About Veloxia
Veloxia is a company based in Istanbul (Turkey) founded in 2019 by Melih Gundogdu and Tugay Alyildiz.. Veloxia has raised $3.44 million across 4 funding rounds from investors including Collective Spark, APY Ventures and Trkiye Kalknma Fonu. Veloxia offers products and services including Space Colony: Idle. Veloxia operates in a competitive market with competitors including Zynga, Scopely, Tripledot, Jam City and Rovio, among others.
- Headquarter Istanbul, Turkey
- Founders Melih Gundogdu, Tugay Alyildiz
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.44 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Collective Spark
& 5 more
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Employee Count
Employee Count
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Products & Services of Veloxia
Veloxia offers a comprehensive portfolio of products and services, including Space Colony: Idle. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Simulation game for building space colonies and exploring planets.
Funding Insights of Veloxia
Veloxia has successfully raised a total of $3.44M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - Veloxia | Valuation |
investors |
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| Jun, 2021 | Amount | Seed - Veloxia | Valuation | Collective Spark | |
| Jun, 2020 | Amount | Seed - Veloxia | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Veloxia
Veloxia has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Collective Spark, APY Ventures and Trkiye Kalknma Fonu. 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage technology ventures are supported by Collective Spark.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Veloxia
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Veloxia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Veloxia Comparisons
Competitors of Veloxia
Veloxia 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, Scopely, Tripledot, Jam City and Rovio, 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
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| domain | founded_year | HQ Location |
Casual mobile games are developed, published, and operated across platforms.
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| domain | founded_year | HQ Location |
Developer of mobile-based casual video games
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| domain | founded_year | HQ Location |
Mobile games are developed and published by Jam City.
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| domain | founded_year | HQ Location |
Mobile game developer specializing in casual games
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| domain | founded_year | HQ Location |
King is recognized as a leading interactive entertainment company focused on mobile gaming.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Veloxia
When was Veloxia founded?
Veloxia was founded in 2019.
Where is Veloxia located?
Veloxia is headquartered in Istanbul, Turkey.
Who is the current CEO of Veloxia?
Tugay Alyildiz is the current CEO of Veloxia. They have also founded this company.
Is Veloxia a funded company?
Veloxia is a funded company, having raised a total of $3.44M across 4 funding rounds to date. The company's 1st funding round was a Seed of $440K, raised on Jun 01, 2019.
What does Veloxia do?
Veloxia was founded in 2019 in Istanbul, Turkey, as a developer of casual mobile games. Operations focus on strategy titles, with Space Colony: Idle serving as the primary product where astronauts are trained and space colonies are built by players. The game is distributed on Android and iOS platforms. Revenue is generated via in-app purchases and advertisements, targeting a global user base.
Who are the top competitors of Veloxia?
What products or services does Veloxia offer?
Veloxia offers Space Colony: Idle.
Who are Veloxia's investors?
Veloxia has 6 investors. Key investors include Collective Spark, APY Ventures, Trkiye Kalknma Fonu, unknown, and Boğaziçi Ventures.