The Games Fund

I am happy to announce our newest investment! The Games Fund invests $3m in the Warsaw-based Dark Passenger for the next-gen Multiplayer Action Game inspired by Feudal Japan. The Company was founded by Jakub Ben and Paweł Kuleta and reunites CD PROJEKT RED veterans, including Marcin Michalski. With their experience on iconic titles like The Witcher 3 and Cyberpunk 2077, the team aims to create an original IP unlike anything gamers have seen before. The core team blends the art expertise of RealTime Warriors with top talent from acclaimed studios like CDPR, People Can Fly Studio, Reikon Games, Flying Wild Hog, and @Covenant.dev. We continue to invest in the Central and Eastern European gaming industry, and this is our largest initial investment so far! Poland is the major hub in this region and Polish developers are famously strong in PC and console single-player game development. But the Dark Passenger team chose to follow their passion for co-op multiplayer games, a market we strongly believe in. There’s a shortage of games that dare to take risks and deliver bold, unapologetic experiences full of “Hell yeah!” moments - and Dark Passenger is set to deliver exactly that! Please read the articles in comments to learn more about the team and the game. Thank you, Jakub and Pawel, for picking TGF as your partner in this journey! Maria Kochmola, Ilya Karpinskiy, Roman Ilyutkin, Alena Potorskaya, Grigory Bortnik, Marlena Babieno (Blite Fund) PS. Congrats to my little deal guessing contest: Theodor Diea (Extraction Shooter, Poland) and Christopher Anjos🎗️ (Survival Crafting, Poland) - this is not 100% accurate, but two closest guesses! Your little prizes are incoming. Thank you Dean Takahashi, Batuhan Avucan and other great people who had to deal with me over weekends and covered this story! 💖

I am happy to announce our new deal: The Games Fund has invested in Playgama an innovative platform-as-a-service for HTML5 games. Alternative platforms are gaining momentum and will play an increasingly significant role in the future gaming landscape, with Playgama leading the charge. You may have heard some success stories from the Telegram Messenger and other rich web games ecosystems already, expect to hear more in the near future! Please read the articles in the comments for more details on their vision! We immediately fell in love with Dmitry Kachmar and the founding team - one of the most talented, experienced, and dedicated people we’ve ever had the pleasure of working with! Playgama partnership align perfectly with our strategy and portfolio. Congratulations to the fantastic group of investors who participated in this $3M kickstart round! The Open Platform , s16vc: Portfolio News & Jobs, TON Ventures, FJ Labs, Kirill Eves We’re excited to join forces with you on this journey! TGF team: Maria Kochmola Ilya Karpinskiy Alena Potorskaya Roman Ilyutkin

I am happy to announce that our portfolio company, Zakazane, a Warsaw-based studio, has signed an $8 million global publishing deal with NEOWIZ, a leading developer and publisher (Lies of P), to bring their unique Cinematic Noir Old West RPG to the world. Zakazane was founded in 2023, and the founding team worked on Witcher, Cyberpunk 2077, This War of Mine, Frostpunk, Shadow Warrior, and other iconic IPs. The Games Fund is proud to have supported ZAKAZANE from the very beginning and through their first steps. We are thrilled to see them find the perfect partner and enter the next chapter. ZAKAZANE is a true gem - one of the most dedicated and vision-driven teams we have ever seen. We are happy to see that NEOWIZ shares our belief in the power of original IP, unique gameplay, and narrative. We appreciate your trust and commitment! Congratulations to Jan Bartkowicz, Marta Sobek (nee Adamska), Radosław Gwarek, Justin Carnahan 🔜Gstar, and Kayin Lee! Thank you, Dean Takahashi and VentureBeat, for the story! Congrats TGF team: Maria Kochmola, Ilya Karpinskiy, Alena Potorskaya, Roman Ilyutkin

Wow, The Games Fund was ranked number 1 in terms of deal count among seed-focused gaming VC funds over the last 12 months, as featured in the Drake Star Global Gaming Report Q3 2024! I’m incredibly proud of all the hard work our team has done to partner with the best and most talented teams in the industry, and I’m grateful that those teams chose The Games Fund. It’s also exciting to see the first results of that work – released games, substantial new funding rounds raised by our portfolio companies – and I’m looking forward to the growth ahead in the coming years! Hoping to be included among the top-performing funds soon – it’s a shame no such ranking exists yet :) Ilia Eremeev Ilya Karpinskiy Alena Potorskaya Roman Ilyutkin Grigory Bortnik

The Games Fund made it to the top again! Thank you, InvestGame, for your service. Please read their amazing report.

The Games Fund Annual Summit 2024 is in the books, and what an incredible time it was! This year exceeded our expectations by far! We received nearly 400 applications and hosted 200 founders, investors, and top executives from over 90 leading gaming companies, making these two days truly unforgettable. Friends from all over the world joined us: Playrix, KRAFTON, Wargaming, Hypetrain, Neowiz, Matchingham Games, Gismart, Scopely, Com2us, Gaijin Entertainment, Aream, Sandsoft, Playducky, Nekki, Xsolla, My.Games, Raine, DLA Piper, Nexters, and many many other amazing companies and funds. Together, we celebrated games and dove deep into The Games Fund’s portfolio, strategy, and performance with our existing and new investors. We are especially proud of the enthusiastic community we formed around The Games Fund. At some moment, I just looked around, and it felt unreal. In these pictures, you see people who have created billions in value, built fantastic companies, and are shaping the next generation of video games and entertainment. Every random encounter at this party was a potential partnership in the making and I just felt that people are having a great time here! I’m confident that during these two days, some very important handshakes and introductions were made ;) Thank you so much to everyone who helped make this event possible! We are fortunate to have the best portfolio, the best investors, the best team, and the best partners who continue to support us year after year and those joining us on this exciting journey. We are definitely doing the right thing! PS. Wishing a speedy recovery to those who attended the karaoke afterparty! Bye Cyprus and see you all next time!