TLDR:
– Laton Ventures, a new gaming venture capital fund based in Turkey, has introduced a $35 million fund to invest in game companies.
– The fund aims to connect Turkish and global gaming ecosystems, invest in various content categories, and provide operational advisory to portfolio companies.
Laton Ventures, a new gaming venture capital fund based in Turkey, has announced the launch of a $35 million fund to invest in game companies. The fund aims to focus on Turkey’s growing status as a global hub for gaming and interactive entertainment, connecting Turkish and global gaming ecosystems by investing both locally and globally. Görkem Türk, founding partner of Laton Ventures, stated that the fund plans to become a vital link between these ecosystems. The fund will be agnostic towards different gaming platforms and content categories but may lean more towards mobile content, as it has a strong background in mobile gaming. Additionally, Laton Ventures will also invest in non-content areas like infrastructure and technology related to gaming, providing operational advisory to its portfolio companies in areas such as user acquisition, game design, development, and analytics.
Laton Ventures primarily focuses on pre-seed and seed stages, seeking out startups with industry-leading talent, a strong vision, and the potential to scale into massive companies. The fund has already invested in five companies in the past six months, including two in Turkey, two in Europe, and one in the U.S., securing allocations even when globally leading funds were unable to do so. The fund is led by Görkem Türk, former gaming and startups industry manager at Google, and backed by over 20 prominent figures in the gaming and technology industries, including investment from Supercell and financial institutions like İşBank. Türk believes that the gaming industry is entering a new era of entertainment experiences, with great potential in supporting innovative approaches and strong execution. With its focus on operational advisory and diverse investment strategy, Laton Ventures aims to become a trusted partner for gaming founders and investors, making a significant impact in the global gaming ecosystem.
