
Play Ventures
Description
Play Ventures is a prominent venture capital firm headquartered in Singapore, uniquely focused on global investments in the burgeoning games and game services industry. Established with a deep understanding of the gaming ecosystem, the firm primarily targets early-stage opportunities, including pre-seed, seed, and Series A rounds. Their investment strategy is characterized by providing initial checks typically ranging from $500,000 to $5,000,000, aiming to support promising studios and infrastructure companies from their nascent stages.
The firm has demonstrated significant growth and commitment to the sector through the successful raising of multiple dedicated funds. This includes their inaugural Fund I at $40 million, followed by Fund II and Fund III, each securing $135 million. Notably, they also launched the Play Ventures Future Fund, a $75 million vehicle specifically for early-stage blockchain gaming ventures. Their latest achievement is the closing of Fund IV in March 2024, which raised an additional $150 million, bringing their total assets under management to approximately $535 million across all funds.
With a portfolio exceeding 100 companies worldwide, Play Ventures has established itself as a leading and highly specialized investor in the global gaming landscape. Their extensive network and industry-specific expertise allow them to provide not just capital but also strategic guidance to their portfolio companies. This focused approach, combined with substantial capital deployment, positions Play Ventures as a critical partner for innovative startups looking to make an impact in the dynamic and rapidly evolving games market.
Investor Profile
Play Ventures has backed more than 98 startups, with 18 new investments in the last 12 months alone. The firm has led 42 rounds, about 43% of its total and boasts 6 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, Finland, United Kingdom.
- Strong thematic focus on Gaming, Video Games, Online Games.
- Led 7 rounds in the past year.
- Typical check size: $500K – $5M.
Stage Focus
- Seed (58%)
- Pre Seed (14%)
- Series A (11%)
- Series Unknown (9%)
- Initial Coin Offering (2%)
- Series B (2%)
- Series E (1%)
- Series D (1%)
- Undisclosed (1%)
Country Focus
- United States (29%)
- Finland (17%)
- United Kingdom (9%)
- India (5%)
- Singapore (5%)
- Israel (5%)
- Cyprus (5%)
- Turkey (4%)
- Spain (3%)
- Australia (3%)
Industry Focus
- Gaming
- Video Games
- Online Games
- Software
- Blockchain
- Artificial Intelligence (Ai)
- Web3
- Pc Games
- Mobile Apps
- Mobile
Frequently Asked Questions
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