Participated · Series A · Jul 2026

Neon Commerce builds a tech stack for gaming publishers that includes personalized webstores, a payments layer handling checkout, tax and fraud, and loyalty programs to retain players. Its platform embeds commerce and loyalty capabilities directly into publishers’ ecosystems while exposing player information to publishers when security and legal conditions allow. Neon serves mobile and PC games across core and casual genres and has grown gross merchandise value more than tenfold over two years. The company reported over 200% year-over-year growth in H1 2026. Founded in 2022 and led by CEO Chris Faught, Neon plans to deploy its Series A proceeds to expand its commerce and loyalty infrastructure across the games industry.

Led · Series B · May 2026

The Black Label was co-founded in 2015 by veteran producers Teddy Park and Kush and was spun off from YG in 2020. It operates as a K-pop label and production studio with a roster that includes Rosé (BLACKPINK), Taeyang (BIGBANG), Jeon Somi, MEOVV and AllDay Project. The label’s profile rose substantially following its producers’ work on the KPop Demon Hunters soundtrack, whose lead single reached No. 1 on the Billboard Hot 100 and whose film became Netflix’s most-watched movie of all time and won Academy Awards and Golden Globes. Financially, the company has secured a Series B of ~120 billion won (~$80M) at an implied valuation of about 1 trillion won (~$660M). Management and coverage indicate the company plans to pursue cross-media and global market opportunities using its artist roster and the new capital to expand as an entertainment firm.

Participated · Equity · Mar 2026

Golden Tides is a pirate-themed 4v4 adventure MOBA in development for PC, with plans for future distribution on additional platforms. The game emphasizes shorter 20–25 minute matches, open-world exploration mechanics, and crews making tactical choices, combining MOBA structure with exploration and naval combat. The roster supports more than 12 characters across roles such as damage, tank, and support. Development is led by a team of industry veterans who have worked on titles like PUBG: BATTLEGROUNDS, League of Legends, Fortnite, and Call of Duty: Warzone. Psychedelic Games received $3.5 million in strategic funding from FlyQuest, KRAFTON, and Arbitrum Gaming Ventures to support the title's development and expansion. As of the announcement, no release window or detailed gameplay mechanics beyond core design goals have been disclosed.

Participated · Seed · Nov 2025

SuperGears Games is an Istanbul-headquartered gaming studio focused on creating a connected mobile racing universe anchored by its flagship title, Kingdom Racing. The team emphasizes deep mastery of racing game technology and aims to scale its products to a global audience. Management sees the company’s mission as building a broad racing ecosystem, not just a single game, and the new capital will accelerate production, content expansion and worldwide user acquisition. The studio has attracted both Turkish and international backers, highlighting confidence in its product quality and technical capacity. Financially, the company secured a $1.5 million pre-seed round in 2023, followed by a $2.1 million seed round in 2024, demonstrating growing investor appetite. Although specific revenue or user metrics were not disclosed, investor commentary underscores Kingdom Racing’s perceived global potential and SuperGears’ long-term vision.

Participated · Series C · Oct 2025

Founded in 2018, Bengaluru-based Kuku operates two flagship services—Kuku FM for audio shows and Kuku TV for vertically formatted, episodic video stories—both delivered in more than eight Indian languages. The company targets India’s mobile-first audience with low-priced subscriptions (₹199/month, ₹499/quarter, ₹1,499/year) and reports over 10 million paid subscribers, up from 2 million in 2023. Users spend an average of 100 minutes per day on its apps, and more than 90 % of subscribers stay active month-over-month. Across its portfolio, Kuku has amassed 229 million downloads and over US$4 million in consumer spending, with 134 million downloads occurring in 2025 alone. Roughly 10,000 creators—over half from small towns—supply content, collectively earning about ₹400 million (≈US$4.5 million) each month. Kuku augments creator workflows with an in-house GenAI studio that assists in scripting, translation, and thumbnail generation, claiming that 70–80 % of production tasks now leverage generative AI. The firm plans to expand internationally (pilots in the Middle East and U.S.), enhance AI infrastructure, and recruit additional tech and content talent using its new capital.