New Investment Fund to Support Game Entrepreneurs

It is undoubtedly one of the fastest growing sectors in Turkey. gaming industry. We were constantly seeing companies receiving huge investments. Now, there has been a development that may have a very positive impact on the gaming industry in our country.

Aiming to support entrepreneurs in the digital gaming field with an event held in Istanbul. PlayGate Venture Capital Investment Fund It was announced that it was established.

The fund, which will be open to both local and global investors, is aimed to reach 750 million TL.

The investment fund opened its doors to entrepreneurs in the gaming industry 11 months ago. Startgate It was founded by in collaboration with Aktif Portföy. The company, which supports many local game companies from Noko Games to Wendigo Games, from Misclik Games to Pigeoon, stated that the startups it supported reached a valuation of 52 million dollars in less than a year. It was stated that it is believed that the new investment fund will become the largest investment fund in the region with a high number of participants, taking the power of the sector.

According to the statement made by StartGate CEO Cihat Durmuş, PlayGate Venture Capital Investment Fund to a size of 750 million TL in the medium term. is intended to be delivered. Thus, it is aimed to invest in game and game technologies entrepreneurs and to accelerate the sector in our country. Both the fund To all investors, both local and global It was also added that it will be open. In this way, it is aimed to attract investors, especially from abroad.

Türkiye ranks high in gaming investments

Durmuş stated that Turkey is rising in the world in terms of both players and developers, and that it is also one of the leading areas of investment in the sector. According to the statement, Türkiye will be the first in Europe in terms of transaction volume in investment agreements in 2023. 5thin the number of transactions 1st ranked next.