Milky Tea

Liverpool, United Kingdom Founded: 2005 • Age: 21 yrs Acquired By Aonic
Core video games are developed for PC and consoles.
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About Milky Tea

Milky Tea is a company based in Liverpool (United Kingdom) founded in 2005 by Jonathan Holmes was acquired by Aonic in April 2023.. The company has 17 employees as of March 31, 2022. Milky Tea operates in a competitive market with competitors including Zynga, Rovio, Scopely, Electronic Arts and Jam City, among others.

  • Headquarter Liverpool, United Kingdom
  • Employees 17 as on 31 Mar, 2022
  • Founders Jonathan Holmes
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Milky Tea Limited
  • Date of Incorporation 05 Apr, 2006
  • Jurisdiction LIVERPOOL, ENGLAND
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment
Media & Entertainment → Gaming & Interactive Entertainment
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    17

    as on Mar 31, 2022

  • Acquired by
    Aonic

    (Apr 12, 2023)

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People of Milky Tea
Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Chris Wood
Managing Director
People
Luke Tovee
Lead Artist
People
Jennifer Tucker
Head Of Art

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Teams

Funding Insights of Milky Tea

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Milky Tea

Milky Tea has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aonic. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Infrastructure services for the gaming industry are provided by Aonic.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Milky Tea

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Milky Tea

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Milky Tea Comparisons

Employees
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Competitors of Milky Tea

Milky Tea operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zynga, Rovio, Scopely, Electronic Arts and Jam City, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Casual games developer and publisher for mobile and web platforms
domain founded_year HQ Location
Mobile game developer specializing in casual games
domain founded_year HQ Location
Casual mobile games are developed, published, and operated across platforms.
domain founded_year HQ Location
Video game developers focused on core games
domain founded_year HQ Location
Mobile games are developed and published by Jam City.
domain founded_year HQ Location
Video games are developed and eSports tournaments are organized.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Milky Tea

Frequently Asked Questions about Milky Tea

When was Milky Tea founded?

Milky Tea was founded in 2005.

Where is Milky Tea located?

Milky Tea is headquartered in Liverpool, United Kingdom.

How many employees does Milky Tea have?

As of Mar 31, 2022, the latest employee count at Milky Tea is 17.

What does Milky Tea do?

The company was founded in 2005 in Liverpool, United Kingdom, and operates in the video game development sector. Focus is placed on core titles, including Coffin Dodgers, a dark comedic kart racing game released on PC and consoles. HyperBrawl Tournament, a sport brawler, is also under development for similar platforms. Availability is provided on Steam, the Nintendo Store, and the PlayStation Store. Revenue is generated via paid game purchases.

Who are the top competitors of Milky Tea?

Milky Tea's top competitors include Zynga, Tripledot and Jam City.

Who are Milky Tea's investors?

Milky Tea has 1 investor. Key investors include Aonic.

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