About Play Ventures
Play Ventures is a venture capital firm founded in 2018. It is primarily based out of Singapore, Singapore. As of Dec 2025, Play Ventures is an active investor, having invested in 126 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and Gaming. Most recently it participated in the $***** Seed round of Pvxpartners Overall, Play Ventures portfolio has seen 1 unicorn, 1 IPO and 12 acquisitions including key companies like MPL, Huuuge Games and Futureplay Games. A lot of funds co-invest with Play Ventures, with names like Animoca Brands sharing a substantial percentage of its portfolio. Play Ventures has team of 17 people including 8 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Play Ventures' List of Top Investments
Play Ventures has a portfolio of 126 companies, one of which is a Unicorn. Their most notable investments are in Math games and Scenario.Their portfolio spans across United States, Finland, United Kingdom and 23 more locations. They have invested in Blockchain Technology, High Tech, Gaming and 18 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Play Ventures:1. MPL
Operator of an online platform providing real money skill-based gaming. The platform offers various card, puzzle, sports, and casual games. Users can participate in contests and tournaments. Winnings are credited to user accounts and can be withdrawn.
Key facts about MPL
- Founded Year: 2018
- Location: Bengaluru (India)
- Annual Revenue: $100M - $500M as on Mar 31, 2025
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $401M
- Employee Count: 435 as on May 31, 2025
- Investors: Founders Circle Capital, Pegasus Tech Ventures and 73 Others
- Latest Funding Round: Series E, Feb 09, 2025, $*****
- Highlight: Editors' Pick
2. Eloelo
Provider of live social entertainment platform. It enables creators to host interactive video and audio livestreams, connecting with viewers and fans through livestreams in multiple Indian languages. The platform offers features like social live streams, multiplayer games, chats, and audio calls in seven languages.
Key facts about Eloelo
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $51.1M
- Employee Count: 202 as on Feb 28, 2026
- Investors: LetsVenture, Kalaari Capital and 34 Others
- Latest Funding Round: Series B, Apr 04, 2025, $*****
- Highlight: Editors' Pick
3. Gozem
Operator of digital platforms for transportation delivery and financial services. These platforms facilitate passenger transit via motorcycles, tricycles, and automobiles. The systems manage logistics for food, grocery, and parcel deliveries. Additionally, the infrastructure supports digital payments, money transfers, and mobile credit top-ups. Users access these functions through a centralized mobile application interface. The technology integrates vehicle tracking and accident support features for service providers. Businesses utilize these tools for fleet management, advertising, and online sales processing.
Key facts about Gozem
- Founded Year: 2018
- Location: Lome (Togo)
- Stage: Series B
- Total Funding till date: $48.5M
- Employee Count: 640 as on Jun 30, 2026
- Investors: Virtual Network, Liil Ventures and 21 Others
- Latest Funding Round: Series B, Feb 26, 2025, $*****
- Highlight: Editors' Pick
4. Huuuge Games
Developer of free-to-play mobile games with real-time social experiences. The company focuses on creating accessible games designed for short play sessions. It aims to provide social entertainment through its mobile gaming platform. The company offers a variety of slot machine-style games.
Key facts about Huuuge Games
- Founded Year: 2014
- Location: Warsaw (Poland)
- Stage: Public
- Total Funding till date: $8.6M
- Employee Count: 10 - 49 as on Mar 01, 2026
- Investors: The Raine Group, Woori Technology Investment and 4 Others
- Latest Funding Round: Series B, Aug 18, 2016, $*****
- Highlight: Public
Skan is an AI-based process mining and process discovery platform for business processes. It understands and implements process re-engineering based on a data-backed approach and continuously monitors business processes for drift. The process mining solutions include features such as virtual process analysis, process monitoring, predictive and prescriptive analytics, dynamic process optimization, and more.
Key facts about Skan Technologies
- Founded Year: 2018
- Location: Menlo Park (United States)
- Stage: Series B
- Total Funding till date: $54M
- Employee Count: 90 as on Mar 31, 2025
- Investors: Dell Technologies Capital, Firebolt Ventures and 10 Others
- Latest Funding Round: Series B, Mar 31, 2022, $*****
- Highlight: Editors' Pick
Play Ventures' Year-on-Year Investment Trends
Play Ventures has invested in 126 companies over the last 7 years, with an average of 13 new investments annually in the last 5 years. In 2025, it made 9 investments. Its most recent first time investment was in Pvxpartners and most recent follow-on round was in appcharge.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 6 | 3 | 9 |
2024 | 7 | 10 | 17 |
2023 | 9 | 4 | 13 |
2022 | 34 | 2 | 36 |
2021 | 17 | 4 | 21 |
2020 | 12 | 4 | 16 |
2019 | 5 | 0 | 5 |
Play Ventures' Investments by Stage
Play Ventures has made 73 investments in Seed stage with an average round size of $4.25M, 12 investments in Series A stage with an average round size of $11.7M, 3 investments in Series B stage with an average round size of $15.8M, 1 investment in Series D stage with an average round size of $95M and 1 investment in Unattributed stage with an average round size of $6M.Stage of entry | No. of Investments |
|---|---|
Seed | 73 |
Series A | 12 |
Series B | 3 |
Series D | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Play Ventures' Investments by Sector
Play Ventures has a diverse portfolio, with companies operating in the Gaming, High Tech, Blockchain Technology, Mobile and FinTech. Notably, it has invested in 107 Tech companies, 83 Consumer (B2C) companies, 57 Software companies and at least 34 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Gaming | 47 |
High Tech | 26 |
Blockchain Technology | 23 |
Mobile | 22 |
FinTech | 20 |
Others | 70 |
Note: We have considered here, only first round of investments
Play Ventures' Investments by Geography
Play Ventures has made most investments in United States (28), followed by Finland where it has made 12 investments.Country | No. of Investments |
|---|---|
United States | 28 |
Finland | 12 |
United Kingdom | 9 |
Singapore | 8 |
India | 4 |
Others | 28 |
Note: We have considered here, only first round of investments
Play Ventures' recent investments
Play Ventures has not made any investment in 2026 so far.Here are the most recent investments by Play Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 08, 2025 | Singapore | Seed | 7946 | [+3] | |
Aug 13, 2025 | United States | Series B | 2960 | [+7] | |
Jul 14, 2025 | - | Seed | 9048 | [+3] | |
Jun 16, 2025 | Turkey | Series A | 6103 | [+1] | |
Apr 04, 2025 | India | Series B | 7183 | [+8] |
Unicorns in Play Ventures' Portfolio
Play Ventures has 1 unicorn in its portfolio - MPL. The most recent unicorn in their portfolio is MPL which became a unicorn in 2021.Here is a list of unicorns in Play Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
81 | Operator of an online platform providing real money skill-based gaming | 2018 | Bengaluru | Series E | w{drdql |
IPOs and Publicly Listed companies in Play Ventures' Portfolio
1 of Play Ventures' portfolio company became public - Huuuge Games. It got listed on the Warsaw Stock Exchange (WSE), in Feb 2021 at marketcap of $1.09BHere are Play Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 19, 2021 | - | - | 7206 |
Acquired companies in Play Ventures' Portfolio
12 companies from Play Ventures' portfolio have been acquired. The most recent acquisition was Astralis.Here are Play Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 10, 2025 | - | - | 1901 | |
Feb 07, 2024 | - | - | 7839 | |
Jul 18, 2023 | Dec 09, 2021 | Series A | 6310 | |
Feb 23, 2023 | Jan 19, 2022 | Seed | 2701 | |
Oct 27, 2022 | Oct 07, 2021 | Seed | 9783 |
Team profile of Play Ventures
Play Ventures has a team of 17 members including 8 Partners and 6 Principals located in Singapore, Finland and 3 more locations. Play Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Play Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Helsinki | - | ||
Partner | Singapore | - | ||
Partner | Helsinki | - | ||
Partner | Buenos Aires | - | ||
Partner | Helsinki | - | - | |
Partner | Singapore | - | ||
Partner | London | - | - | |
Partner | Singapore | - | - | |
Principal | Uppsala | - | - | |
Principal | Singapore | - | ||
Principal | Singapore | - |
Co-investors of Play Ventures
Over the past 7 years, 589 investors have co-invested in Play Ventures's portfolio companies. This includes funds and angels.
- Invested before Play Ventures: Kalaari Capital, General Catalyst and 146 others have invested in rounds before Play Ventures. There are 2 companies where Kalaari Capital has invested before Play Ventures and 2 companies where General Catalyst has invested before Play Ventures.
- Top Co-investors of Play Ventures: 315 investors entered a company along with Play Ventures. These include investors like Animoca Brands (12 companies).
- Invested after Play Ventures: A total of 126 investors have invested in Play Ventures's portfolio after their investments. Top Investors include Big Bets (3 companies), Anton Gauffin (3 companies) and BITKRAFT Ventures (3 companies).
Recent News related to Play Ventures
•
Cheer Games Raises $4.5M in Pre-Seed FundingGamesIndustry•Mar 05, 2026•Play Ventures, Makers Fund, Cheer, Play Ventures
•
•
Eloelo kicks off Series B round with $13 MnEntrackr•Apr 07, 2025•Eloelo, Play Ventures, Kalaari Capital, WestBridge Capital
•
GOAT Gaming lands US$4M to scale AI-driven Web3 gaming on Telegrame27•Feb 03, 2025•GOAT Gaming, Ton Ventures, Karatage, Bitscale and 24 others
•
Ex-King and Apple team raise $9M to launch Metica’s AI revolution in gamingMobidictum•Jan 16, 2025•Metica, Play Ventures, 13books Capital, Firstminute Capital and 4 others
•
Ray Browser raises $6.5m to boost web-based gamingPocket Gamer•Dec 20, 2024•PlayOnRay, Play Ventures, Samsung NEXT, Spatial capital and 2 others
•
Couples Wellness Platform Arya Raises $8.5M Series AFemtech Insider•Dec 17, 2024•Arya, Ibex Investors, Play Ventures, Patron and 1 other
•
Databricks poised for historic $9.5B funding, and a $60B valuation to disrupt the future of data analyticsTech Funding News•Dec 16, 2024•Databricks, Thrive Capital, Andreessen Horowitz, 11x and 27 others
•
Appcharge lands $26 million to boost direct-to-consumer platform for mobile gamesPocket Gamer•Nov 25, 2024•appcharge, Creandum, Supercell, BITKRAFT Ventures and 3 others
•
