VGames
Aluf Albert Mendler Street 9, Tel Aviv, 6107044, Israel
Overview
vgames is the venture fund for game entrepreneurs. Having both worked with some of the youngest and most mature developers, we have a deep understanding of what it takes to build a great game. We are passionate about games, and about supporting companies as they grow to become global leaders.
- Total investments
- 10
- Lead investments
- 1
- Investments · 12mo
- 1
- Active investors
- 3
Sector focus
- Finance
- Financial Services
- Funding Platform
- Gaming
- Venture Capital
Investment portfolio
- GammaTime
Led · Seed · Oct 2025
GammaTime operates a microdrama streaming platform focused on short, vertically formatted episodic series designed for mobile viewers. The company plans to expand its offering of premium originals and to adapt Versant-owned IP into short-form romance, true crime and fantasy series using Versant showrunners. GammaTime secured rights to archives owned by the proprietor of the National Enquirer for new microdrama projects. Prior to its October 2025 launch, the company raised $14 million from investors including Kim Kardashian, Kris Jenner and Alexis Ohanian. Slava Mudrykh, a former Google Gaming executive, is a co-founder and serves as chief revenue officer. The recent Series A included a minority investment from Versant Media Group to help scale content and reach younger mobile audiences.
- Sett
Participated · Series A · May 2025
Sett builds agentic AI systems that analyze performance data, generate diverse playable and video ad concepts, deploy them to networks, and learn from results to optimize user-acquisition creative. Its UA creative performance platform produces different creative hypotheses grounded in real performance signals and automates testing and deployment across ad networks. The company is co-founded by CEO Amit Carmi and CTO Yoni Blumenfeld and is based in Tel Aviv. Following its $30M Series B led by Greenfield Partners, Sett plans to expand operations and accelerate development work with the new capital. The article does not disclose revenue, user metrics, or prior funding amounts.
- Xternity Games
Participated · Seed · Nov 2022
Xternity is a Web3 gaming platform co-founded by Sagi Maman (CEO) and Shahar Asher (CTO) that offers a meta layer developers can add to any game. Its open beta provides a Multi Chain API, embedded and customized wallets, an NFT platform at scale, and a Web3 CRM tool. The platform is already integrated with Polygon, ImmutableX, Solana, and Celo. Xternity focuses on no-code solutions to help game creators boost player engagement, especially among Gen Z, and to safely onboard Web2 games to Web3. The company positions itself to enable brands and communities with true digital ownership and next-gen engagement tools. Today it announced $4.5 million in funding from gaming and Web3 investors to support product development and adoption.
- UnCaged Studios
Participated · Series A · Jul 2022
UnCaged Studios is a web3-focused gaming studio developing play-to-earn titles, notably the Solana-focused soccer game MonkeyLeague. The studio was co-founded by brothers Raz and Tal Friedman, both of whom previously worked at Playtika. Leadership describes the company as a gaming company first that integrates web3 into games rather than being web3-first. The capital will be used to continue developing MonkeyLeague and to create future games and infrastructure for web3 gaming. Company founders say they are already earning money and that the funding will enable higher-production content and the expensive talent needed to build it. UnCaged aims to create sustainable game economies and communities around play-to-earn concepts.
- Dorian
Participated · Series A · Mar 2022
Dorian provides a no-code mobile platform (iOS and Android) that converts written fiction into interactive, free-to-play choose-your-own-adventure games where readers can spend in-app currency to unlock alternate routes. The app splits in-app purchase revenue 50/50 with authors and pays creators via Tipalti, enabling continuous monetization rather than one-time fees. The company reports around 250 monetizing creators, with top creators making roughly $15,000 in annualized revenue and a few treating Dorian as a full-time job. Dorian supports fan works within its ecosystem via creator agreements that let original authors retain IP and set royalty splits for derivative works; it has also run licensed events with partners like Lionsgate. The product includes livestreaming so creators can play or showcase stories to build audiences, and the company employs human moderation plus host/reporting tools to manage content. With plans to grow the team and license more IP for in-app events, Dorian is also prioritizing hiring and support for Ukrainians affected by the war. Dorian offers a no-code engine and flowchart-style interface that enables fiction writers to design characters and scenes from visual assets, connect story branches, and create player choices without programming. The platform supports real-time collaboration between writers and provides detailed analytics to track reader responses and optimize monetization. Writers publish directly through the Dorian app and retain ownership of their resulting intellectual property. In early tests with about 50,000 players, writers were able to improve monetization by roughly 70% after one or two iterations. The company is currently invite-only and plans a broader launch later this year. Dorian is led by co-founder and CEO Julia Palatovska, who previously headed business development at G5 Entertainment. Dorian is building an "immersive fiction" mobile app inspired by experimental choose-your-own-adventure storytelling such as Black Mirror: Bandersnatch. The product lets users make decisions that shape nonlinear narratives and supports social collaboration so players can make choices together. The company plans to deliver multiple stories aimed initially at millennial and Gen Z women and to create a platform combining fiction with social gameplay. Dorian emphasizes female leadership and diverse, authentic female role models; CEO Julia Palatovska leads a team including Jordan Lee and Heather Logas, all with mobile games backgrounds. The San Francisco-based startup has raised $2 million in seed funding to support content development. Investors are primarily game-focused firms and industry angels, reflecting interest from the gaming investment community.