THE LEADING EARLY STAGE GAMING VC

We are incredibly delighted to announce the acquisition of Reworks, to Playtika for $400M and a $200M earn-out. We are proud to have backed the company from the very first pre-seed round to subsequent rounds, and to have played a small role in helping with game design, recruitment, fundraising and more, along the way. Congrats to CEO Ilkka Teppo and his awesome team for this achievement, all in less than 3 years! 

We're proud to win the prestigious Pocket Gamer Mobile Games Award for Investor of the Year! A massive thank you to the 32+ companies who have chosen to take us along their entrepreneurship adventure, our investors, partners, families, Pocket Gamer, and Steel Media.

We are excited to announce the closing of Play Ventures Fund II, a $135M fund that we will invest in the world’s best game makers and entrepreneurs. This is a milestone for us, and brings our total assets under management to $175M across both our funds. 

The Series D funding was led by Composite Capital and Moore Strategic Ventures. Play Ventures also participated in the round, which values MPL at $945 million.

Istanbul's Bigger Games has raised a $6M round led by Index Ventures, who have backed the likes of Roblox, King, and Supercell. Play Ventures led the pre-seed round and participated in the new round.

Savage Game Studios has raised $4.4 million to create two mobile game studios in Helsinki and Berlin. The company is at work on its first title, a mobile game shooter. Makers Fund led the $4.4 million seed round with participation from Play Ventures, who led their pre-seed round.

The Finnish-Icelandic gaming studio founded by former CCP, Remedy Entertainment, and Next Games veterans, is developing an unannounced, cloud-native, massively multiplayer online game.