Laton Ventures, a new gaming venture capital fund, is launching today with $35 million in funds allocated for investments in game companies.
The establishment of this Turkey-based fund amidst the current challenges in the gaming industry brings a hopeful perspective to those concerned about job layoffs. It signifies the confidence of a group of investors and their partners in the future of the gaming sector.
Laton Ventures aims to closely monitor the evolving gaming and interactive entertainment landscape, focusing on Turkey’s growing prominence as a global hub in these industries.
Founding partner Görkem Türk expressed that Laton Ventures intends to bridge Turkish and global gaming ecosystems through investments not only in Turkey but also globally.
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“We’re going to be quite agnostic toward the content category. We will invest in mobile, PC, and console. Our background is primarily in mobile, so that will influence our decisions. We will also venture into non-content areas such as infrastructure and gaming technology,” Türk explained.
Operational advisory is a key aspect of Laton Ventures’ strategy, offering guidance in user acquisition, game design, development, and analytics to portfolio companies. The fund leverages its team’s hands-on experience, veteran advisors, and extensive network to support startups.
With a focus on pre-seed and seed stages, Laton Ventures seeks startups with exceptional talent, strong execution capabilities, and a vision to scale into successful enterprises. The fund remains platform-agnostic but acknowledges its expertise in mobile gaming.
Over the past six months, Laton Ventures has invested in five companies, two in Turkey, two in Europe, and one in the U.S. The fund’s success in securing competitive deals and co-investing with renowned funds showcases its approach and reputation.
Led by Görkem Türk, Laton Ventures has brought together industry leaders and seasoned investors to support gaming startups. With a focus on operational advisory and bridging Turkish and global ecosystems, the fund aims to empower startups with innovative approaches for success.
Major industry figures, including Supercell and investors like 100th Year, the VC arm of İşBank, have shown confidence in Laton Ventures and its mission to support the gaming industry’s growth.
Türk emphasized the importance of nurturing talent and creating a unified global gaming community with Laton’s strategic investments and operational support.
Görkem Türk shared the inspiration behind Laton Ventures, citing the abundance of talent in the gaming industry globally. The fund’s focus on Turkey and other regions stems from the growing player base and opportunities in the gaming sector.
His experience at Google and witnessing the evolution of the gaming industry fueled Türk’s passion to create a bridge between Turkish and international gaming ecosystems. Laton Ventures aims to support startups with strategic guidance and innovative approaches to navigate the industry’s challenges.
As the industry evolves, Türk remains optimistic about the future, emphasizing the balanced valuations and clear opportunities in gaming. Laton Ventures stands by its mission to be a reliable partner for founders and investors, fostering a vibrant gaming ecosystem globally.
With a lean team of four, Laton Ventures is poised to drive meaningful impact in the gaming industry under Türk’s leadership.
Origins
Türk’s entrepreneurial journey at Google and his dedication to empowering gaming founders shaped the vision of Laton Ventures. The fund’s establishment marks a significant step towards bridging the gap between Turkish and global gaming landscapes.
As the gaming industry thrives, Laton Ventures aims to support groundbreaking innovations and nurture talent, paving the way for a unified gaming community worldwide. Türk’s strategic insights and industry expertise position Laton Ventures as a leading force in the gaming investment landscape.