According to BlockBeats, venture capital firm Bitkraft Ventures announced the establishment of a new fund of $275 million on April 4, mainly for seed and Series A financing of game studios, platforms and technology startups. This is Bitkraft's third early-stage equity investment fund, bringing its total assets under management to more than $1 billion. Despite the challenging current market environment, Bitkraft founder Jens Hilgers remains optimistic about the long-term prospects of the gaming industry.
The new fund will focus on original IP and new generation entrepreneurs. Hilgers pointed out that a large number of excellent serial entrepreneurs have emerged, and their participation will greatly promote industry innovation. Looking to the future, Hilgers is still confident in Web3 games and believes that AI will reshape the production, operation and experience of games, giving birth to truly innovative gameplay.