The 30-something founders of a gaming startup raised $21 million to take on 'Fortnite'

Oh BiBi

• Mobile games studio Oh BiBi has raised $21 million in an investment round led by Atomico, with participation from French VC fund Korelya Capital.
• Oh BiBi will switch focus from racing games to a new one-on-one shooter called "FRAG."
• Oh BiBi's founder Martial Valery thinks "FRAG" will be able to compete with the hugely popular battle-royale game "Fortnite."

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Paris-based mobile games studio Oh BiBi has raised $21 million and now hopes to take on "Fortnite."

The series B investment was led by Atomico, which has previously backed games companies such as Supercell (the studio behind "Clash of Clans") and Rovio ("Angry Birds"), with participation from French VC fund Korelya Capital.

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