Tencent Holdings

Tencent Holdings Limited, founded in 1998 and headquartered in Shenzhen, China, is a leading internet service provider that offers a wide range of value-added services and online advertising. The company's diverse portfolio includes popular platforms such as WeChat and QQ, which facilitate communication, entertainment, and e-commerce for millions of users. Tencent is recognized as the world's largest video game publisher, with flagship titles like Honor of Kings contributing significantly to its revenue. In addition to gaming and social networking, Tencent provides financial technology and cloud services, as well as invests in and produces films and television programs. The firm also engages in various technology-related services, including software development and information system integration. Tencent plays a vital role in the global venture capital landscape, holding substantial stakes in several prominent tech companies. Its user-centric approach and comprehensive service offerings position Tencent as a key player in the internet ecosystem both in China and internationally.

Charles Chen

Co-Founder

Michael Cheung

Senior Director

Ben Feder

President, International Partnerships (North America)

Kyle Kurpinski

Investor

Jeffrey Li

Managing Partner

Alvin Liu

Co-Founder

Shengyi Liu

Senior Executive Vice President

Steven Ma

SVP

James Mitchell

Chief Strategy Officer and Senior Executive Vice President

David Wallerstein

Chief eXploration Officer and Senior Executive Vice President

Yao Xia

Executive Director

Chenye Xu

Co-Founder and Chief Information Officer

Levin Yao

Managing Director, Tencent Investment

Tony Zhang

Co-Founder

Wenlei Zhuang

Vice President of Tencent Cloud and Head of Tencent Cloud Strategic Investment

Past deals in Gaming

Kukua

Series A in 2022
Kukua is an edutainment company based in San Francisco, California, founded in 2014. It specializes in designing and developing mobile game applications aimed at children aged 5 to 10 years. Under the brand name SEMA, Kukua creates engaging learning experiences that combine entertainment and education, focusing on essential skills such as reading, writing, and math. The company is known for its Super Sema franchise, which includes animated series, games, and toys featuring proprietary characters. By utilizing smartphones and electronic devices, Kukua aims to empower children through game-based learning, enabling them to dream, imagine, and acquire new skills in an enjoyable format.

Novarama

Corporate Round in 2022
Novarama is an independent game development studio based in Barcelona, Spain, focused on creating innovative electronic entertainment for wide audiences. With a founding team that possesses over 50 years of combined experience in the industry, the studio specializes in developing video games, including augmented reality applications, digital goods, and transmedia content, as well as session-based massively multiplayer online games (MMOs). Novarama aims to push the boundaries of gaming through creativity and technology, delivering engaging experiences across various platforms.

RiffRaff Games

Corporate Round in 2022
RiffRaff Games is a gaming studio currently working on two titles, including a third-person stealth action game.

Immutable

Series C in 2022
Immutable Pty Ltd, founded in 2018 and based in Sydney, Australia, specializes in developing video games that leverage blockchain technology. The company focuses on creating scalable infrastructure that enhances in-game economies, promoting transparency and enabling player ownership of in-game assets. Immutable provides tools and services that allow players the freedom to trade and build their gaming experiences. Originally known as Fuel Games Pty Ltd, the company emphasizes empowering players by returning control over digital assets to them.

Offworld Industries

Corporate Round in 2022
Operator of game development and publishing studio intended to create create compelling gaming experiences and build an ecosystem of like minded developments studios. The company is engaged in the development of first person shooter games for PC platforms, enabling gamers to have a real battlefield experience.

Moore Threads

Series A in 2021
Moore Threads specializes in the development of graphics processing unit (GPU) technology, catering to a diverse range of sectors including gaming, creative industries, and artificial intelligence. The company provides GPU solutions and services designed to support visual computing and high-performance computing applications. Its offerings are tailored for various environments such as data centers, edge computing servers, professional workstations, and high-performance personal computers. By focusing on enabling clients to execute demanding computational processes, Moore Threads positions itself as a key player in the GPU technology landscape.

Playtonic Games

Venture Round in 2021
Playtonic Games is an independent video game developer established by a team of experienced designers known for their work on classic platform games such as Donkey Kong Country and Banjo-Kazooie. The company focuses on creating enjoyable games for both new and veteran audiences, utilizing 3D technology to enhance the gaming experience. By leveraging nostalgia and innovative design, Playtonic Games aims to deliver engaging and memorable gaming experiences across multiple platforms.

Mod.io

Series A in 2021
mod.io Pty Ltd, founded in 2018 and based in Melbourne, Australia, provides a cross-platform and store-agnostic modding solution for game developers. The company specializes in enabling user-generated content (UGC) through its software development kits (SDK) and comprehensive documentation. Its clientless application programming interface (API) allows developers to efficiently harness player creativity, facilitating the creation and sharing of content and modifications. Additionally, mod.io offers tools for setting up and managing marketplaces for UGC, thereby enhancing the gaming experience and fostering a vibrant community of creators.

Keen Games

Series B in 2021
Operator of a game development studio intended to create new sandbox gaming experiences. The company develops innovative and creative sandbox games that offer diverse gameplay options such as leveling up characters and crafting powerful gear to defeat enemies in real-time tactical combat, exploring the map, and completing tasks, enabling players to have a fun and immersive gaming experience.

Stunlock Studios

Acquisition in 2021
Stunlock Studios AB, founded in 2010 and based in Skövde, Sweden, specializes in the development of multiplayer arena games, notably Bloodline Champions. The studio was established by a group of game development students passionate about competitive gaming. With a team of 25 skilled developers, Stunlock Studios emphasizes creativity and collaboration, fostering an environment where open communication and diverse perspectives are valued. The studio focuses on creating community-driven games that blend classic gameplay simplicity with innovative mechanics, aiming to provide players with engaging and challenging experiences. The company's commitment to team well-being is reflected in their regular group activities, promoting a healthy work-life balance.

Sumo Group

Acquisition in 2021
Sumo Digital is one of the independent developers of AAA-rated video games, providing both turnkey and co-development solutions to an international blue-chip client base. Carl Cavers and Paul Porter founded Sumo Group plc in Sheffield, Sheffield in 2003.

Gaana

Debt Financing in 2021
Gaana is an Indian music streaming platform that operates under Gamma Gaana Ltd., a subsidiary of Times Internet Limited. Founded in 2011 and headquartered in Noida, India, Gaana claims to be the largest music broadcasting service in the country. The platform provides users with free, unlimited, and legal access to a vast library of music, including popular Bollywood, Hindi, regional, and international tracks. By offering a user-friendly mobile app and website, Gaana aims to enhance the way users discover and enjoy music, catering to a diverse audience through innovative features and culturally rich content.

YAGER

Acquisition in 2021
YAGER is an independent developer specializing in computer and video games. The company is dedicated to creating immersive and engaging gaming experiences, primarily focusing on imaginative story-driven third-person games. YAGER's titles are designed for platforms such as PlayStation 4, Xbox One, and PC, utilizing the Unreal Engine 4 to enhance gameplay quality. By emphasizing creativity and narrative depth, YAGER aims to resonate with gaming enthusiasts and provide them with meaningful interactions in their gaming journeys.

Bad Robot Games

Series B in 2021
Operator of an entertainment company intended to tell stories and build worlds through games and movies. The company blends artists, areas of expertise, and perspectives across industries and unites games industry veterans with the extensive network of Hollywood talent in film, TV, animation, and more to create expansive worlds across multiple storytelling mediums, providing customers with the access to gaming destinations, animations, and motion films across all platforms that are as fun to watch as they are to play.

Archosaur Games

Post in 2021
Archosaur Games Inc., an investment holding company, engages in the development and operation of mobile games in the People’s Republic of China and internationally. The company operates Development and Licensing, and Integrated Game Publishing and Operation segments. It primarily focuses on the development of massively multiplayer online role-playing games. The company was founded in 1997 and is headquartered in Beijing, the People's Republic of China.

Qingci Games

Venture Round in 2021
Qingci Games Inc is a integrated mobile game developer and publisher in China. It offers mobile games that are designed to provide captivating content as well as distinctive and engaging gameplay experiences to players in mainland China and overseas.

Ubitus

Venture Round in 2021
Ubitus Inc. provides a software platform for fixed-mobile convergence applications. The company develops cloud computing solutions for device manufacturers, wireless/wire line communication service providers, and telecommunication network operators to advance consumer adoption of services relevant to sharing live content among friends and access to digital media. Its products include ubiLive, a software client and PC/mobile web portal for accessing online content, connecting devices, linking people, and sharing aspects; and commercial mobile cloud gaming services. The company has a strategic partnership with Alibaba Cloud and a strategic business alliance with Kokusai Kogyo Co. Ltd. The company was founded in 2007 and is based in Taipei, Taiwan with additional offices in Guangzhou, China; and Seoul, Korea.

Bohemia Interactive

Corporate Round in 2021
Pushing the aspects of simulation and freedom, Bohemia Interactive has built up a diverse portfolio of products, which includes the popular Arma® and Take On® series, DayZ®, and various other kinds of proprietary software. With its high-profile intellectual properties, multiple development teams across several locations, and its own motion capturing and sound recording studio, Bohemia Interactive has grown in 15 years to be a key player in the PC game entertainment industry.

Klei Entertainment

Acquisition in 2021
Klei was built because they want to build games that they care about. When talented, creative people can work toward that goal, amazing things happen. They can create an endearing off-the-wall puzzle game. They can redefine what an oldschool beat-em-up is. They can create products that live up to your childhood memories of your coolest games. Klei is located in Vancouver, British Columbia and has developed and published games for a bunch of different platforms. If you’d like to know more about their history and studio culture, the website Polygon spent a week with us and created this fantastic video and article: “The Birth and Re-Birth of Klei.”

Mundfish

Series A in 2021
Mundfish is a game development company based in Moscow, Russia, specializing in the creation and publication of online, PC, and video first-person shooter games. The company focuses on developing action RPG games that emphasize originality and uniqueness, providing gamers with engaging experiences set in alternate universes. Its platform offers adventure-based first-person shooting games that are compatible with computers and various gaming consoles, catering to a diverse audience of gaming enthusiasts.

Quell

Seed Round in 2020
Quell, Inc. is a San Francisco-based company founded in 2020 that specializes in developing an immersive fitness gaming platform. The platform combines gaming with physical exercise, allowing users to engage in high-intensity, resistance-based workouts while navigating a fantasy world. By utilizing smart resistance bands and built-in sensor gauntlets, Quell provides an innovative way for players to achieve their fitness goals through combat-style gameplay. The company offers a subscription model to keep its content fresh, positioning itself as a unique blend of fitness and gaming, akin to the concept of "Peloton meets gaming." Quell aims to make fitness engaging and accessible from the comfort of home.

Wizard Games

Venture Round in 2020
Wizard Games high-tech entrepreneurial game company in China.

Lockwood

Series A in 2020
Lockwood Publishing Limited, founded in 2007 and based in Nottingham, United Kingdom, specializes in developing and publishing social and mobile games. The company is known for its flagship product, vKin Life, a 3D virtual world where users can create personalized avatars, customize their environments, and engage with a large online community. Lockwood focuses on cross-platform development, catering to various devices including PlayStation, iOS, Google Play, Amazon, and web platforms. The company emphasizes user interaction and aims to enhance gaming experiences by enabling players to connect, form friendships, and enjoy fun and intuitive mobile gaming.

VSPN

Series B in 2020
VSPN is an internet sports and cultural media company that focuses its business on e-sports. It provides core marketing and entertainment content operations as its core business, providing brand marketing, artist brokerage, e-sports TV, and e-sports venues. Founded in 2015, Quantum Sports VSPN (Versus Programming Network) and is based in Shanghai, China.

10 Chambers

Acquisition in 2020
10 Chambers Collective is a Swedish game developer based in Stockholm, specializing in online video games. The company is known for creating a collaborative first-person shooter (FPS) game designed for four players, emphasizing elements of excitement, horror, and atmospheric gameplay.

Gaana

Debt Financing in 2020
Gaana is an Indian music streaming platform that operates under Gamma Gaana Ltd., a subsidiary of Times Internet Limited. Founded in 2011 and headquartered in Noida, India, Gaana claims to be the largest music broadcasting service in the country. The platform provides users with free, unlimited, and legal access to a vast library of music, including popular Bollywood, Hindi, regional, and international tracks. By offering a user-friendly mobile app and website, Gaana aims to enhance the way users discover and enjoy music, catering to a diverse audience through innovative features and culturally rich content.

Leyou Technologies Holdings

Acquisition in 2020
Leyou Technologies Holdings Limited engages in the online game operation and retail game development activities in the People’s Republic of China, Canada, the United Kingdom, and the United States. It primarily develops and publishes Warframe, a free-to-play science fiction-themed multiplayer third-person action game available on personal computer and consoles. The company also provides work-for-hire studio services; and sells merchandise goods. In addition, it offers marketing support, online, and consultancy and back-end technology services; holds properties; and engages in the development, operation, and management of online games, as well as development of computer software. The company was formerly known as Sumpo Food Holdings Limited and changed its name to Leyou Technologies Holdings Limited in January 2015. Leyou Technologies Holdings Limited was founded in 1998 and is headquartered in Admiralty, Hong Kong. As of December 21, 2020, Leyou Technologies Holdings Limited operates as a subsidiary of Image Frame Investment (HK) Limited.

Voodoo

Venture Round in 2020
Voodoo is a prominent developer and publisher of mobile games, specializing in casual gaming experiences. With a significant presence in the mobile gaming market, Voodoo ranks among the top companies globally in terms of daily downloads on the App Store, attracting over 150 million monthly users. The company gained notable success with popular titles such as Paper.io, Snake VS Block, Flappy Dunk, and Helix Jump, contributing to an impressive total of 300 million downloads in 2017. Voodoo is committed to continuous improvement and sharing best practices within its operations, fostering a culture that emphasizes excellence in game development and talent acquisition.

Marvelous

Post in 2020
Marvelous Inc. produces and provides entertainment content in Japan. The company engages in the planning, development, and operation of online games for App stores, Google Play, and SNS platforms, as well as online games for PCs, mobiles, smartphones, tablets, etc.; planning, development, production, and sells of game software for home game consoles; production of content for market needs; and planning, development, operation, and sale of amusement enclosures. It also produces animation products; creates, commercializes, and distributes music and video content; and plans and produces stage-based and musical works based on comics, animation, and games, as well as provides theater entertainment. Marvelous Inc. was founded in 1997 and is headquartered in Tokyo, Japan.

Xigua City

Series B in 2020
Xigua City is an online education platform focused on teaching computer programming to children aged 5 to 12. Founded in 2013 and headquartered in Hangzhou, China, the platform employs experienced program developers to create engaging and interactive coding curricula. Xigua City aims to foster children's interest in coding through gamified projects and intuitive teaching methods. The company has introduced the X Plan strategy, which leverages AI and big data to enhance curriculum development, improve teaching services, and refine the learning experience. This strategy includes the advancement of the LEAP curriculum system and learning evaluations, as well as the upgrade of the teaching intelligent assistant system to build an active learning community.

Huya

Post in 2020
Huya Inc. operates a leading game live streaming platform in China, facilitating interactive broadcasts that allow real-time interaction between broadcasters and viewers. Founded in 2011 and headquartered in Guangzhou, Huya provides a diverse array of live streaming content, encompassing a vast library of approximately 3,800 games across various genres, including esports, mobile, and console games, as well as entertainment categories like talent shows and online theater. Additionally, Huya runs Nimo TV, which focuses on game streaming in Southeast Asia and Latin America. The company also engages in online advertising, marketing services, software development, and internet value-added services. As a subsidiary of Tencent, Huya benefits from the support of one of the largest technology companies in China, with Tencent holding a significant equity stake and voting power.

Roblox

Series G in 2020
Roblox is an online gaming and entertainment platform that enables users to create and share immersive digital experiences. Founded in 2004 by David Baszucki and Erik Cassel, and headquartered in San Mateo, California, Roblox allows players to imagine, create, and interact within a vast array of 3D environments designed by a global community of developers using Roblox Studio. The platform attracts millions of users daily, particularly those under 18, who engage in play, learning, and socialization. Its popularity is largely fueled by word-of-mouth recommendations, reflecting the strong community-driven nature of the platform. With multiple office locations, Roblox continues to evolve as a hub for creativity and connection among players worldwide.

YAGER

Funding Round in 2020
YAGER is an independent developer specializing in computer and video games. The company is dedicated to creating immersive and engaging gaming experiences, primarily focusing on imaginative story-driven third-person games. YAGER's titles are designed for platforms such as PlayStation 4, Xbox One, and PC, utilizing the Unreal Engine 4 to enhance gameplay quality. By emphasizing creativity and narrative depth, YAGER aims to resonate with gaming enthusiasts and provide them with meaningful interactions in their gaming journeys.

PlatinumGames

Corporate Round in 2020
Platinumgames Inc. engages in the production of home video games, online games, and online downloadable content on various platforms, including PS4, PS3, Nintendo Switch, Wii U, Wii, DS, Xbox One, Xbox 360, and PC. The company was founded in 2006 and is based in Osaka, Japan.

Bunch

Seed Round in 2019
Bunch Live, Inc. develops Bunch, a party application that enables users to engage in multiplayer games while participating in group video chats. Founded in 2017 and headquartered in New York City, the platform facilitates game discovery, play, and sharing among friends. Additionally, it offers integration options for developers, allowing them to incorporate Bunch's functionalities into their own games, enhancing the social gaming experience. Through its innovative approach, Bunch has established itself as a leader in combining gaming and social interaction.

Sumo Group

Post in 2019
Sumo Digital is one of the independent developers of AAA-rated video games, providing both turnkey and co-development solutions to an international blue-chip client base. Carl Cavers and Paul Porter founded Sumo Group plc in Sheffield, Sheffield in 2003.

Funcom

Post in 2019
Funcom is a video game development and publishing company known for creating massively multiplayer online games and other interactive experiences. Founded in 1993, the company is headquartered in Badhoevedorp, the Netherlands, with additional offices in the United States, China, Switzerland, and Canada. Funcom offers a diverse portfolio of approximately 30 game titles, including popular titles such as Age of Conan, Anarchy Online, Conan Exiles, and The Secret World. The company's games are available on multiple platforms, including PC and major consoles like PlayStation, Xbox, and Nintendo Switch. In addition to its own game development, Funcom also provides services to third-party developers. As of 2020, Funcom operates as a subsidiary of Tencent Cloud Europe B.V.

Crossingstar Studio

Series A in 2019
Crossingstar Studio is a media and entertainment company based in Hangzhou, China, founded in 2016. The studio specializes in the production of comics, novels, and mobile games. It collaborates with authors and game designers to transform their concepts into fully developed works, which are then hosted on external platforms. In addition to its partnership efforts, Crossingstar Studio also creates and publishes original comics content in-house, contributing to the vibrant landscape of digital media in China.

Antstream

Series A in 2019
Antstream Arcade is a retro games streaming platform that offers over 1000 games for players to enjoy the old classics. Arcade, console or computer games can be played on online and across most devices. Enjoy the games in their original state or with a modern twist with our unique social challenges. Rise to the top of our global leaderboards, earn gems and bragging rights. Be the retro gaming champion on Antstream!

Sharkmob

Acquisition in 2019
Sharkmob AB develops video games. The company was founded in 2017 and is based in Malmö, Sweden. As of May 21, 2019, Sharkmob AB operates as a subsidiary of Tencent Holdings Limited.

Xiaoxiang Huyu

Series A in 2019
Xiaoxiang Huyu focuses on game-streaming and hosting content from internet celebrities

Sea

Post in 2019
Sea Limited is an internet platform company headquartered in Singapore, primarily focused on the Greater Southeast Asia region, including countries like Indonesia, Vietnam, and Thailand. Founded in 2009, Sea operates three main business segments: digital entertainment, e-commerce, and digital financial services. Its Garena platform offers access to a wide range of mobile and PC online games, eSports operations, and various entertainment content, fostering a vibrant community through features like livestreaming and user forums. The Shopee platform serves as a mobile-centric e-commerce marketplace, providing integrated payment and logistics solutions to sellers. Additionally, SeaMoney delivers digital financial services, including e-wallets and payment processing, enhancing financial accessibility for individuals and businesses. Sea's mission is to improve the lives of consumers and small businesses in its region through technology, reflecting its commitment to connect users and promote growth in Southeast Asia.

Fatshark

Private Equity Round in 2019
Fatshark is an independent Swedish game development studio.

Discord

Series F in 2018
Discord is a communication platform that provides voice, video, and text services, allowing users to connect and interact with friends and communities. Initially designed for gamers, it has expanded its appeal to various groups, including hobbyists, study groups, and local clubs. Founded in 2012 and headquartered in San Francisco, California, Discord enables seamless communication through its instant messaging and digital distribution features, which are accessible on both desktops and mobile devices. The platform supports voice-over-internet protocol and texting, facilitating regular interaction without compromising performance during gaming or other activities.

Crossingstar Studio

Series A in 2018
Crossingstar Studio is a media and entertainment company based in Hangzhou, China, founded in 2016. The studio specializes in the production of comics, novels, and mobile games. It collaborates with authors and game designers to transform their concepts into fully developed works, which are then hosted on external platforms. In addition to its partnership efforts, Crossingstar Studio also creates and publishes original comics content in-house, contributing to the vibrant landscape of digital media in China.

Bilibili

Post in 2018
Bilibili Inc. is an online entertainment platform based in Shanghai, China, catering primarily to the younger generation. Founded in 2009, the company has evolved from a niche content community focused on anime, comics, and games (ACG) into a comprehensive entertainment hub that offers a diverse range of media formats, including videos, live broadcasts, and mobile games. Bilibili emphasizes high-quality content and aims to create immersive experiences that foster strong emotional connections among its users. The platform features a unique interactive playback system that allows for real-time subtitle overlays, enhancing user engagement. Additionally, Bilibili has established a strategic collaboration with Tencent for the sharing and operation of anime and games, further expanding its content offerings and reach within the Chinese market.

Dream11

Series D in 2018
Dream11 is India's largest fantasy sports platform, boasting over 100 million users who engage with various sports, including cricket, football, kabaddi, basketball, hockey, volleyball, handball, futsal, rugby, and baseball. As a homegrown brand, Dream11 allows sports enthusiasts to create their own teams from real-life players based on upcoming matches, earning points from the players' on-field performances and competing with others. This interactive platform fosters active engagement and showcases users' sports knowledge. Dream11 is the flagship brand of Dream Sports, which also includes other ventures such as FanCode, a digital sports destination, DreamX, a sports accelerator, and DreamSetGo, a platform for sports experiences. Additionally, Dream11 holds the distinction of being the first fantasy sports platform globally to set a Guinness World Record.

1939

Seed Round in 2018
1939 Games ehf. is an indie game development studio based in Reykjavík, Iceland, founded in 2015 by former veterans of CCP. The company specializes in creating World War II-themed gaming experiences, with a primary focus on developing a digital collectible card game titled KARDS. This game integrates familiar elements from the card game genre while incorporating classic World War II themes, aiming to deliver an engaging and action-packed experience for players. By blending historical facts with gameplay, 1939 Games seeks to provide a unique role-playing experience that appeals to both card game enthusiasts and history buffs alike.

Krafton

Secondary Market in 2018
Krafton is a game developer for PC and mobile devices that focuses on fantasy games.

Chaping

Series A in 2018
A Media & Entertainment Company based in Hangzhou.

Grinding Gear Games

Acquisition in 2018
Grinding Gear Games is a developer of Path of Exile, a competitive online action RPG. Grinding Gear Games was founded in November 2006 in Auckland, New Zealand. Its founding members come from various countries and have a selection of diverse backgrounds ranging from artificial intelligence and software security to industrial design to professional tournament game play.

VSPN

Corporate Round in 2018
VSPN is an internet sports and cultural media company that focuses its business on e-sports. It provides core marketing and entertainment content operations as its core business, providing brand marketing, artist brokerage, e-sports TV, and e-sports venues. Founded in 2015, Quantum Sports VSPN (Versus Programming Network) and is based in Shanghai, China.

Haegin

Series A in 2018
Haegin Co., Ltd. is a mobile game development company founded in 2017 and located in Seoul, South Korea. The company focuses on creating casual and mid-core games, catering to a wide audience and emphasizing longevity in gameplay. By offering a diverse range of games, Haegin aims to provide engaging experiences for players, utilizing the cultural significance of traditional Korean concepts in its game design.

Rocketwerkz

Series A in 2018
Developer and provider of video games in Auckland, New Zealand.

Xiaoxiang Huyu

Seed Round in 2018
Xiaoxiang Huyu focuses on game-streaming and hosting content from internet celebrities

Discord

Series E in 2018
Discord is a communication platform that provides voice, video, and text services, allowing users to connect and interact with friends and communities. Initially designed for gamers, it has expanded its appeal to various groups, including hobbyists, study groups, and local clubs. Founded in 2012 and headquartered in San Francisco, California, Discord enables seamless communication through its instant messaging and digital distribution features, which are accessible on both desktops and mobile devices. The platform supports voice-over-internet protocol and texting, facilitating regular interaction without compromising performance during gaming or other activities.

Elephant Games

Seed Round in 2018
Online game and entertainment live streaming platform based in Shenzhen.

Ubisoft

Post in 2018
Ubisoft Entertainment SA, founded in 1986 by the Guillemot brothers, is a leading independent video game publisher headquartered in Montreuil, France. The company produces, publishes, and distributes video games for various platforms, including consoles, PCs, smartphones, and tablets, in both physical and digital formats globally. Ubisoft is known for its popular franchises, such as Assassin's Creed, Far Cry, Tom Clancy's Rainbow Six, and Just Dance. With a presence in 28 countries and sales in over 55 countries, Ubisoft employs a large network of developers across the world. The company also engages in online and mobile gaming and has ventured into the film business. Additionally, Ubisoft has a strategic partnership with Tencent, enhancing its reach and capabilities in the gaming market. Recently, Ubisoft has launched several high-profile titles, including Skull and Bones and Avatar: Frontiers of Pandora.

Huya

Series B in 2018
Huya Inc. operates a leading game live streaming platform in China, facilitating interactive broadcasts that allow real-time interaction between broadcasters and viewers. Founded in 2011 and headquartered in Guangzhou, Huya provides a diverse array of live streaming content, encompassing a vast library of approximately 3,800 games across various genres, including esports, mobile, and console games, as well as entertainment categories like talent shows and online theater. Additionally, Huya runs Nimo TV, which focuses on game streaming in Southeast Asia and Latin America. The company also engages in online advertising, marketing services, software development, and internet value-added services. As a subsidiary of Tencent, Huya benefits from the support of one of the largest technology companies in China, with Tencent holding a significant equity stake and voting power.

Douyu

Series E in 2018
Douyu TV is a live streaming media platform that provides live content such as games, sports, variety shows, entertainment, and more. The live-stream platform offers services like video-sharing for the students live broadcast, covers the main live game and sports as well as other live contents, enabling users to submit, view, and add commentary subtitles to videos of games, while incorporating content ranging from sports, variety shows, and entertainment. Zhang Wenming founded Douyu TV in 2013, with its headquarters in Wuhan in China.

Gaana

Corporate Round in 2018
Gaana is an Indian music streaming platform that operates under Gamma Gaana Ltd., a subsidiary of Times Internet Limited. Founded in 2011 and headquartered in Noida, India, Gaana claims to be the largest music broadcasting service in the country. The platform provides users with free, unlimited, and legal access to a vast library of music, including popular Bollywood, Hindi, regional, and international tracks. By offering a user-friendly mobile app and website, Gaana aims to enhance the way users discover and enjoy music, catering to a diverse audience through innovative features and culturally rich content.

Kakao Games

Corporate Round in 2018
Kakao Games Corporation operates a comprehensive online gaming service platform catering to a global audience. Established in 2013 and based in Seongnam, South Korea, the company develops and publishes a diverse range of games across mobile, PC, and virtual reality platforms. Its offerings include mobile game services such as Kakao and snack games, along with a mobile game play channel and an online game portal. Kakao Games enhances its market presence through partnerships with other game companies and focuses on strengthening its in-house development capabilities. As a subsidiary of Kakao Corp, the company plays a significant role in the global gaming industry.

Shanda Games

Corporate Round in 2018
Shanda Games Limited is an online game developer, operator, and publisher based in Shanghai, China, specializing in massively multiplayer online role-playing games (MMORPGs) and mobile games. The company distributes its products domestically and internationally, targeting a diverse user base. Shanda Games develops its titles in-house, collaborates with third-party developers, and licenses games from other creators, operating a robust network to support simultaneous play for hundreds of users. As of mid-2014, it managed 71 games, with a significant portion of its revenue derived from titles it owns or co-owns. The company is notable for adopting item-based revenue models for advanced casual and MMORPGs, and it has been expanding its reach into international markets, including Europe and Southeast Asia. Shanda Games has a substantial player base, boasting millions of active users across its platforms. Founded in 1999, the company continues to innovate and grow within the competitive online gaming industry.

GJS Robot

Series A in 2017
GJS Co., Ltd. is a Shenzhen-based company that specializes in the development and manufacturing of personalized fighting robots for one-on-one combat and gaming competitions. Established in 2015, GJS Robot offers products such as Ganker robots, which utilize servo motors and wheels for responsive movement, and GEIO robots, which feature infrared cameras and deep learning technology for environmental and facial recognition. The company's focus on integrating advanced technology into their robots aims to enhance the gaming experience and provide customizable options for clients in the robotics and gaming industries.

Krafton

Venture Round in 2017
Krafton is a game developer for PC and mobile devices that focuses on fantasy games.
Frontier Developments plc is a software technology company that specializes in the development and sale of video games for the interactive entertainment sector. Founded in 1994 by David Braben, the company is headquartered in Cambridge, UK, with an additional studio in Halifax, Canada. Frontier creates a diverse range of games across various genres and platforms, utilizing its proprietary Cobra technology along with industry-standard software to ensure high-quality gameplay and artistic design. The company has gained recognition for titles such as RollerCoaster Tycoon 3 and LostWinds. Frontier operates primarily through self-publishing and maintains long-term relationships with top publishers for broader distribution. With a team of over 200 skilled professionals, Frontier is committed to innovation in gaming and actively seeks to expand its workforce to support its diverse projects in the evolving technology landscape.

Ourpalm

Post in 2017
Ourpalm, established in 2004, is a prominent mobile game developer and operator based in China. The company focuses on the development, issuance, and operation of moving target games, leveraging its own technology for mobile game distribution. It has built a substantial network, collaborating with over 900 game promotion channels and more than 100 local and international game developers. Through these partnerships, Ourpalm has successfully expanded its game offerings into the Southeast Asian, American, and European markets. With a strong emphasis on innovation and quality, the company has positioned itself as a leader in the mobile gaming sector, ranking third among Chinese mobile game businesses.

Pocket Gems

Series B in 2017
Pocket Gems, Inc. is a mobile game developer based in San Francisco, California, established in 2009. The company specializes in creating free-to-play social games, which are distributed through major platforms such as Apple’s App Store, Google Play, and Amazon Appstore. With a focus on innovative and graphically rich gaming experiences, Pocket Gems has developed popular titles including Episode, a mobile storytelling network, and War Dragons, a 3D real-time strategy game. The company has garnered significant player engagement, with over 270 million downloads of its games worldwide. Supported by investors like Sequoia Capital and Tencent, Pocket Gems is committed to pushing the boundaries of mobile entertainment while fostering social connectivity among its users.

Bilibili

Series D in 2017
Bilibili Inc. is an online entertainment platform based in Shanghai, China, catering primarily to the younger generation. Founded in 2009, the company has evolved from a niche content community focused on anime, comics, and games (ACG) into a comprehensive entertainment hub that offers a diverse range of media formats, including videos, live broadcasts, and mobile games. Bilibili emphasizes high-quality content and aims to create immersive experiences that foster strong emotional connections among its users. The platform features a unique interactive playback system that allows for real-time subtitle overlays, enhancing user engagement. Additionally, Bilibili has established a strategic collaboration with Tencent for the sharing and operation of anime and games, further expanding its content offerings and reach within the Chinese market.

Seasun

Corporate Round in 2017
Seasun is recognized as China's first computer gaming studio, boasting over 20 years of experience in the gaming industry. The company specializes in developing online and mobile games, focusing on delivering high-quality and engaging experiences for players globally. Seasun's services encompass a comprehensive gaming studio that creates fun-filled games for various platforms, including iOS, Android, and personal computers. With a commitment to innovation and excellence, Seasun aims to maintain its position as a leader in the gaming sector.

Douyu

Series C in 2016
Douyu TV is a live streaming media platform that provides live content such as games, sports, variety shows, entertainment, and more. The live-stream platform offers services like video-sharing for the students live broadcast, covers the main live game and sports as well as other live contents, enabling users to submit, view, and add commentary subtitles to videos of games, while incorporating content ranging from sports, variety shows, and entertainment. Zhang Wenming founded Douyu TV in 2013, with its headquarters in Wuhan in China.

Supercell

Acquisition in 2016
Supercell, founded in 2012 and headquartered in Helsinki, Finland, focuses on creating innovative mobile games primarily for tablets and touch devices. The company operates with a unique structure that allows small, independent teams to develop games, fostering creativity and collaboration. Supercell is renowned for its popular titles, including Clash Royale, Boom Beach, Clash of Clans, and Hay Day, which cater to a broad audience across various age groups. The games are designed to be engaging and social, allowing players to interact with friends and earn rewards. With additional operations in San Francisco, Supercell has developed over 165 games across multiple platforms, emphasizing a commitment to crafting memorable gaming experiences that are enjoyed for years.

Paradox Interactive

Funding Round in 2016
Paradox Interactive is a Swedish company specializing in the development and publishing of PC-based strategy games. Known for its prominent strategy catalog, the company has established a strong presence in both the United States and Europe. Its portfolio includes several well-known franchises, such as Europa Universalis, Crusader Kings, Hearts of Iron, Stellaris, Cities: Skylines, and Magicka. Paradox Interactive also develops and publishes games through various platforms, including Steam, Apple, Google Play, and Sony stores, ensuring a wide global reach. The company not only focuses on its internal development but also engages in licensing agreements, notably with White Wolf's brands. Paradox Interactive continues to expand its offerings, aiming to enhance its reputation as a leading publisher in the gaming industry.

Kamcord

Series C in 2016
Kamcord is a social media platform based in San Francisco, California, that specializes in mobile game streaming. The company offers an online gaming platform that allows users to record and share video content of their gameplay. Utilizing an embedded software development kit (SDK), Kamcord enables seamless video capture and sharing, fostering interaction among users through their gaming experiences.

Douyu

Series B in 2016
Douyu TV is a live streaming media platform that provides live content such as games, sports, variety shows, entertainment, and more. The live-stream platform offers services like video-sharing for the students live broadcast, covers the main live game and sports as well as other live contents, enabling users to submit, view, and add commentary subtitles to videos of games, while incorporating content ranging from sports, variety shows, and entertainment. Zhang Wenming founded Douyu TV in 2013, with its headquarters in Wuhan in China.

Glu Mobile

Post in 2016
Glu Mobile Inc. is a developer and publisher of free-to-play mobile games designed for smartphone and tablet users. The company offers a diverse portfolio of games across four primary genres: lifestyle, casual, mid-core, and sports. Notable titles include original intellectual properties such as Cooking Dash and Deer Hunter, alongside games that incorporate popular licensed brands like Kim Kardashian: Hollywood and Disney Sorcerer’s Arena. Glu Mobile distributes its games through direct-to-consumer digital storefronts, including the Apple App Store and Google Play Store. Founded in 2001 and headquartered in San Francisco, Glu Mobile has expanded its operations globally, with additional offices in locations such as Brazil, Canada, China, and Russia.

Discord

Series C in 2016
Discord is a communication platform that provides voice, video, and text services, allowing users to connect and interact with friends and communities. Initially designed for gamers, it has expanded its appeal to various groups, including hobbyists, study groups, and local clubs. Founded in 2012 and headquartered in San Francisco, California, Discord enables seamless communication through its instant messaging and digital distribution features, which are accessible on both desktops and mobile devices. The platform supports voice-over-internet protocol and texting, facilitating regular interaction without compromising performance during gaming or other activities.

Artillery

Series A in 2015
Artillery is a team of passionate gamers that is turning the modern web browser into a gaming console using HTML5 technology. Artillery's team is comprised of a brain trust of former Google and Facebook engineers focused on solving seemingly impossible game development hurdles and includes long-standing and high ranking gaming and eSports community members. It was founded in 2011 and based in Palo Alto, California.

Pocket Gems

Series B in 2015
Pocket Gems, Inc. is a mobile game developer based in San Francisco, California, established in 2009. The company specializes in creating free-to-play social games, which are distributed through major platforms such as Apple’s App Store, Google Play, and Amazon Appstore. With a focus on innovative and graphically rich gaming experiences, Pocket Gems has developed popular titles including Episode, a mobile storytelling network, and War Dragons, a 3D real-time strategy game. The company has garnered significant player engagement, with over 270 million downloads of its games worldwide. Supported by investors like Sequoia Capital and Tencent, Pocket Gems is committed to pushing the boundaries of mobile entertainment while fostering social connectivity among its users.

Glu Mobile

Post in 2015
Glu Mobile Inc. is a developer and publisher of free-to-play mobile games designed for smartphone and tablet users. The company offers a diverse portfolio of games across four primary genres: lifestyle, casual, mid-core, and sports. Notable titles include original intellectual properties such as Cooking Dash and Deer Hunter, alongside games that incorporate popular licensed brands like Kim Kardashian: Hollywood and Disney Sorcerer’s Arena. Glu Mobile distributes its games through direct-to-consumer digital storefronts, including the Apple App Store and Google Play Store. Founded in 2001 and headquartered in San Francisco, Glu Mobile has expanded its operations globally, with additional offices in locations such as Brazil, Canada, China, and Russia.

VC Mobile Entertainment

Venture Round in 2015
VC Mobile Entertainment Inc. is a game development company based in Los Angeles, California, founded in 2014. The company specializes in creating a diverse range of games for mobile devices, personal computers, consoles, and online platforms. Through its innovative approach to game design, VC Mobile Entertainment aims to engage a broad audience and enhance the gaming experience across various formats.

Robot Entertainment

Venture Round in 2015
Robot Entertainment, Inc. is an independent game development studio based in Plano, Texas, founded in 2009 by several former members of Ensemble Studios. The company specializes in creating games that cater to a wide audience across multiple platforms. Its portfolio includes fast-paced multiplayer games, battleground experiences, and competitive enemy race games, all designed to provide engaging entertainment for players and foster social interactions among friends. With a commitment to quality and innovation, Robot Entertainment continues to establish itself in the gaming industry.

Miniclip

Acquisition in 2015
Miniclip is a prominent digital games company that develops, publishes, and promotes a wide range of games across mobile, web, and social platforms. Founded in 2001 by Robert Small and Tihan Presbie, Miniclip has played a significant role in the casual gaming industry. It is particularly known for its extensive collection of games, including action, sports, puzzle, and games for children, as well as its flagship title, 8 Ball Pool, which is recognized as the most popular pool game globally. The company aims to connect players worldwide through both individual and massive multiplayer gaming experiences, catering to various devices and platforms.

Discord

Series B in 2015
Discord is a communication platform that provides voice, video, and text services, allowing users to connect and interact with friends and communities. Initially designed for gamers, it has expanded its appeal to various groups, including hobbyists, study groups, and local clubs. Founded in 2012 and headquartered in San Francisco, California, Discord enables seamless communication through its instant messaging and digital distribution features, which are accessible on both desktops and mobile devices. The platform supports voice-over-internet protocol and texting, facilitating regular interaction without compromising performance during gaming or other activities.

Playdots

Series A in 2014
Playdots, Inc. is a mobile game development company based in New York, incorporated in 2013. It specializes in creating casual and puzzle games, most notably Dots and TwoDots, which focus on connecting colored dots to achieve specific objectives. The company aims to design well-crafted and accessible games while prioritizing player experience over short-term financial gains. Players earn "dots," the in-game currency, through gameplay or in-app purchases, ensuring both pathways lead to the same outcomes. As of September 2020, Playdots operates as a subsidiary of Take-Two Interactive Software, expanding its reach in the gaming industry.

Dots

Series A in 2014
We're an NYC-based mobile game studio that makes fun games like Dots and Two Dots.

Kamcord

Series B in 2014
Kamcord is a social media platform based in San Francisco, California, that specializes in mobile game streaming. The company offers an online gaming platform that allows users to record and share video content of their gameplay. Utilizing an embedded software development kit (SDK), Kamcord enables seamless video capture and sharing, fostering interaction among users through their gaming experiences.

4:33 Creative Lab

Private Equity Round in 2014
4:33 Creative Lab is a leading mobile game designer based in South Korea, specializing in the development and publishing of social interactive online and mobile games across various genres, including action, sports, and adventure. The company focuses on creating an optimal gaming experience through its innovative online game publishing platform, which enhances user engagement and interaction. By combining creativity with advanced technology, 4:33 Creative Lab aims to deliver high-quality games that resonate with a diverse audience, ensuring that players enjoy immersive and interactive gameplay.

TapZen

Venture Round in 2014
TapZen, established in 2012, is a mobile game developer focused on creating engaging and memorable gaming experiences for tablets and smartphones. With studios located in Los Angeles and San Francisco, the company is driven by a team of dedicated game makers who prioritize player empathy and community engagement. TapZen emphasizes the importance of accessibility, innovation, and high production values in its game design, aiming to deliver playful and addictively enjoyable experiences. The company's commitment to understanding and connecting with its players forms the foundation of its development philosophy.

Longzhu TV

Series A in 2014
Longzhu TV is a multimedia platform that specializes in live streaming services for digital games, e-sports, and a range of entertainment content. The platform broadcasts and re-broadcasts a variety of programming, including games, sports, and e-commerce. Longzhu TV has established strategic partnerships with prominent leagues such as the Heroes Union Professional League and the CrossFire TV Professional League, securing rights to stream top gaming events. Additionally, it holds exclusive broadcasting rights for renowned gaming figures and professional teams, enhancing its reputation in the industry. The platform offers users access to a wide array of videos from streamers, fostering interaction around live content.

QuizUp

Series B in 2013
Plain Vanilla Corp. is a mobile games company specializing in the development of a real-time social trivia platform for mobile devices. Founded in 2010, the company operates from offices in San Francisco, California, and Reykjavík, Iceland. It focuses on creating engaging multiplayer quiz experiences for users, fostering social interaction through its gaming offerings. Since December 2016, Plain Vanilla has functioned as a subsidiary of Glu Mobile Inc.

Kamcord

Seed Round in 2013
Kamcord is a social media platform based in San Francisco, California, that specializes in mobile game streaming. The company offers an online gaming platform that allows users to record and share video content of their gameplay. Utilizing an embedded software development kit (SDK), Kamcord enables seamless video capture and sharing, fostering interaction among users through their gaming experiences.

QuizUp

Series A in 2013
Plain Vanilla Corp. is a mobile games company specializing in the development of a real-time social trivia platform for mobile devices. Founded in 2010, the company operates from offices in San Francisco, California, and Reykjavík, Iceland. It focuses on creating engaging multiplayer quiz experiences for users, fostering social interaction through its gaming offerings. Since December 2016, Plain Vanilla has functioned as a subsidiary of Glu Mobile Inc.

Kamcord

Seed Round in 2012
Kamcord is a social media platform based in San Francisco, California, that specializes in mobile game streaming. The company offers an online gaming platform that allows users to record and share video content of their gameplay. Utilizing an embedded software development kit (SDK), Kamcord enables seamless video capture and sharing, fostering interaction among users through their gaming experiences.

Epic Games

Corporate Round in 2012
Epic Games, Inc. is an American video game and software company based in Cary, North Carolina. Founded in 1991, the company develops and creates games for various platforms, including PCs, consoles, mobile devices, artificial reality, and virtual reality. In addition to its own game development, Epic Games offers its game engine technology to other developers, enabling them to create high-fidelity, interactive experiences. The company also operates a game store that supports independent developers in producing quality games and 3D content. Originally known as Epic MegaGames, Inc., the company rebranded to Epic Games, Inc. in March 1999.

Zam

Acquisition in 2012
ZAM specializes in creating engaged gaming communities and offering comprehensive publishing solutions for massively multiplayer online (MMO) games. The company operates a network of websites that provide extensive in-game and out-of-game information tailored to MMO players. Its platforms include ZAM, which fosters active player communities and features databases, forums, and character profiles; Wowhead, which delivers detailed information about maps, creatures, and items in World of Warcraft; Thottbot, focusing on game-specific information and community guides for World of Warcraft; and MMOUI, which offers tools for game interface customization. Additionally, ZAM hosts an online gaming radio site. Founded as Allakhazam in January 2006 by Brock Pierce, ZAM is based in Los Angeles, California.
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