Play Ventures Company Research Report

Company Overview

Name

Play Ventures

Mission of the Company

Play Ventures is committed to investing early into the most promising free-to-play and Web3 game studios and game service startups across the globe. The company aims to support ambitious and passionate entrepreneurs in creating the next $100M+ gaming powerhouses.

Founded

Play Ventures was launched in December 2018.

Founders

Henric Suuronen

Harri Manninen

Key People

Henric Suuronen - Founding Partner

Harri Manninen - Founding Partner

Phylicia Koh - General Partner

Anton Backman - General Partner

Kenrick Drijkoningen - General Partner

Juha Lindell - Director of Platform

Zhende Low - Finance Associate

Jason Chan - Head of Compliance

Florent Simon - Principal

Joe Burridge - Head of Talent

Eliana Kim - Head of Events

Michail Katkoff - Advisor

Headquarters

Play Ventures operates globally with partners and key personnel based in Singapore, Helsinki, and other strategic locations worldwide.

Number of Employees

No specific number of employees provided.

Revenue

No information is available regarding the revenue of Play Ventures.

Known For

Play Ventures is recognized as a leading early-stage venture capital fund dedicated to investing in games and game services startups around the world. The company is known for its strong returns on investment and its role in fostering some of the most promising companies in the gaming sector.

Products and Offerings

Products

Play Ventures does not offer traditional products but rather invests in early-stage gaming companies and startups. It aims to create and support top gaming teams globally, including in established and emerging markets.

High-Level Description of Offerings

Play Ventures’ focus is on:

Providing financial investment to early-stage gaming companies.

Supporting gaming entrepreneurs through networking, design, and operational guidance.

Investing in areas such as mobile, PC, and console gaming, as well as the expanding areas of blockchain and metaverse.

Key Features

No conventional product features available as Play Ventures primarily offers investment and strategic support.

Recent Developments

Recent Developments in the Company

Play Ventures announced impressive returns from its Fund I, returning 1.5x to investors within less than 4 years.

Introduction of Play Ventures Fund II, aimed at investing $135M into future gaming unicorns.

Continuous growth with a diverse portfolio, resulting in several high-profile investments and exits.

New Products Launched

Play Ventures does not launch products, but it supports and invests in new gaming startups and technologies.

New Features Added to Existing Products

No information is available regarding changes or enhancements as Play Ventures focuses on strategic investments and support rather than product features.

New Partnerships

Play Ventures announced several significant partnerships including investments in high-potential startups like Social First, Mainframe Industries, and Bigger Games.

Collaboration with notable venture capitals such as Andreessen Horowitz, Riot Games, and Tencent to support gaming startups.

This structured report summarizes Play Ventures' activities, key figures, and business focus. Play Ventures relies on early-stage investments and industry partnerships to nurture burgeoning game studios and services into successful enterprises.