Africa-owned mobile game Rise of Fearless announced on Tuesday, November 3, 2026, that it had raised $1 million from Epic Edges Capital. The investment is structured as a Simple Agreement for Future Equity (SAFE), which gives the investor a right to equity under a future financing arrangement.
The funding will support recruitment, technology, infrastructure and marketing as the company prepares its next phase of growth. Founder Kanessa Muluneh told industry publication PocketGamer.biz that the team had continued to bootstrap the project after moving away from an earlier $700,000 fundraising target. The Epic Edges Capital deal now brings a financing partner into its development plans.
Based in the United Arab Emirates and African-owned, Rise of Fearless launched its mobile game in 2025. Its characters and storyline draw on Ethiopia’s victory at the 1896 Battle of Adwa, giving the title a distinct historical and cultural setting. Its main player communities are in Nigeria, Ethiopia and South Africa, while the business aims to reach a wider international audience.
New partners for the planned relaunch
The investment comes as the company works on an upgraded version of the game. It has assembled specialist service partners, including Miniboss Solutions for publishing and marketing, IDG Intelligence for market research, Trick Question Studios for creative direction and Spectra Entertainment for art and technical development. Muluneh described these firms as service providers supporting the project.
Rise of Fearless currently operates a free-to-play model supported by advertising. The team is also exploring payment methods better suited to its markets, including prepaid gift cards and codes. That commercial work forms part of the broader expansion alongside investment in the game itself and preparations for its return to players.