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GEM Capital unveils $50m investment
03.08.2023 - 21:29 / gamesindustry.biz
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GEM Capital has announced a $50 million investment plan for game studios.
The firm said it will target early-stage funding rounds, and each investment will range from $2 million to $5 million.
"GEM Capital is looking to invest in F2P and premium PC and console titles, as well as midcore mobile games and game-tech companies," said GEM Capital.
Additionally, GEM Capital managing director Kirill Gurskiy said, "Successful IPs must be present on all platforms (PC/console/mobile) and across all spectrum of entertainment.
"This will generate more interest in the IPs and drive more players to the games, as it appeals to a broader audience."
Its past game studio investments include Mundfish (Atomic Heart), Owlcat Games (Pathfinder: Wrath of the Righteous), and DeusCraft (Grand Hotel Mania: Hotel games).
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