Kobojo

Kobojo is a Paris-based developer specializing in interactive entertainment, particularly in mobile gaming applications that engage users through storytelling and rich graphics. Founded in 2008 in Paris, France, Kobojo focuses on developing mobile games that provide immersive experiences across various genres. The company raised EUR 3 million in Series B funding in June 2015 from Scottish Enterprise and another investor, bringing their total amount raised to EUR 3 million and current valuation to EUR 15. 183 million.

Kobojo has completed 5 deals to date, reflecting its commitment to the gaming sector. Kobojo specializes in the development of interactive entertainment products, notably mobile gaming applications. Their flagship games integrate engaging storytelling with rich graphics, providing users with immersive experiences in genres like role-playing and strategy. The company caters to casual gamers and enthusiasts, primarily in European, North American, and Asian markets, aiming to meet the demand for high-quality mobile entertainment accessible on-the-go.

In the most recent fiscal year, Kobojo reported a revenue of EUR 5,443,592. 1 and an EBITDA of EUR -1,385,744 for the same period. The company generates revenue through in-app purchases, advertising, and partnerships with mobile platforms, utilizing a model where games are offered for free with optional purchases for virtual goods. Kobojo intends to leverage the EUR 3 million raised in Series B funding in June 2015 to enhance its product lineup, focusing on upcoming game releases and expanding into new geographic markets.

The company aims to launch new titles by the end of 2016 and is targeting growth in Asian markets, which are anticipated to be key areas for expansion within the next few years.