US-based venture capital fund The Games Fund has added $17m from limited partners including mobile game publishers Scopely and Com2us to its coffers, VentureBeat has reported.
The Games Fund expects to close the vehicle at $50m later this year and will invest in developers of mobile, PC and console games, in both Europe and the US.
Maria Kochmola and Ilya Eremeev started the fund having both previously worked at Russia-listed internet group Mail.ru’s My.Games division, which had started a game-focused fund called MGVC.
Kochmola had been the investment director at MGVC since its inception in 2017, and she led more than 35 investments (with six exits).
Photo of Maria Kochmola courtesy of Linkedin.
