Saudi’s Savvy Games Group to acquire mobile games company Scopely for $4.9 billion

velvetsea Scopely, Velvet Sea Ventures

Savvy Games Group, a games and esports company that is part of the Saudi government’s Public Investment Fund, has agreed to acquire mobile games studio Scopely for $4.9 billion. Founded in 2011, Scopely is known for several popular mobile games including Yahtzee With Buddies, Star Trek Fleet Command, Marvel Strike Force, Stumble Guys and Scrabble Go. Read more here.

Scopely raises $340 million at $3.3 billion valuation.

Katherine Bateman Scopely, Uncategorized

Scopely raises $340 million at $3.3 billion valuation as mobile games thrive during pandemic Scopely, the publisher of games like Star Trek: Fleet Command and Marvel Strike Force, has raised $340 million to continue its mobile growth plans as players embrace games during the pandemic. The deal values Scopely at $3.3 billion (according to a source close to the matter), post-money, and it gives the company a war chest so …