Tencent leads $46M package for Flow Games

PocketGamer.biz reported on October 13, 2026 that Istanbul-based Flow Games secured a "$46 million funding package" led by Tencent. According to the report, Tencent provided roughly three-quarters of the package, while the other participants were not identified.

The deal gives a fresh capital base to a young Turkish mobile-game studio built around Smash Fest, a physics-based casual shooter. App2Top said Flow Games was founded in May 2025, is based in Istanbul, and shipped Smash Fest as its debut game earlier in 2026. PocketGamer.biz also described the studio as Istanbul-based and said the funding information came from a source with knowledge of the matter.

What is Flow Games and what does Smash Fest do?

Flow Games is a Turkish game studio whose main reported title is Smash Fest, a mobile shooter built around physics-based chain reactions. App2Top described the game as one in which players shoot a cannon at towers of cans, cubes and other objects to trigger those reactions. PocketGamer.biz called it a physics-based mobile shooter and identified it as the studio’s representative title.

The company appears to be early in its operating history. App2Top said Flow Games was founded in May 2025 and that Smash Fest was its first game released earlier in 2026. That makes the reported funding package notable not only for its size, but also for arriving soon after the studio’s debut launch.

How much did Tencent reportedly invest?

PocketGamer.biz said Tencent led the round and supplied approximately three-quarters of the reported $46 million package. App2Top, citing PocketGamer, translated that share into about $34.5 million and said the remaining funding sources were not specified.

App2Top described it as one of Tencent’s largest reported investments in a Turkish game studio, excluding acquisitions. PocketGamer.biz also pointed to Tencent’s prior activity in the market, including a previous $25 million Series A round for Istanbul-based Circle Games and Tencent subsidiary Miniclip’s 2019 acquisition of Turkish studio Masomo.

What growth metrics were reported for Smash Fest?

PocketGamer.biz reported AppMagic estimates showing rapid growth for Smash Fest in both downloads and spending. The game generated more than two million downloads in June before reaching 10.2 million in July, a 343% month-on-month increase, and estimated player spending rose from $692,000 in June to $3.4 million in July.

PocketGamer.biz also reported that AppMagic attributed about $8.3 million of lifetime player spending to iOS and $526,000 to Android, with daily player spending over the past month estimated at around $35,000 to $50,000. App2Top separately said analysts estimated Smash Fest had generated $8.9 million from in-app purchases alone by the date of its article.

A source told PocketGamer.biz that overall earnings were likely substantially higher than player spending alone suggests, because advertising appears to generate the lion’s share of Smash Fest revenue. App2Top repeated that point, saying ad revenue is the main source of income and that total revenue could be much higher than in-app purchase spending alone indicates.

What happens next for Flow Games?

The reports do not say how Flow Games plans to deploy the capital, and they do not identify the non-Tencent participants in the package. What is clear is that Tencent has continued to deepen its exposure to Turkish mobile gaming, and Flow Games now joins a short list of Istanbul studios that have attracted major investment from the Chinese publisher and its affiliates.

If the reported package is completed as described, Flow Games would have substantially more capital, but the sources did not detail any specific hiring, expansion or product roadmap tied to the funding. The reporting remains based on unnamed-source claims, so the exact terms and completion status have not been publicly confirmed.