
Abu Dhabi - Sharikat Mubasher: True Gamers, a leading operator of gaming cafés and clubs in the UAE, successfully closed a $5 million seed funding round to fuel its expansion plans in the Middle East and North Africa (MENA) region and Europe.
In a recent statement, the company revealed that it will utilize the investments to expand its franchise network, grow its brand, and develop its tech stack.
This round brings up True Gamers’ total funding in the UAE to $15.5 million, including a pre-seed round raised in 2023 and investments made into local branches over the past two years.
The company adopts a hybrid model of franchising and venture capital, aiming to capture 10% of the US, European, and MENA gaming cafe markets by 2030.
Founded in 2022 by Anton Vasilenko and Vladislav Belyanin, True Gamers operates 14 gaming cafés and clubs in the UAE, with 10 more under development across the UAE, Morocco, Saudi Arabia, Jordan, Germany, and France.