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The Bitkraft Venture Fund 3 will continue the VC company’s financial investments in video gaming and multimedias start-ups
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Bitkraft Ventures has actually released a brand-new fund that will invest $275 million in video gaming and multimedias companies.
The Bitkraft Venture Fund 3 will concentrate on worldwide early-stage financial investments for studios, platforms, and innovation.
“At Bitkraft Ventures, we are as devoted to– and positive about– the future of the video games market as we were from the creation of Bitkraft in 2016,” stated Bitkraft Venture’s Jens Hilgers.
“We’ve seen ongoing development throughout all significant video game platforms in metrics consisting of user engagement, activity levels, and money making. Recently formed video game studios have actually seen considerable break-out successes over the ins 2015, and the development of AI in video game production even more benefits brand-new upstarts in the area.”
In addition, once the Bitkraft Venture Fund 3 closes, the VC company’s overall properties under management will reach $1 billion.
