Play Ventures’ US$135M Fund II To Power Future Unicorns of Gaming
Today, we are excited to announce the closing of Play Ventures Fund II, a US$135M fund that we will invest in the world’s best game makers and entrepreneurs. This is a milestone for us and brings our total assets under management to US$175M across both our funds.
We founded Play Ventures to be the leading global early stage gaming fund, built and run by game makers for game makers. Since December 2018, we have invested in 24 amazing new gaming companies across 10+ different countries. These companies, though still very early in their collective journeys, are already making waves.
We’re confident that there’ll be more great things to come from these companies and the wonderful founders from our portfolio. Thank you to all whom we’ve had the chance to work with during Play’s first years.
With Fund II, we continue to believe that gaming will be the most impactful and dominant form of entertainment in the 21st century. We have strong conviction that the best gaming teams can be founded and built anywhere in the world.
We plan to continue investing in early stage game developers and gaming service startups globally, and to expand into ecosystems that we are incredibly excited about, like India and Latin America.
Our first investment from Fund II is leading the way forward — we’re proud to have invested in India’s All-Star Games’ $1.5M pre-Series A round. We are also in the process of closing multiple new deals across the world that we will share in due course.
Finally, we are grateful to our investors who have supported and entrusted us. We started our fundraising journey late last year and the response and interest we’ve received have been incredible.
Now, the fun work continues — we’re excited to invest in and support the next wave of great gaming startups. No matter where you are in the world, if you’re a passionate and ambitious game entrepreneur, we want to talk to you.
— Play Ventures Team
