PlaySphere Studios CEO Michael Prozer Drives $22 Million Valuation as Dwight Howard Challenge Sparks Global Engagement

Orlando, FL – July 29, 2025PlaySphere Studios, Inc., the company behind the breakout mobile game Runner Runner, is in the process of completing a new funding round that places its valuation at $22 million. The round, led by Quantum Projects Group (QPG), is structured through a series of investments scheduled over the coming months and marks a major milestone for the rapidly growing entertainment technology studio.

The funding comes as PlaySphere launches its most high-profile event to date—the Dwight Howard Challenge—a competitive, month-long leaderboard event throughout August, where the top player will receive a $20,000 cash prize. The challenge brings together hundreds of thousands of players in a global contest that merges fast-paced mobile gameplay with real-world stakes, further demonstrating the company’s innovative approach to user engagement.

Runner Runner has quickly gained traction for its unique blend of endless runner mechanics, daily rewards, and real-world incentives. What truly sets the game apart is its integration of celebrity-driven challenges and prize-based competitions that go beyond traditional mobile experiences. With advanced in-game features such as multiplayer modes, special power-ups, and a “Winners Wall” showcasing real prize recipients, the platform is redefining how mobile games engage and reward players.

Backed by Quantum Projects Group, a private investment firm known for its strategic interests in technology, energy, and real estate, PlaySphere Studios is poised to scale rapidly. QPG’s involvement highlights the growing investor interest in interactive entertainment platforms that blend gaming, media, and commerce in innovative ways.

Rather than focusing on geographic expansion—Runner Runner is already available in 176 countries worldwide—PlaySphere is directing its efforts toward scaling infrastructure and launching next-generation features designed to elevate the user experience. The company is developing new layers of gameplay that include live events and competitions, exclusive celebrity partnerships, and interactive systems aimed at solidifying Runner Runner as a category-defining title in mobile gaming.

“This funding round validates everything we’ve worked for,” said Michael Prozer, CEO of PlaySphere Studios. “We’re not just creating a game—we’re building a global entertainment platform where players can compete, win, and be part of something that feels real. The Dwight Howard Challenge is just the beginning of what’s to come.”

This valuation and the backing from Quantum Projects Group reinforce PlaySphere Studios’ position at the forefront of a new era in mobile gaming—where real prizes, cultural relevance, and immersive competition converge.

Players can experience the momentum firsthand by downloading Runner Runner and joining one of the most dynamic gaming communities in the world.

Download Runner Runner:
👉 iOS (App Store)  👉 Android (Google Play)

KEY WORDS Michael Prozer, Dwight Howard, PlaySphere Studios

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