Hiro Capital

Hiro Capital is a venture capital firm established in 2019, with offices in London and Luxembourg. The firm focuses on investing in innovators within the gaming, esports, and digital sports sectors, targeting early-stage companies at the post-seed Series A and B funding stages. Hiro Capital seeks opportunities in both front-end content creators and deep technology applications related to cloud computing, mobile platforms, streaming, big data, artificial intelligence, wearables, augmented reality, and virtual reality. The firm aims to support a diverse range of information technology and service innovators within these industries, primarily within Europe and the UK.

Luke Alvarez

Founder, General Partner

Samuel Costello

Principal

Past deals in Video Games

Meeple Corp

Pre Seed Round in 2025
Meeple Corp is a digital board game developer dedicated to transforming classic tabletop games into captivating digital experiences.

FRVR

Venture Round in 2024
FRVR Limited is a Malta-based company that specializes in the development and distribution of online computer games. The company operates an instant gaming distribution platform that connects billions of players with engaging games, aiming to democratize access to gaming content. By collaborating with innovative partners, FRVR delivers both expertise and technology to enhance game distribution beyond traditional app stores. The company also works closely with game developers and studios to create captivating games that can be enjoyed across various platforms, including chat applications and social media. Through its efforts, FRVR seeks to adapt to the evolving landscape of gaming and entertainment, ensuring that users can easily access and engage with its offerings.

Loric Games

Seed Round in 2024
Loric Games operates as a gaming studio that offers players story-driven experiences. The company aims to inspire players that seek adventure within fantastical worlds that are brought to life through shared story-driven experiences.

Noodle Cat

Series A in 2023
Noodle Cat is an independent game studio on a mission to change the current standard of game development. The Noodle Cat team is committed to learning, collaborating, and pushing boundaries in a healthy, flexible working environment.

Telltale Games

Series A in 2023
Telltale is the first and only digital publisher to release interactive episodic content on a monthly schedule. Their award-winning internal development studio is responsible for creating landmark episodic content, including Tales of Monkey Island, the Sam & Max series, Strong Bad's Cool Game for Attractive People, and Wallace & Gromit's Grand Adventure. Telltale currently develops and publishes episodic series on PC, Wii™, and Xbox 360™, with plans to expand to additional platforms and channels this year.

Atom Switch

Venture Round in 2022
Atom Switch, Inc. is an independent game development studio focused on creating engaging gameplay and compelling storytelling. The company specializes in the survival genre and develops strategy and role-playing games that cater to a wide range of platforms, including mobile devices and desktop applications. Atom Switch aims to foster player loyalty and drive sales through the quality of its games, rather than relying on micro-transactions and monetization strategies.

Machinations

Series A in 2022
Machinations is a browser-based platform focused on designing, balancing, and simulating game systems. It provides game development studios with tools to create complex gameplay systems using a turn-complete language presented through interactive diagrams. The platform integrates both machine and human analysis, facilitating visualization to enhance the game design process. By enabling clients to run multiple stochastic simulations, Machinations helps reduce uncertainty and predict player outcomes, allowing for more informed decision-making in game development.

Firestoke

Seed Round in 2022
Firestoke is a publisher specializing in indie games for PC and console platforms. The company aims to create fun, energetic, and playful gaming experiences that are compact and accessible. By blending creative design with data-driven insights, Firestoke focuses on delivering games that promote positive gameplay, catering to a wide audience, including players of all ages.

Skybound

Venture Round in 2022
Skybound, LLC is a multifaceted entertainment company based in Los Angeles, California, that develops, produces, and distributes a diverse range of content including television shows, films, merchandise, comics, and games. Founded in 2010 by Robert Kirkman, Skybound is known for publishing popular comic book titles such as The Walking Dead and Invincible, along with other series like Super Dinosaur and Thief of Thieves. The company also engages in online and virtual reality gaming, as well as tabletop gaming, providing a wide array of interactive entertainment. In addition to its publishing and gaming ventures, Skybound hosts entertainment events and sells its merchandise, including hats, through online platforms, thereby enhancing its reach in the entertainment industry.

aXiomatic

Venture Round in 2022
AXiomatic powers unforgettable esports experiences through sports and entertainment expertise. Its mission is to build a portfolio of dynamic company holdings in the esports and video gaming industry. Through strategic partnerships, investments, and acquisitions, the team connects esports groups with valuable resources including venues, technologies, media content, distribution partners, and investment capital. The company was founded in 2015 and is headquartered in Los Angeles, California.

FRVR

Series A in 2022
FRVR Limited is a Malta-based company that specializes in the development and distribution of online computer games. The company operates an instant gaming distribution platform that connects billions of players with engaging games, aiming to democratize access to gaming content. By collaborating with innovative partners, FRVR delivers both expertise and technology to enhance game distribution beyond traditional app stores. The company also works closely with game developers and studios to create captivating games that can be enjoyed across various platforms, including chat applications and social media. Through its efforts, FRVR seeks to adapt to the evolving landscape of gaming and entertainment, ensuring that users can easily access and engage with its offerings.

Loco

Series A in 2022
Loco is an Indian game streaming platform that focuses on creating multiplayer social communities for gamers. It allows users to connect with the public through live streams and arcade games, providing a space for players to showcase their skills. The platform is designed to enhance the gaming experience by enabling interaction with audiences and offering gameplay rewards, thereby maximizing engagement within the global gaming industry.

Frameplay

Series A in 2021
Frameplay is a leading provider of in-game advertising services tailored for the video game industry. The company specializes in intrinsic advertising, allowing brands to seamlessly integrate advertisements within video game environments. Frameplay offers a transparent, self-serve platform that prioritizes a gamer-first experience, granting advertisers creative control over ad placements to ensure alignment with the game's vision. This approach not only enhances the gaming experience but also enables game developers to generate significant revenue while concentrating on game development. Additionally, Frameplay provides sophisticated data and analytics, facilitating effective connections between advertisers and gamers across the globe.

DreamCraft

Series A in 2021
DreamCraft is a platform that allows anyone to create, publish and monetize games without programming or art skills.

Keen Games

Series B in 2021
Keen Games is an independent game development studio focused on creating innovative sandbox gaming experiences. The company is known for developing engaging titles such as Portal Knights, Olympus Rising, Sacred 3, and Royal Revolt 2. Keen Games designs games that offer diverse gameplay options, allowing players to level up characters, craft powerful gear, engage in real-time tactical combat, explore expansive maps, and complete tasks. This approach aims to provide players with immersive and enjoyable experiences across various gaming platforms. For further inquiries, contact information can be found on their website.

Loco

Seed Round in 2021
Loco is an Indian game streaming platform that focuses on creating multiplayer social communities for gamers. It allows users to connect with the public through live streams and arcade games, providing a space for players to showcase their skills. The platform is designed to enhance the gaming experience by enabling interaction with audiences and offering gameplay rewards, thereby maximizing engagement within the global gaming industry.

Double Loop Games

Series A in 2021
Double Loop Games is a mobile studio dedicated to making delightful, relaxing experiences for the biggest audience in games.

Twin Suns

Seed Round in 2021
Twin Suns Corp is a video game studio developing action games for console and PC. The company creates video games with its AAA class platform title, which will debut with an original game franchise, providing players around the world with creative and unexpected experiences. Tim Longo, Forest Swartout, and Jeff Morris co-founded the company.

Snow Print Studios

Venture Round in 2021
Snowprint Studios is a game development company based in Stockholm, Sweden, founded in 2015. Comprising veterans from notable companies like King, DICE, Rovio, and Zynga, the studio specializes in creating mobile mid-core free-to-play games. Their flagship title, Legend of Solgard, exemplifies their commitment to blending innovative gameplay mechanics with appealing aesthetics and characters. By leveraging their extensive industry experience, Snowprint Studios aims to enhance the gaming experience for everyday mobile gamers, making deeper and more engaging gameplay accessible to a wider audience.

Double Loop Games

Venture Round in 2021
Double Loop Games is a mobile studio dedicated to making delightful, relaxing experiences for the biggest audience in games.

Lightfox Games

Seed Round in 2020
Lightfox Games, Inc. is a Seattle-based company that specializes in designing and developing multiplayer mobile game applications. Founded in 2019, Lightfox aims to create engaging gaming experiences that foster social connections among players, promoting strong bonds between friends and new acquaintances. The company's games are developed collaboratively, incorporating the talents of various amateur game developers, and are designed to inspire a new generation of mobile gamers. By focusing on socially connected gameplay, Lightfox seeks to elevate the standards of mobile gaming and enhance the overall experience for its users.

Edgegap

Seed Round in 2019
Edgegap is a software development company focused on edge computing infrastructures, particularly for the gaming industry. It specializes in creating solutions that help gaming companies combat lag and reduce latency, thereby enhancing the overall player experience. By leveraging edge computing technology, Edgegap simplifies the management of multiple locations, allowing gaming companies to offload operational complexities and reduce costs. Its innovative approach enables the monetization of various use cases within the gaming sector, positioning Edgegap as a key player in improving game performance and user satisfaction.

Flavourworks

Series A in 2019
Flavourworks is a computer entertainment in order to bring unique and innovative experiences to broad audiences.
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