GXC, a Korean provider of a global solution for the video game industry, has launched Round Ventures, its new $40M+ venture fund focused on investing in early stage games startups.
The fund – based in Singapore – will invest in promising video game developers and video game related companies to help fuel their growth while continuing to deliver high quality content and services.
Led by Rick Nahm, General Partner, Round Ventures aims to invest $2M – $8M per company with co-investors valued between $10M – $50M and to support companies’ exponential growth. Qualified companies should either already be generating revenue with their current project or companies that are working on their first project should have momentum around it.
Round Ventures will be investing in its first projects this November, during its first ever investment summit in Jeju, South Korea called Round Ventures Select Asia. At the event, the fund will be inviting 10-15 video game companies to showcase their games and services in front of the Round Ventures team, its vast group of Investors, renowned media and influencers. The fund plans to host two investment events annually in Asia and Europe.
With the launch of Round Ventures, GXC continues to grow in the video game market. It has set up an ecosystem through its three branches of business. This includes leveraging its Global Top Round accelerator to push growth to projects in need of guidance, improving projects with its data-driven G.Round game platform, and now using Round Ventures to further invest and grow startups.
Game companies interested in being considered for an investment opportunity can email info @ roundvc.com. After the application review and user preference testing, studios can be invited to private investor relations events, semi-annual private gatherings between investors and developers.