Cypher Games Funding: $40M Raised, Series A (2025)

Cypher Games is based in Istanbul, Turkey. It has raised $40M in total funding. Latest round: Series A. Backed by The Raine Group, Play Ventures, MIT.

Cypher Games funding overview

Cypher Games is based in Istanbul, Turkey. Cypher Games has raised $40M in total disclosed funding. That places its disclosed total in the $25M–$100M range. Its most recent disclosed round is a Series A announced in October 2025. The round record for Cypher Games runs through 2025; nothing later has been disclosed. Investors on record include The Raine Group, Play Ventures, MIT, E2VC, Big Bets, Discord CEO Humam Sakhnini and 2 others. 8 distinct backers are named across the disclosed rounds.

Cypher Games at a glance

Total raised
$40M
Latest round
Series A
Latest round date
October 2025
Headquarters
Istanbul, Turkey
Notable investors
The Raine Group, Play Ventures, MIT, E2VC, Big Bets, Discord CEO Humam Sakhnini, King Founder Riccardo Zacconi, Tripledot Co-Founder Akin Babayigit

Frequently asked about Cypher Games funding

How much has Cypher Games raised?
Cypher Games has raised $40M in total disclosed funding across the rounds on record.
Who has invested in Cypher Games?
The Raine Group, Play Ventures, MIT, E2VC, Big Bets, Discord CEO Humam Sakhnini are named among the investors backing Cypher Games.
What was the latest Cypher Games funding round?
The most recent disclosed round is a Series A, announced in October 2025.
Where is Cypher Games based?
Cypher Games is based in Istanbul, Turkey.
When did Cypher Games last raise?
The last disclosed Cypher Games round closed in October 2025 at Series A.

Every Cypher Games figure above comes from filings and announced rounds in the StartupFundraising company database and is revised as new rounds are recorded. The lists below compare companies in Istanbul at a similar stage.

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