Investments
133Portfolio Exits
4Funds
6Partners & Customers
3About BITKRAFT Esports Ventures
BITKRAFT Esports Ventures is an investment firm that provides early-stage venture capital to early-stage and mid-stage startups in gaming, esports, and interactive media. It is the investment and consulting vehicle of esports veteran Jens Hilgers, founder of ESL/Turtle Entertainment.
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LatestBITKRAFT Esports VenturesNews
Aug 28, 2020
Total Active App (currently available for download): 4,382,236 Total Inactive Apps (no longer available for download): 213,872 Total Apps Seen in US App Store: 4,596,108 Number of Active Publishers in the US App Store: 1,201,309 View more Bitkraft Esports Ventures has secured a $165 million venture capital fund to continue to invest in the games industry. Initially, the esports-centred company wanted to raise $125 million, only to have it exceeded with an extra $40 million. Those who contributed to the fund include JS Capital, Adidas, Logitech, Declaration Partners, WPP, Advance, and Carolwood. Founded by Jens Hilgers, Malte Barth, and Scott Rupp, the company is led by Hilgers, the former CEO of ESL. "We are grateful to our investors for their confidence in our team’s ability to identify talent, trends, and opportunities in the gaming and esports space," said Hilgers. "At Bitkraft, we don't just support forward-thinking entrepreneurs with capital, but also provide experience, resources, and our global network. While we are living in challenging times, our industry is experiencing strong tailwinds and unprecedented opportunities. There is no better time for BITKRAFT to invest." Strong investments Since its first pre-seed funding in 2017, when it raised $18 million, Bitkraft Esports Ventures has made several investments within the games industry. Earlier this year, the venture capital firm contributed to the funding of a new studio dubbed Bazooka Tango, founded by the creators of Vainglory. Moreover, the esports-focused firm led an investment round for PatronGG in December 2019, as the company sought funding for its Kokyo esports app . Tags:
BITKRAFT Esports Ventures Investments
133 Investments
BITKRAFT Esports Ventures has made133 investments.Their latest investment was inKarate Combatas part of theirSeries AonApril 4, 2023.
BITKRAFT Esports Ventures Investments Activity
Date |
Round |
Company |
Amount |
New? |
Co-Investors |
Sources |
---|---|---|---|---|---|---|
4/19/2023 |
Series A |
Karate Combat |
$18M |
Yes |
Alpha Wave Global,BITKRAFT Esports Ventures,Delphi Digital,HashKey Capital,Lattice Capital,M13,RooxieXBT,圣地亚哥R桑托斯,The Operating Group,andUndisclosed Investors |
2 |
3/21/2023 |
Unattributed VC - II |
CCP Games |
$40M |
Yes |
Andreessen Horowitz,BITKRAFT Esports Ventures,Hashed,Kingsway Capital Partners,Makers Fund,NEXON,andUndisclosed Investors |
3 |
3/13/2023 |
Seed VC |
Jungle |
$6M |
Yes |
4 |
|
3/7/2023 |
Series A - II |
|||||
3/7/2023 |
Series B |
Date |
4/19/2023 |
3/21/2023 |
3/13/2023 |
3/7/2023 |
3/7/2023 |
---|---|---|---|---|---|
Round |
Series A |
Unattributed VC - II |
Seed VC |
Series A - II |
Series B |
Company |
Karate Combat |
CCP Games |
Jungle |
||
Amount |
$18M |
$40M |
$6M |
||
New? |
Yes |
Yes |
Yes |
||
Co-Investors |
Alpha Wave Global,BITKRAFT Esports Ventures,Delphi Digital,HashKey Capital,Lattice Capital,M13,RooxieXBT,圣地亚哥R桑托斯,The Operating Group,andUndisclosed Investors |
Andreessen Horowitz,BITKRAFT Esports Ventures,Hashed,Kingsway Capital Partners,Makers Fund,NEXON,andUndisclosed Investors |
|||
Sources |
2 |
3 |
4 |
BITKRAFT Esports VenturesPortfolio Exits
4 Portfolio Exits
BITKRAFT Esports Ventureshas4portfolioexits. Their latest portfolio exit wasWagr onApril 25, 2023.
Date |
Exit |
Companies |
Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.
|
Acquirer |
Sources |
---|---|---|---|---|---|
4/25/2023 |
Acquired |
5 |
|||
BITKRAFT Esports VenturesFund History
6 Fund Histories
BITKRAFT Esports Ventureshas6 funds, includingBITKRAFT Esports Ventures Fund I.
Closing Date |
Fund |
Fund Type |
Status |
Amount |
Sources |
---|---|---|---|---|---|
8/27/2020 |
BITKRAFT Esports Ventures Fund I |
|
|
$165M |
5 |
2/20/2020 |
Bitkraft Fund III |
||||
4/27/2017 |
Bitkraft I |
||||
|
BITKRAFT Ventures Fund II |
||||
|
BITKRAFT Ventures Opportunity Fund I |
Closing Date |
8/27/2020 |
2/20/2020 |
4/27/2017 |
|
|
---|---|---|---|---|---|
Fund |
BITKRAFT Esports Ventures Fund I |
Bitkraft Fund III |
Bitkraft I |
BITKRAFT Ventures Fund II |
BITKRAFT Ventures Opportunity Fund I |
Fund Type |
|
||||
Status |
|
||||
Amount |
$165M |
||||
Sources |
5 |
BITKRAFT Esports Ventures Partners & Customers
3 Partners and customers
BITKRAFT Esports Ventures has3 strategic partners and customers.BITKRAFT Esports Ventures recently partnered withTerraformationonMarch 3, 2022.
Date |
Type |
Business Partner |
Country |
News Snippet |
Sources |
---|---|---|---|---|---|
3/28/2022 |
Partner |
United States |
BITKRAFT Ventures Partners With Terraformation, a Forest Tech Company, to Support Reforestation. Waimea , Hawaii -LRB- March 28 , 2022 -RRB- -- BITKRAFT , an investment platform for gaming and interactive media , and Terraformation , a tech-accelerated forestry company , announced a reforestation partnership focused on the restoration of biodiverse forests and seed banking . |
1 |
|
4/29/2021 |
Partner |
||||
6/4/2019 |
Partner |
Date |
3/28/2022 |
4/29/2021 |
6/4/2019 |
---|---|---|---|
Type |
Partner |
Partner |
Partner |
Business Partner |
|||
Country |
United States |
||
News Snippet |
BITKRAFT Ventures Partners With Terraformation, a Forest Tech Company, to Support Reforestation. Waimea , Hawaii -LRB- March 28 , 2022 -RRB- -- BITKRAFT , an investment platform for gaming and interactive media , and Terraformation , a tech-accelerated forestry company , announced a reforestation partnership focused on the restoration of biodiverse forests and seed banking . |
||
Sources |
1 |
BITKRAFT Esports VenturesTeam
5 Team Members
BITKRAFT Esports Ventureshas5 team members,includingcurrent Chief Financial Officer, Martin Garcia.
Name |
Work History |
Title |
Status |
---|---|---|---|
Martin Garcia |
Chief Financial Officer |
Current |
|
Name |
Martin Garcia |
||||
---|---|---|---|---|---|
Work History |
|||||
Title |
Chief Financial Officer |
||||
Status |
Current |
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