Play Ventures has raised at least $78 million to invest in gaming companies

The Play Ventures venture Fund, specializing in investments in gaming services and novice game developers, has conducted a new round of financing. As part of it, the fund received at least $78 million.

This is reported by VentureBeat, which found information about the round in documents for the U.S. Securities and Exchange Commission.

Since its foundation in 2018, Play Ventures has invested in more than 100 gaming companies. For example, he allocated money to KEK Entertainment, founded by former Pixonic executives, and Sony-owned Savage Game Studios.

Source:

VentureBeat
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