VC fund VGames launches new $10m Indie Fund
Venture capital firm VGames has launched a new $10 million Indie Fund to provide project financing for premium PC and console titles. The fund will offer revenue share deals instead of equity, aiming to support commercially ambitious games that do not rely on free-to-play monetization. VGames plans to back 10 to 20 studios with investments ranging from $500,000 to $1 million, while allowing developers to retain IP rights and creative control.
- Entities
- Topic: Game Development Finance
- Person: Daniel Mironov
- Person: Lior Elovitch
- Company: VGames
- Topic: Revenue Share
- Topic: Indie Games
- Platform: PC
- Platform: Console
- Topic: Venture Capital
This article was reported and published by gamesindustry.biz. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.