[New post] Four European Gaming Studios Receive Investments From The Games Fund

Matthew Gideon posted: " The Games Fund, which is an esports-focused venture capital fund, recently announced it had invested in four Eastern European gaming studios. The organization made investments in Vandrouka Games, Purple Games, Jarvi Games, and Hypemasters. "All of the" New post on Business of Esports Four European Gaming Studios Receive Investments From The Games Fund by Matthew Gideon The Games Fund, which is an esports-focused venture capital fund, recently announced it had invested in four Eastern European gaming studios. The organization made investments in Vandrouka Games, Purple Games, Jarvi Games, and Hypemasters. "All of them show our strategy of investing in early-stage companies, free-to-play mobile game developers, young developers, based in Eastern Europe," said TGF co-founder Ilya Eremeev. "They are all different with some of them working in the casual space and others on the opposite side of the spectrum in mid-core and hardcore games." Vandrouka Games reportedly received $1 million. This Belarus-based organization is famous for producing casual mobile games. The Games Fund also invested $450K in Hypemasters and Purple Games. Both of those companies have raised $1 million in funding to date. Jarvi Games secured $510K. This money will be used to launch a mobile action sandbox online game known as Vice Online. (All information was provided by VentureBeat and PocketGamer.biz) Matthew Gideon | October 10, 2021 at 4:02 pm | Tags: belarus, e-sports, east europe, esports, Europe, financing, Funding, gaming, Hypemasters, Investing, Jarvi Games, PocketGamer.Biz, Purple Games, tgf, the games fund, Vandrouka Games, VentureBeat, vice online, Video Games | Categories: News | URL: https://wp.me/pammQW-517 Comment    See all comments Unsubscribe to no longer receive posts from Business of Esports. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://thebusinessofesports.com/2021/10/10/four-european-gaming-studios-receive-investments-from-the-games-fund/