Lagos Life Creator Vatar Raises $500,000 Pre-Seed Funding at $10m Valuation

Nigerian game studio Vatar has reportedly raised $500,000 in pre-seed funding at a $10 million valuation for Lagos Life, its Lagos-inspired life simulation game. The game reportedly reached one million players within its first three days. Its investors include Flutterwave CEO Olugbenga Agboola and other African technology entrepreneurs. Vatar says AI-assisted development helped it build and test the game quickly. The funding could help the studio turn its early viral momentum into a sustainable gaming business and add to Nigeria's growing game-development industry.

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