Company Research Report: MiddleGame Ventures
Company Overview
Name: MiddleGame Ventures (MGV)
MiddleGame Ventures is a European investment firm focusing on fintech entrepreneurs from Seed through Series B stages. They emphasize re-architecting and digitizing financial services with innovative technologies.
Mission
The mission of MiddleGame Ventures is to partner with the next generation of financial services innovators, believing in the future of fully digital financial services and assets. They aim to create and support foundational systems via Open Finance, Blockchain & Crypto, Automated FinData, and Embedded ESG.
Founding Details
No information is available.
Key People
- Pascal Bouvier: Co-Managing Partner
- Michael Meyer: Co-Managing Partner
- Patrick Pinschmidt: Co-Managing Partner
- Kanishk Walia: Partner
- William Kotto: Chief Financial Officer, Head of Risk & Conducting Officer
- Mia Lewis: Investment Manager
- Arnaud Pedrazzani: Investment Manager
- Ellen McCance: Venture Partner
- Gary McGann: Venture Partner
- Loïc Bertoli: Head of Investor Relations
Headquarters
- Luxembourg (HQ): 9 rue du Laboratoire, L-1911, Luxembourg
- Other Offices:
- Dublin: 34 Castle Street, Dalkey, Co., Dublin, Ireland
- London: 37-41 Mortimer St, London W1T 3JH, England
- Washington: 7200 Wisconsin Avenue, #500, Bethesda, MD 20814, USA
Number of Employees
No information is available.
Revenue
No information is available.
Recognition
MiddleGame Ventures is known for its strategic investments in fintech companies and its focus on transforming financial services through innovative technology.
Products
Investment Focus
MiddleGame Ventures invests in fintech companies targeting new core systems via Open Finance, Blockchain & Crypto, Automated FinData, and Embedded ESG. They back entrepreneurs that are re-architecting financial services into fully digital services.
Key Features
- Deep Tech and Cybersecurity: Focus on innovation in financial technologies and their adjacent sectors.
- Early-Stage Investments: Concentrates on companies from Seed through Series B stages.
- Sector Expertise: Leverages extensive knowledge in financial services to support and scale portfolio companies.
Recent Developments
Recent Investments
LinQ
- Date: 2 July 2024
- Details: Participated in a $2.3M round alongside a16z SPEEDRUN, Drive by DraftKings, and Sharp Alpha. LinQ provides an embedded payments infrastructure for game developers to embed financial services in a compliant way at scale.
New Fund
Third FinTech Fund
- Date: 25 June 2024
- Details: Announced the initial close of their third fund, targeted at €150M. The fund focuses on early-stage investments across legacy and emerging financial sectors. Backers include the European Investment Fund, Ireland Strategic Investment Fund, and S&P Global.
Portfolio Expansion
- Investment in Ctrl Alt: Focused on solutions for structuring and investing in tokenized assets.
- Investment in Kayna: Supports data orchestration between insurance carriers, brokers, and vertical SaaS platforms.
- Investment in Outmin: Offers automated bookkeeping, managed payroll, and other financial services for SMEs.
- Investment in UrbanFox: Provides AI-based fraud detection for online payments.
Insights and Publications
- MGV GP Letter / 4th Quarter 2023: Emphasizes survival and innovation in startup and venture investing, highlighting opportunities in digital assets, AI, and cybersecurity.
Conclusion
MiddleGame Ventures continues to make significant strides in the fintech sector through strategic partnerships and investments in innovative technologies. Their recent fund and associated investments reflect their dedication to advancing the next generation of financial services and creating substantial value in the digital economy.
