Participated · Series A · Nov 2024

Appcharge is a direct-to-consumer (DTC) platform for mobile game publishers, offering fully branded web stores, gamified offers, global payments checkout, and mobile in-app payments SDKs. The company has launched an iOS Payments SDK, AppDirect, and widely-adopted Payment Links to expand its suite of compliant, scalable DTC tools. Appcharge powers stores for more than 100 games and for over one-third of the top-grossing mobile games, with publishers reporting average profit lifts of 35% and improved retention. The platform is processing more than $500 million in transactions and has grown 14x year-over-year. Appcharge plans to use new funding to scale its platform with new products to meet global industry demand and to lead the next era of customer engagement beyond app stores. The company is headquartered in Tel Aviv and is led by veterans from Rovio, Huge Games, Moon Active, and Play Studios. Appcharge builds a headless commerce platform for game publishers to sell in-game currencies and virtual goods directly to players. The platform links gaming accounts to publisher-run stores, provides pricing and purchasing analytics, and acts as merchant of record by creating local merchant entities, tax registration, payment facilities and fraud prevention. The company processes roughly $200 million annually in purchases and counts customers in the "tens." Founded in 2022 by Maor Sason and based in Tel Aviv, Appcharge plans to expand its analytics with more machine-learning capabilities in the coming months. It positions itself as a complement to app-store and direct storefront efforts rather than an in-app bridge, relying on channels like newsletters and gaming communities for traffic. The funding will support expansion of the product and go-to-market efforts.

Participated · Seed · Jul 2024

Bitmagic is a Helsinki, Finland–based company founded in 2021 that transforms textual descriptions into fully interactive multiplayer 3D games. The company launched its platform on Steam Playtest, allowing users to create 3D multiplayer games from simple text prompts. Bitmagic leverages advanced AI techniques to remove traditional barriers in game creation and aims to democratize game development. The platform targets nontechnical creators by enabling them to bring game ideas to life without traditional tooling. The company announced a $4.0M seed raise in July 2024 and plans to use the proceeds to propel product development and platform growth.

Led · Seed · May 2024

GFAL is a Barcelona-based video game development and publishing startup led by CEO Manel Sort. The company leverages technologies from AI to Web3 to create immersive, fun gameplay experiences. It soft-launched its mobile game Elemental Raiders in March 2023 and plans for 2024 will build on that launch. GFAL raised $3.2M in a Seed funding round led by Supercell Ltd and Mitch Lasky, with participation from Heinrich Zetlmayer, Bonduc Bioscience SL, BCNBCNLVC, David Fernandez, Bonsai Partners, Nekko Consulting, Inveready and others. The company intends to use the funds to expand its core team and accelerate its production plans. Games for a Living (G4AL) is a Barcelona-based game-fi studio founded by video game and technology specialists to develop Triple-A quality video games and metaverses with NFTs and crypto tokens. The company plans to launch its first official title, Elemental Raiders, in June. It has already started a private sale of its Game Gold Token ($GGT) and plans a public ICO in June. G4AL will also offer a video game engine based on its technology to let external developers bring products to the blockchain. The studio intends to release two additional games: Millionaire Wars, a match-3 title featuring luxury NFTs, and a World War II–themed trading card game called World War II Meta. The company is co-founded by Nuclio, a venture builder in Southern Europe, and Manel Sort, the former FVP of King’s Barcelona studio.

Participated · Series C · Jul 2022

Klang Games is a game studio focused on exploring the future of humanity through various media, anchored by SEED, a large-scale virtual world experienced via AI-driven virtual humans called Seedlings. SEED is set in the world of Avesta and offers a player-driven economy, self-governance, customizable Seedlings, and community-oriented gameplay that relies on player caretaking. The title is currently in pre-alpha and emphasizes creating an online space where people can connect, work together, and build strong communities. With the new funding, the company plans to accelerate SEED’s development, further develop its scalable back-end and technical infrastructure, and double headcount from about 70 to 150 within 12 months while creating a collaborative workplace in central Berlin. Klang Games completed a $41M Series C that brings its total funding to nearly $80M. Founded in 2013 and led by CEO Mundi Vondi, the company also added Isabelle Henriques as Co-CEO and COO in February 2022. Klang Games is an independent, Berlin-based game development studio led by CEO Mundi Vondi. The studio launched its first project, ReRunners: Race for the World, for iOS and Android devices in July 2015. It is now developing Seed, a simulation MMO that utilizes SpatialOS technology to enable small teams to build massive simulations. Klang Games raised $8.95m in funding in the reported round. The company has raised $13.95m to date and will use the new funds to support development of Seed. Klang Games is a Berlin-based independent game studio founded in 2013 by Ívar Emilsson and Oddur Magnússon, together with artist Mundi Vondi. The studio is developing its first title, ReRunners, a mobile and tablet online asynchronous multiplayer with an open world and fast-paced racing gameplay. ReRunners is in beta and slated to launch in New Zealand, Australia, and the Philippines in the coming weeks, with a global launch planned for October. Klang emphasizes maintaining independent roots and creative control, focusing on accessible, social gameplay that builds player communities. The founders collectively bring about 15 years’ experience developing online-multiplayer games from work at CCP Games (EVE Online, Dust 514). London Venture Partners will provide financial support and publishing expertise as part of the partnership.

Participated · Equity · Aug 2021

Clockwork Labs is developing a cross-platform community sandbox MMORPG that emphasizes social interaction, cooperation, building, crafting, role-playing, and non-combat roles while not ruling out combat. The studio favors player-created worlds and player-driven mechanics to reduce handcrafted content, while keeping balance rather than going fully open like Roblox or Minecraft. Cofounders Tyler Cloutier and Alessandro Asoni started the studio in 2019 and have been testing prototypes since late 2019. The company is nominally headquartered in San Francisco but operates fully remote, with 14 employees across North America, Europe, and South America. The team includes talent from Machine Zone, Ubisoft, Kakao Games, Apple, and Bloomberg. The studio is hiring and has raised $4.3M from strategic and angel backers.