Games Investment Review Q3 2023 Executive Summary Report

Oct, 2023 ▪
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BITKRAFT
Ventures
4 Investments 4 Investments
5 Investments Samsung
Q3 Round Total
($M, USD)
Q3 Top Round
Value ($M, USD) Stages Top Segments
6.4 Early Mobile
Wemade’s subsidiary, Wemix has invested in 5 blockchain mobile game studios, including SimSports and 4 undisclosed developers
WeMade
Inworld AI , an AI -based virtual character creation platform provider, raised $50.0M in a mid/late stage raise
AI-based moderation service provider GGWP raised $10M in an early -stage round
Irreverent Labs , an AI -generated video tech provider, raised an undisclosed early -stage round from Samsung
4 Investments
Q3 Round Total
($M, USD)
Q3 Top Round
Value ($M, USD) Stages Top Segments
60.0 50.0 Early, Mid/Late Tech/Other, Mobile
Andreessen
Horowitz
Blockchain games developer and infrastructure provider Proof of Play raised $33.0M in a seed round led by Andreessen Horowitz
Pahdo Labs , an AI -driven games developer and user -generated content platform provider, raised $15.0M in a Series A raise led by Andreessen Horowitz
AI-driven games development toolset provider, Series AI raised $7.9M in a seed round led by Andreessen Horowitz
Q3 Round Total
($M, USD)
Q3 Top Round
Value ($M, USD) Stages Top Segments
55.9 33.0 Early Console, Mobile, Tech/Other
Polygon
Blockchain metaverse infrastructure provider Cosmic Wire raised $30.0M in an early -stage round co -led by Polygon
Delabs Games , a blockchain games developer, raised $4.7M in a seed round
Blockchain games developer GAM3S.GG raised $2.0M in a seed round
Q3 Round Total
($M, USD)
Q3 Top Round
Value ($M, USD) Stages Top Segments
38.2 30.0 Early Mobile, Tech/Other, Console/PC
AI-driven games development toolset provider Series AI raised $7.9M in a seed round
Luda , an AI -driven user -generated content game infrastructure provider, raised $7.0M in a funding round led by BITKRAFT Ventures
AI-assisted UGC games developer and platform provider Infinite Canvas raised $6.0M in an early -stage round led by BITKRAFT Ventures
4 Investments
Q3 Round Total
($M, USD)
Q3 Top Round
Value ($M, USD) Stages Top Segments
26.2 7.9 Early Tech/Other, Console/PC

2 Investments 3 Investments
5 Investments Polygon
Q3 Round Total
($M, USD)
Q3 Top Round
Value ($M, USD) Stages Top Segments
6.4 Early Mobile
Wemade’s subsidiary, Wemix has invested in 5 blockchain mobile game studios, including SimSports and 4 undisclosed developers
WeMade
Blockchain metaverse infrastructure provider Cosmic Wire raised $30.0M in a seed round co -led by Polygon
Delabs Games , a blockchain games developer, raised $4.7M in a seed round
Blockchain games developer GAM3S.GG raised $2.0M in a seed round
4 Investments
Q3 Round Total
($M, USD)
Q3 Top Round
Value ($M, USD) Stages Top Segments
38.2 30.0 Early Mobile, Tech/Other, Console/PC
Animoca
Brands
Q3 Round Total
($M, USD)
Q3 Top Round
Value ($M, USD) Stages Top Segments
47.0 30.0 Early Tech/Other, MCG
Q3 Round Total
($M, USD)
Q3 Top Round
Value ($M, USD) Stages Top Segments
17.0 9 Early Tech/Other, MCG
2 Investments
Q3 Round Total
($M, USD)
Q3 Top Round
Value ($M, USD) Stages Top Segments
17.0 9.0 Early Tech/Other, MCG
HashKey
Group
Sanctor
Capital