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Today: October 5, 2024
April 6, 2024
1 min read

Unveiling a $35 million fund for new gaming ventures


TLDR:

  • New gaming-focused venture capital fund, Laton Ventures, unveils $35 million fund tailored towards gaming investments
  • The fund aims to target pre-seed and seed-stage ventures with global business potential, positioning Türkiye as a leading global investor in the gaming sector

The article discusses the emergence of a new gaming-focused venture capital fund called Laton Ventures, which has announced a $35 million fund dedicated to gaming investments. This venture capital fund is specifically tailored towards targeting pre-seed and seed-stage ventures with global business potential, leveraging Türkiye’s strategic position in the gaming industry. The firm, based in the Netherlands, serves as a conduit between Türkiye and the global gaming arena, with investments extending worldwide. The article highlights the importance of investor expertise in the gaming sector, with small studios typically consisting of four to five employees. Laton Ventures intends to provide operational support to its portfolio companies, including marketing strategy, game design, software, and data analysis to foster growth. The fund has garnered investments from industry luminaries and actively engages with portfolio companies to drive success on a global scale. The article also touches upon the success of Binance Women’s Academy in providing tech education to women in Hatay province, the Deepdefence program initiated by Teknopark Istanbul in collaboration with Aselsan for defense tech ventures, and the selection process for ventures in the AI Startup Factory.


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