The Venture Codex Logo

The Venture Codex

Hiro Capital

Cannon Place, 78 Cannon Street, London, EC4N 6AF, United Kingdom

Overview

Hiro Capital is a Luxembourg / London technology Venture Capital fund which invests in European and UK innovators in Games, Esports and Digital Sports. Hiro Capital generally invests at the post-seed Series A and B stages. We invest both in front-end Content creators in Games, Esports and Digital Sports and in deep tech sector-specific applications of Cloud, Mobile, Streaming, Big Data, AI, Wearables, AR and VR technologies.

Total investments
30
Lead investments
20
Investments · 12mo
1
Active investors
4

Sector focus

  • eSports
  • Gaming
  • Venture Capital
  • Video Games
  • Wearables
Visit website

Investment portfolio

  • Advanced Machine Intelligence (AMI)

    Participated · Seed · Mar 2026

    Advanced Machine Intelligence (AMI) is an artificial intelligence research company founded by Yann LeCun that focuses on building new self-supervised learning systems known as Joint Embedding Predictive Architectures (JEPA). Unlike traditional large language models that predict the next word, JEPA is designed to understand and reason about the physical world through multimodal sensor data, enabling planning and decision-making. The company plans to translate this core technology into products for industrial process control, automation, wearable devices, robotics, and healthcare, where reliability and safety are paramount. AMI maintains its headquarters in Paris with additional offices in Singapore, New York City, and Montreal. Although still pre-revenue, the firm’s substantial seed financing positions it to invest heavily in research talent and compute infrastructure. The $3.50 billion pre-money valuation reflects investor confidence in the commercial potential of its foundational AI approach.

  • Sidero Labs

    Led · Equity · Oct 2024

    Sidero Labs develops tools and infrastructure to lower the friction of managing Kubernetes and containerized applications. Its key products include Talos Linux, a minimal, immutable, API-managed operating system designed specifically for running Kubernetes, and Omni, a SaaS platform that simplifies deployment, management, and upgrades of Kubernetes clusters on bare metal, virtual machines, and cloud providers. The company raised $4.0M in funding and intends to use the proceeds to expand operations and business reach. Led by CEO Steve Francis, Sidero serves customers across industries, including Ubisoft, Roche, and Nokia. The product suite targets enterprises seeking a more opinionated, managed experience for Kubernetes at scale. The company is based in San Francisco, CA.

  • FRVR

    Participated · Equity · Aug 2024

    FRVR provides a game creation and distribution platform that enables creators to build and distribute games. The company was founded in 2017 and is based in Lisbon, Portugal. It raised $12.7M in a funding round to support its growth. FRVR plans to use the proceeds to enhance its platform, with a focus on advancing its AI engine for more personalized gaming experiences. The company also intends to scale a creator economy that empowers creators worldwide and provides them tools to develop and monetize content. FRVR positions these efforts to drive innovation and enrich the gaming experience for players and creators alike. FRVR operates a games platform and ecosystem designed to connect billions of players with casual and higher-quality games that run across web and mobile channels. The company says it makes finding good games possible in no more than three clicks and focuses on democratizing game distribution by working with developers and distribution partners. FRVR plans to invest heavily in higher‑quality games, teams, and content to raise the level of experiences across app stores and other channels. The business reports more than 1.5 billion players to date and millions of daily active players on its platform. FRVR was founded in 2017 by Chris Benjaminsen and Brian Meidell and has grown to more than 100 employees across six offices. The company recently completed a financing that it intends to deploy toward content, teams, and expanded distribution. FRVR builds HTML5 casual games designed to load quickly and run in-browser across messaging platforms, app stores and the web. Its catalogue includes 32 live titles (with 19 more in development) and its biggest game, Basketball FRVR, has recorded 5.6 billion plays since 2017. The company focuses on hyper-casual titles that can be ported seamlessly to multiple channels including Facebook Messenger, Apple’s App Store, Google Play and web platforms. FRVR uses a highly analytical, process-driven approach to development to maximise user engagement and minimise load times. The team is ~14 people with offices in Malta, London, Seville and Copenhagen. FRVR plans to expand into Asia and distribute its games across many new platforms in the coming months.

  • Soccerverse

    Participated · Equity · Jul 2024

    Soccerverse is a free-to-play football management game that uses blockchain technology to let players build dream teams and exert influence in the game ecosystem. The company emphasizes an immersive, community-driven experience and a social layer intended to change how players engage with management gameplay. Leadership says the new funding will optimize launch, accelerate growth, and allow the team to deliver higher quality, feature-rich experiences to a global audience. Soccerverse highlights its blockchain features as a differentiator within the genre. Financially, the company has raised a total of $4 million following a strategic investment of £2.5 million ($3.1 million) led by Square Enix with continued support from Hiro Capital. Quotes from Square Enix and Hiro Capital in the announcement portray the round as both validation and ongoing partnership.

  • Loric Games

    Led · Equity · Jan 2024

    Loric Games is a game development studio co-founded in 2022 by former Mythic Entertainment veterans Brian Johnson, Ray Soto, and Rob Denton. The studio is focused on developing new games and expanding its production capabilities. It has secured $4 million in a recent funding round to support ongoing game development. The round was led by 1AM Gaming with participation from Hiro Capital. Loric also appointed Jeff Hickman as chief production officer; Hickman previously worked at EA and NaturalMotion. Company leadership says his arrival underscores a period of dynamic growth and a commitment to elevating new game genres.

Team