TLDR:
Laton Ventures has launched a $35 million global gaming venture capital fund, focusing on investing in game companies in Turkey and globally. The fund aims to provide operational advisory to portfolio companies and has already invested in five companies. The fund is backed by industry veterans and major financial institutions, with a strong emphasis on mobile gaming.
Summary:
Laton Ventures, a new gaming venture capital fund based in Turkey, has raised $35 million to invest in game companies globally. The fund aims to become a vital link connecting Turkish and global gaming ecosystems by focusing on the evolving landscape of gaming and interactive entertainment. Laton Ventures will invest in various content categories, including mobile, PC, console, infrastructure, and tech around gaming.
The fund places a strong emphasis on providing operational advisory to its portfolio companies in fields like user acquisition, game design, development, and analytics, leveraging the fund team’s hands-on experience and industry-veteran advisor team. Laton Ventures has already invested in five companies in the past six months, with a focus on pre-seed and seed stages of startups with industry-leading talent and robust execution capabilities.
The fund is backed by over 20 prominent figures in gaming and technology industries, including Supercell, and major financial institutions like İşBank. Laton Ventures is led by Görkem Türk, the former gaming and startups industry manager at Google, who aims to support the best teams tapping into the growing opportunities in the gaming industry. Türk believes that the current downturn in the industry has resulted in healthier valuations for startups, making it an ideal time to invest.
Overall, Laton Ventures’ unique operational advisory model and industry connections have helped it secure allocations in highly competitive deals and position itself as a key player in the global gaming investment landscape.
