplaces that make it challenging for developers to access a wide audience.
Playgama’s Solution: One Platform to rule them all
In the fragmented world of web gaming, where developers are forced to juggle countless platforms, Playgama emerges with a bold promise: One platform to rule them all. With its revolutionary approach, Playgama aims to unite the scattered universe of HTML5 game distribution into a single, seamless ecosystem.
At the heart of this vision is Playgama Bridge—a powerful, open-source SDK that acts as the ultimate “master key” for developers. This single integration allows creators to unlock access to all platforms, all markets, and all audiences.
“We want to transform the web gaming market and empower HTML5 game creators to effortlessly reach audiences they once could only dream of,” says Dmitry Kachmar, Founder of Playgama. “Currently, Playgama’s distribution network has the potential to reach over 200 million monthly active players—and this is just the beginning. With this funding, we’ll accelerate further improvement of Playgama’s platform for developers, expand our toolkit, and introduce advanced analytics and fintech solutions.”
By breaking down the walls between platforms and markets, Playgama offers the unified solution developers have long awaited—one platform, infinite possibilities.
Strategic partnerships to bridge Web2 and Web3 Gaming
Playgama’s approach includes bridging the gap between traditional Web2 gaming and the rapidly growing Web3 ecosystem. The platform already supports play-to-earn mechanics and crypto payments, aligning with the growing trend of integrating blockchain technology and digital currencies into gaming experiences.
The partnerships with The Open Platform and TON Ventures further enhance Playgama’s ability to innovate in this space, offering developers access to both fintech and crypto tools within the gaming environment.
“At The Open Platform, we value Playgama’s commitment to providing HTML5 developers with an end-to-end toolkit for launching games as Telegram mini-apps and browser-based experiences,” Andrey Klebanov, Managing Director at The Open Platform, commented. “This approach not only simplifies access to diverse platforms but also opens doors for fintech and crypto innovations—offering developers and players new possibilities in gaming and payments.”
Since its founding in 2023, Playgama has quickly grown to employ over 30 professionals from locations across the globe, including the US, and Indonesia, with the headquarters in Dubai, UAE. The company’s development team boasts expertise from leading tech companies such as Miro, Playrix, Easybrain, and Vivid Money.
In addition to its platform and technical offerings, Playgama is playing a key role in driving the growth of the HTML5 gaming ecosystem. The platform’s ability to connect developers with over 200 million monthly active players provides a significant opportunity for game creators to increase their reach and revenue.
