Ludus

Ludus is a specialized venture capital firm based in Istanbul, Turkey, dedicated exclusively to investing in and nurturing gaming startups. Established in 2021, the firm positions itself as a strategic partner for early-stage companies, primarily targeting pre-seed to Series A rounds. Its mission is to identify and support promising ventures across various gaming verticals, including mobile, PC, console, blockchain, metaverse, and esports. Ludus aims to leverage its deep industry expertise and network to accelerate the growth of its portfolio companies, going beyond mere capital injection.

The firm's investment strategy is centered on providing initial capital to high-potential gaming studios and technology providers. Ludus typically deploys first cheques ranging from $100,000 to $500,000. This initial investment can be followed by subsequent funding rounds, potentially reaching up to $1 million in total per company, demonstrating their commitment to long-term partnerships. Their focus on early stages allows them to engage with founders from the ground up, helping to shape product development, market strategy, and team building.

With a reported fund size of $10 million, Ludus has been an active investor in the gaming ecosystem. As of early 2024, the firm has made over 20 investments, building a diverse portfolio of gaming companies. While headquartered in Turkey, Ludus maintains a broad geographic focus, actively seeking opportunities in the MENA region, Eastern Europe, and globally. Beyond capital, Ludus offers significant value-add services, including mentorship, access to a network of industry experts, and strategic guidance, aiming to transform innovative ideas into successful gaming businesses. Their specialized approach allows them to deeply understand the unique challenges and opportunities within the rapidly evolving gaming market.