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Panteon
Creating the ultimate mobile gaming experience
About Panteon
Based in Ankara, Turkey, Panteon is a mobile game developer established in 2012 at ODTU Teknokent. The company was founded by Ufuk Şahin, who brings extensive experience from the gaming industry, having developed browser-based strategy games as early as 2004. This background in strategy games has influenced the company's direction, particularly its move towards developing a 4X mobile strategy game.
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Panteon operates in the mobile gaming market, focusing on creating hyper-casual and mid-core games for both Android and iOS platforms. The company's business model primarily relies on in-app purchases and advertising revenue. A significant milestone for Panteon was securing a $10 million investment in 2021 from the founding partners of Teknasyon to finance a new 4X strategy game. This funding was intended to build a new team dedicated to the strategy genre while a separate team continues to produce hyper-casual titles. Subsequently, Teknasyon, a mobile technology company, acquired a 75% stake in Panteon, aiming to leverage its digital marketing expertise to expand Panteon's global reach.
The studio has produced a portfolio of games, including notable titles like "Home Restoration," which garnered over 50 million downloads, and "Trading Master 3D," which reached 30 million users within its first month. Another success, "100 Mystery Buttons," quickly topped the charts following the success of "Trading Master 3D". Their game "Raid Rush: Tower Defense TD" has shown strong performance, generating significant daily revenue from a combination of in-app purchases and ads. This title combines elements from other successful games but introduces its own mechanics, such as simultaneously building the road for enemies while selecting tower upgrades. Beyond entertainment, Panteon has also developed educational games and applications for Turkish government agencies.
At a glance
- Founded
- 2012
- Headquarters
- Çankaya, Türkiye
- Sector
- Consumer Services
- Power Law
- Colt$25–100M revenue
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Global footprint
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