United Arab Emirates-headquartered video game publisher Ravenage has formed a $20m corporate venture capital fund to partner and invest in independent game developers.
Founded in this year, Ravenage is working on in-house video games that are set to be released from September 2021. It also provides services for video game creators in areas including public relations, marketing, sales, community management, localisation and events.
The fund will identify indie game projects with teams who have the potential to forge long-term partnerships with the company.
Elena Morina, Ravenage’s founder and chief executive, said: “Game publishing is a complex process, and sometimes developers are not even aware of the pool of activities behind the word. This causes a lot of frustration – especially for those who have just made their first game.
“So, our motto is to be completely transparent to our partners and invite them to join our marketing team in an effort to represent the game to the audience.”
