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News/Bitkraft Ventures Reveals New Fund
Latest revision as of 01:13, 4 April 2024
Bitkraft Ventures Reveals New Fund
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.”
Bitkraft Ventures Reveals New Fund
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.”