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Against games industry doldrums, Bitkraft Ventures raises $275M to back studios and platforms

Bitkraft Ventures — a games investor based out of Denver, Colorado, but with European founders — has raised its third fund, coming in at $275 million. The Bitkraft Ventures — a games investor based out of Denver, Colorado but with European founders — has raised its third fund, coming in at $275 million. The fund will invest in gaming studios and platforms to support the production of games at Seed and Series A stages. The moves comes at a time when Games investments have actually declined 72 per cent year on year, according to a recent Pitchbook report.

Bitkraft Ventures — a games investor based out of Denver, Colorado, but with European founders — has raised its third fund, coming in at $275 million. Founded by games industry veteran Jens Hilgers, Bitkraft has over 130 companies in its portfolio, and more than $1 billion in assets under management. Perhaps the best way of positioning Bitkraft is to compare it to Play Ventures in Singapore which has raised $222.9M across 4 funds, but also invests across several types games platforms.

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