Laton Ventures commenced operations with an initial funding of $35 million
Laton Ventures, an ambitious new venture capital firm with a sharp focus on the gaming industry, has recently announced its successful raising of $35 million. The firm is poised to make strategic investments in Turkiye's vibrant gaming sector and beyond, leveraging the country's burgeoning status as a global gaming hub.
With a keen eye on the evolving landscape of games and interactive entertainment, Laton Ventures aims to bridge the gap between Turkish and global gaming ecosystems. By providing not only financial backing but also operational advisory services, the firm seeks to empower its portfolio companies with the tools and guidance needed to thrive in the competitive gaming market.
Led by Founding Partner Görkem Türk, a former Gaming & Startups Industry Manager at Google, Laton Ventures boasts a seasoned team with diverse experience from companies such as Peak Games and Boston Consulting Group. Additionally, the firm has garnered support from over 20 prominent figures in the gaming and technology industries, including investors such as Mehmet Ecevit, Co-Founder of Gram Games, and Mert Gür, Founder of Loop Games.
Laton Ventures adopts a strategic investment approach, focusing primarily on pre-seed and seed-stage startups with exceptional talent and a clear vision for success. The firm remains agnostic towards different gaming platforms and content types, although its team's strong background in mobile gaming is acknowledged.
In just the past six months, Laton Ventures has already invested in five companies, including two in Turkiye, two in Europe, and one in the USA. Notably, these deals were highly competitive, with Laton Ventures securing allocations alongside some of the world's leading funds—a testament to the firm's unique approach and reputation within the industry.
Supercell, the creator of popular games like Clash of Clans and Clash Royale, has also joined forces with Laton Ventures as an investor, further validating the firm's potential in the gaming investment landscape. Additionally, Laton Ventures has secured investment from major financial institutions, including the 100th Year venture capital arm of İş Bankası, Turkiye's largest private bank.
In a statement, Founding Partner Görkem Türk expressed the firm's commitment to supporting the brightest talent in the gaming industry and seizing the exciting opportunities that lie ahead. As player numbers continue to soar globally, Laton Ventures stands ready to play a pivotal role in shaping the future of entertainment experiences through innovative investment strategies and unparalleled execution.
Source: adapted from an article by Mobidictum.