Paris-based TapNation raises €15M to transform gaming with innovative technologies; Know more

Paris-based TapNation, a mobile gaming publisher, announced that it has secured €15M in a fresh round of funding.

The investment came from investors including Re-Sources Capital, Paluel-Marmont Capital, and select banking partners.

Helping developers elevate games to new heights

Founded in 2019 by Hervé Montoute and Igor Zabukovec, TapNation specialises in mobile gaming. It leverages technology including artificial intelligence and machine learning to understand player behaviours and preferences to improve the gaming experience.

As a publisher, TapNation has collaborated with over 100 studios, offering them game concepts and data tools to launch their games.

TapNation has witnessed growth since its inception as it reports to have become one of the leading players in the gaming industry. In September 2023, the company achieved over 1 billion downloads of its popular mobile games.

TapNation has 30 games in the global top hits and to further expand its offerings has introduced TN Labs, a specialised game development studio, to diversify into hybrid genres.

In 2022, TapNation achieved €45M in revenue for the third consecutive profitable year.

Capital utilisation

TapNation says it will use the money to diversify its portfolio, strengthen its growth strategy, and enhance its technological capabilities.

Co-founder Hervé Montoute adds, “This investment is proof of the faith our partners have in our vision and our ability to innovate. It will enable us to go even further, explore new territories in the mobile gaming industry, and continue to offer exceptional experiences to our players.”

“We are very grateful to our investors for their support, and we are excited to share our passion for mobile games with the world,” adds Montoute.