informa
1 MIN READ
News

Play Ventures raises $40 million to fuel game-focused VC fund

The venture capital firm Play Ventures has closed out its first round of funding, raising a total of $40 million to later invest in pre-seed and seed-stage game startups.

Newsbrief: The venture capital firm Play Ventures has closed out its first round of funding, raising a total of $40 million to later invest in pre-seed and seed-stage game startups.

According to Tech in Asia, that first $40 million sum is around $10 million more than originally sought and saw contributions came from Rovio, Modern Times Group, Huuuge Games CEO Anton Gauffin, and others.

Play Ventures set up shop in Singapore last year, and aims to invest in younger startups, particularly those working towards free-to-play games on mobile or PC. Since its foundation, Play Ventures has invested in eight game studios, including the likes of Helsinki-based Reworks and Redhill Hames.

Latest Jobs

Manticore Games

San Mateo, California
8.23.22
Senior Software Engineer - Mobile

Sony PlayStation

San Diego, California
6.23.22
Sr. Online Programmer

The Walt Disney Company

Glendale, California
8.1.22
Associate Marketing Manager - Walt Disney Games

Insomniac Games

Burbank, California
8.26.22
Accessibility Design Researcher
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more