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Play Ventures

Asia, Central Region, Singapore, Singapore

Description

Play Ventures is a prominent venture capital firm headquartered in Singapore, uniquely focused on global investments in the burgeoning games and game services industry. Established with a deep understanding of the gaming ecosystem, the firm primarily targets early-stage opportunities, including pre-seed, seed, and Series A rounds. Their investment strategy is characterized by providing initial checks typically ranging from $500,000 to $5,000,000, aiming to support promising studios and infrastructure companies from their nascent stages.

The firm has demonstrated significant growth and commitment to the sector through the successful raising of multiple dedicated funds. This includes their inaugural Fund I at $40 million, followed by Fund II and Fund III, each securing $135 million. Notably, they also launched the Play Ventures Future Fund, a $75 million vehicle specifically for early-stage blockchain gaming ventures. Their latest achievement is the closing of Fund IV in March 2024, which raised an additional $150 million, bringing their total assets under management to approximately $535 million across all funds.

With a portfolio exceeding 100 companies worldwide, Play Ventures has established itself as a leading and highly specialized investor in the global gaming landscape. Their extensive network and industry-specific expertise allow them to provide not just capital but also strategic guidance to their portfolio companies. This focused approach, combined with substantial capital deployment, positions Play Ventures as a critical partner for innovative startups looking to make an impact in the dynamic and rapidly evolving games market.

Investor Profile

Play Ventures has backed more than 98 startups, with 18 new investments in the last 12 months alone. The firm has led 42 rounds, about 43% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Finland, United Kingdom.
  • Strong thematic focus on Gaming, Video Games, Online Games.
  • Led 7 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (58%)
  • Pre Seed (14%)
  • Series A (11%)
  • Series Unknown (9%)
  • Initial Coin Offering (2%)
  • Series B (2%)
  • Series E (1%)
  • Series D (1%)
  • Undisclosed (1%)

Country Focus

  • United States (29%)
  • Finland (17%)
  • United Kingdom (9%)
  • India (5%)
  • Singapore (5%)
  • Israel (5%)
  • Cyprus (5%)
  • Turkey (4%)
  • Spain (3%)
  • Australia (3%)

Industry Focus

  • Gaming
  • Video Games
  • Online Games
  • Software
  • Blockchain
  • Artificial Intelligence (Ai)
  • Web3
  • Pc Games
  • Mobile Apps
  • Mobile
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Play Ventures frequently co-invest with?

BACKED VC
Europe, England, United Kingdom, London
Co-Investments: 4
Game Tech Ventures
Europe, England, United Kingdom, London
Co-Investments: 5
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 5
DeFiance Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 5
Makers Fund
North America, California, United States, San Francisco
Co-Investments: 7
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 12
BITKRAFT Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 5
The Games Fund
North America, California, United States, Los Angeles
Co-Investments: 5
Galaxy Interactive
North America, New York, United States, New York
Co-Investments: 4

Which angels does Play Ventures often collaborate with?

Gabby Dizon
Asia, Rizal, Philippines, Pasig
Shared Deals: 5
JA
Europe, Finland
Shared Deals: 5
KS
North America, California, United States, San Francisco
Shared Deals: 2
SR
Europe, Monaco
Shared Deals: 3
AG
Europe, Berlin, Germany, Berlin
Shared Deals: 5
CL
Europe, England, United Kingdom, London
Shared Deals: 2
ES
North America, California, United States, San Francisco
Shared Deals: 5
AB
Europe, England, United Kingdom, London
Shared Deals: 3
JP
Europe, England, United Kingdom, London
Shared Deals: 2
RL
Europe, East Sussex, United Kingdom, Brighton
Shared Deals: 2

What are some of recent deals done by Play Ventures?

Circle Games

Istanbul, Istanbul, Turkey

Circle Games is a mobile gaming company dedicated to create high-quality experiences with user-centered design.

GamingOnline Games
SeedJul 9, 2025
Amount Raised: $7,250,000
Bigger Games

Istanbul, Istanbul, Turkey

Bigger Games is a mobile gaming company that has a passion for creating games that millions of people play every day.

GamingMobileOnline Games
Series AJun 16, 2025
Amount Raised: $25,000,000
Studio42

Nicosia, Nicosia, Cyprus

Studio42 creates casual puzzle games.

AppsGamingMobile Apps
SeedMay 14, 2025
Amount Raised: $3,600,000
Midnite

London, England, United Kingdom

Midnite provides a sportsbook and casino platform that offers sports betting, casino games, and eSports wagering.

CasinoeSportsGamblingGaming
Series BApr 14, 2025
Amount Raised: $10,141,093
Alinea

New York, New York, United States

Alinea is an investing app that helps users build and manage stock portfolios.

FinanceFinancial ServicesFinTechImpact Investing
Series AApr 9, 2025
Amount Raised: $16,074,530
EloElo

Bengaluru, Karnataka, India

EloElo is a creator of a social gaming application that uses brief films and photos to discuss health and lifestyle.

E-CommerceRetailVideo
Series BApr 7, 2025
Amount Raised: $13,252,909
FERASET

Istanbul, Istanbul, Turkey

FERASET is an AI-driven mobile application, focusing on categories such as design, video, music, photo, and utility.

SoftwareWeb Development
SeedMar 24, 2025
Amount Raised: $4,500,000
PvX Partners

Singapore, Central Region, Singapore

PvX is a platform designed to help consumer apps scale through cohort financing and ROAS optimization solutions

Consumer ApplicationsFinancial ServicesFinTechGamingSaaS
SeedMar 11, 2025
Amount Raised: $3,800,000
Bible Chat

Bucharest, Bucuresti, Romania

Bible Chat is a mobile app created for Christians and those looking for spiritual direction.

Mobile Apps
Series AFeb 19, 2025
Amount Raised: $14,003,319
Mighty Bear Games

Singapore, Central Region, Singapore

Mighty Bear is a Singapore-based studio building the next generation of massively multiplayer online mobile games.

Online GamesSportsVideo Games
Series UnknownFeb 3, 2025
Amount Raised: $4,000,000