Bitkraft Ventures raises $275M to back studios and platforms

Bitkraft Ventures, a games investor based out of Denver, Colorado, but with European founders has raised its third fund, coming in at $275 million. The fund will make seed and Series A investments in gaming studios, and platforms to support game production. The moves comes at a time when games investments have actually declined 72% year on year.

Founded by games industry veteran Jens Hilgers, Bitkraft has over 130 companies in its portfolio, and more than $1 billion in assets under management. Visit their website located at the bitkaft.vc domain name.