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Enterprise Capital agency Laton Ventures has raised $50 million to assist pre-seed and seed-stage gaming startups.
The Istanbul-based VC agency may also spend money on non-gaming app firms. Because it launched in April 2024 with $35m, the model has made 5 early-stage investments throughout Türkiye, the US, and Europe, with two firms already securing Sequence-A funding.
A type of firms is Turkish cellular gaming studio Grand Video games, elevating $30m simply 9 months after launching, whereas the second stays undisclosed.
Laton Ventures is backed by over 40 gaming and tech founders, trade veterans from over 10 nations, and firms like Supercell and Tibas Ventures. Its buyers embrace former executives from Peak, Gram, Loop, and Huuuge, with institutional buyers and world household places of work.
A mobile-first technique
“We consider in gifted groups with distinctive imaginative and prescient, growing progressive video games, apps, and next-generation leisure platforms,” mentioned Laton Ventures founding associate Görkem Türk. “We’re passionate in regards to the cellular platform and its future evolution, pushed by the tailwind of AI and integration of social parts.”
“We’re pleased with the achievements of our portfolio firms and the progress made in our first yr, which has been a testomony to the energy of our targeted funding technique.”
“We really feel privileged and enthusiastic about supporting the very best founders within the gaming and apps ecosystems throughout Türkiye and the globe.”
