Kong Studios, a San Francisco-based mobile gaming company, has raised $62 million in total funding, achieving a $1 billion valuation as of September 2021. The company’s latest Series B round, held in August 2021, secured $62 million from investors including DSC Investment and SGPE. Earlier funding came from Big Basin Capital and Jeff Xiong. Known for its popular title Guardian Tales, Kong Studios focuses on narrative-driven RPGs that combine rich storytelling and engaging gameplay, solidifying its place as a rising force in the global mobile gaming market.