WePlay Ventures Invested in 11 Game Studios!

Turkey's first gaming industry-focused investment company WePlay Ventures, which started its operations in the third quarter of 2020, shared its summary of 2021. According to the data, WePlay Ventures has increased its portfolio to 11 studios by investing in startups that develop games for mobile, PC and console platforms in 2021.

WePlay Ventures started its operations in 2020. And it continues to maintain the successful momentum it has achieved while leaving 2021 behind. The investment company has conducted interviews with more than 600 studios by examining more than 1530 game initiatives in 1 year. It managed to increase its portfolio to 11 studios with 8 new investments it made in 2021.

The companies invested by Weplay Ventures are as follows:

Investment Distribution of WePlay Ventures

WePlay Ventures announced that they aim to distribute their portfolio in a balanced manner across Mobile, PC and Console platforms. It was also announced that 60 percent of their investments so far for studios that develop games for mobile and 40 percent of their investments for PC and Console platforms. By 2022, the company aims to expand its investment area in the Eastern Europe and Central Asia region and become the leading investment company in this region.

To the companies in which it is an investor; it enables them to grow much faster and become one of the important players in the global game market. It provides those by supporting them in issues such as strategy, finance and business development from the early stage.

In this direction, the game studios invested by WePlay Ventures have grown more than 4 times in 1 year. Also it managed to increase their total valuation to $ 74 Million. Game studios, which have more than 190 teammates, have developed more than 220 games in total, 11 of which are PC and Console.