Bitkraft Ventures, gaming and media company, has launched a $275 million investment fund. The organization has previously successfully supported firms such as blockchain developer Jungle and Eve Online creator CCP.
The present funds will be utilized to support early-stage gaming enterprises. Dealstreet Asia further stated that at least 15% of the investment had been designated for Asian-related ventures.
Jens Hilgers, acknowledged as a founder member of Bitkraft Ventures, spoke with GameBeat in a segment that said:
“At Bitkraft Ventures, we are as devoted to and hopeful about the future of the gaming industry as we were when we first launched Bitkraft in 2016. We’ve observed consistent growth across all major game platforms in KPIs such as user engagement, activity levels, and monetization. Newly created game studios have enjoyed significant breakout successes in recent years, and the development of AI in game production advantages new entrants in the field.”
Carlos Pereira, a partner at Bitkraft Ventures, echoed this sentiment, stating that despite a forecasted decrease of worldwide revenue in 2023, the enormous financing amount demonstrates the private sector’s eager participation in the gaming investment market.
