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The Rise of Flappy Moonbird: From Pre-B Round Financing to a $60 Million Valuation

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On April 25th, it was announced that the Free to Play H5 game Flappy Moonbird had completed a $2 million Pre B round of financing with a valuation of $60 million, with FBG Capital

The Rise of Flappy Moonbird: From Pre-B Round Financing to a $60 Million Valuation

On April 25th, it was announced that the Free to Play H5 game Flappy Moonbird had completed a $2 million Pre B round of financing with a valuation of $60 million, with FBG Capital leading the investment. Previously, at the end of December 2022, Flappy Moonbird completed a round A financing of $6 million, with LinkVC leading the investment.

H5 game Flappy Moonbird completed $2 million financing

Flappy Moonbird, a popular Free to Play H5 game, has recently made headlines with its completion of a $2 million Pre B round of financing on April 25th, 2021. The investment was led by FBG Capital, pushing the game’s valuation to $60 million. This comes after the game had completed its round A financing of $6 million, with LinkVC leading the investment, at the end of December 2020. Here’s what you need to know about Flappy Moonbird’s recent investment and its journey to success.

The Origin of Flappy Moonbird

Flappy Moonbird is a simplified version of the classic Flappy Bird game, which was taken down from the App Store and Google Play in 2014. The game was developed by an independent Chinese studio called Ding Ye, who also produced the successful game “Grab Me If You Can”. Flappy Moonbird’s developer, Xu Xiaojun, was inspired to create the game after playing Flappy Bird and thinking about ways to improve it. He added new features and graphics, making the game more engaging and attracting millions of players worldwide.

Flappy Moonbird’s Round A Financing

Flappy Moonbird’s first round of financing was completed at the end of December 2020, with LinkVC leading the investment. The game had gained a significant user base during the COVID-19 pandemic, with millions of people looking for entertainment while staying at home. The funding helped Ding Ye to expand the team and improve the game’s features, such as social interactions and rewards for loyal players.
The success of round A financing encouraged Ding Ye to seek further investment to expand the game to international markets and introduce new gameplay modes.

Flappy Moonbird’s Pre B Round Financing

Flappy Moonbird’s recent Pre B round financing was completed on April 25th, 2021, with FBG Capital leading the investment. The funding will be used to develop and market the game, expand the Ding Ye team, and improve the user experience by introducing new game modes and designs. The investment also values Flappy Moonbird at $60 million, reflecting its potential growth and impact on the mobile gaming industry.

The Impact of Flappy Moonbird’s Success

Flappy Moonbird’s success is not only a result of its addictive gameplay and user-friendly experience but also a reflection of the growing demand for mobile gaming worldwide. The global mobile gaming market is projected to grow to $98 billion by 2024, driven by the increasing use of smartphones and tablets and the shift towards Free to Play games.
Flappy Moonbird’s success also highlights the potential for independent game developers to create engaging and profitable games without major funding or support. Ding Ye’s success with Flappy Moonbird shows that creativity, user engagement, and attention to detail are critical for success in the highly competitive mobile gaming market.

Conclusion

Flappy Moonbird’s recent Pre B round financing and $60 million valuation are a testament to the game’s success and potential for growth. The investment will enable Ding Ye to continue improving the game and expanding its reach worldwide. The success of Flappy Moonbird also reflects the growing demand for mobile gaming and the potential for independent game developers to make a significant impact on the industry. We can only imagine the heights that the game will hit in the coming months and years.

FAQs

Q: How does Flappy Moonbird compare to Flappy Bird?
A: Flappy Moonbird is a simplified version of Flappy Bird, with new features and better graphics.
Q: What was Flappy Moonbird’s valuation after round A financing?
A: Flappy Moonbird was valued at $6 million after closing its round A financing.
Q: What will the Pre B round financing be used for?
A: The funding will be used to develop and market the game, expand the Ding Ye team, and improve the user experience.

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