Bitkraft Ventures Reveals New Fund

Investments

04 April 2024 01:06

Bitkraft Ventures has successfully secured $275 million for its third fund dedicated to early-stage investments in gaming and interactive media companies. This latest fund, Bitkraft Venture Fund 3, follows the company's two previous early-stage equity venture funds. It will maintain the focus on investing in studios, platforms, and technology globally within the gaming and interactive media sectors, particularly at the seed and Series A stages.

The new fund will bolster Bitkraft Ventures' total assets under management to surpass $1 billion. Notably, this announcement comes shortly after the unveiling of Laton Ventures' $35 million game VC fund, marking the second significant development in the gaming investment landscape within a week.

Jens Hilgers stated “That’s probably the thing I’m most excited about with Bitkraft. Culture is very easy to destroy. But it takes a very long time to build. And in our business, trust, integrity and being good people, besides being good investors, and making the right decision fundamentally, is incredibly important.”

Tags: Bitkraft Ventures

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