Rise of Fearless raises $1M from Epic Edges Capital to scale African gaming
What's the deal? Rise of FearlessDealroom has a profile for this one. Try Dealroom →, an African-owned mobile battle royale inspired by Ethiopia's 1896 Battle of Adwa, has raised $1 million from advisory firm Epic Edges CapitalDealroom has a profile for this one. Try Dealroom →. The investment, structured as a Simple Agreement for Future Equity (SAFE), will fund talent, technology, infrastructure, marketing and community-building as the game expands beyond its current markets, and brings a group of international developers and gaming executives onto the team.
Who's involved? The new team includes Miniboss SolutionsDealroom has a profile for this one. Try Dealroom → as embedded publishing partner, market-research firm IDG Intelligence under President and CEO Yoshio Osaki, and creative studio Trick Question Studios led by founder TQ Jefferson, alongside art and technical-art developer Spectra Entertainment. Founder Kanessa MulunehDealroom has a profile for this one. Try Dealroom → said the new team is "taking an African-owned gaming franchise to international distribution and commercial scale."
Why now? Launched in 2025, the free-to-play mobile game has passed 15,000 downloads on the App Store and Google Play, with its largest communities in Nigeria, Ethiopia and South Africa. Muluneh called the funding "pivotal" for a bootstrapped company and plans to use it to tackle structural hurdles for African gaming studios — reliable technology, servers and cross-border payments — while keeping the game's intellectual property in African hands.
The signal: Remco CoermanDealroom has a profile for this one. Try Dealroom →, founder of Epic Edges Group, said the firm backed Rise of Fearless for its potential to "resonate far beyond its home market." The deal lands as Africa's gaming industry passes 400 million players and $1.98 billion in revenue in 2026, with mobile accounting for most of that activity.
Read more: Rise of Fearless
Image credit: Rise of Fearless