About Play Ventures
Play Ventures is a venture capital firm founded in 2018. It is primarily based out of Singapore, Singapore. As of Jul 2026, Play Ventures is an active investor, having invested in 13 companies, with 6 new investments 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 Gaming to Consumer and Enterprise Applications. Most recently it participated in the $***** Seed round of GeoSurge A lot of funds co-invest with Play Ventures, with names like e2vc sharing a substantial percentage of its portfolio. Play Ventures has team of 21 people including 12 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Deals in last 12 months
Play Ventures' List of Top Investments
Play Ventures has a portfolio of 13 companies. Their most notable investments are in Pvxpartners and Uplane.Their portfolio spans across United States, United Kingdom, Turkey and 4 more locations. They have invested in Gaming, Consumer, Enterprise Applications and 4 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Play Ventures:
1. Cypher Games
Developer of casual mobile games. The company focuses on developing the next-generation mobile puzzle game and its first game will be launched soon.
Key facts about Cypher Games
- Founded Year: 2014
- Location: Sisli (Turkey)
- Stage: Series A
- Total Funding till date: $43.2M
- Employee Count: 67 as on Jun 30, 2026
- Investors: 500 Global, e2vc and 12 Others
- Latest Funding Round: Series A, Aug 26, 2025, $*****
- Highlight: Editors' Pick
2. Midnite
Midnite is an Esports betting platform for players. The company is an esports betting platform that enables gamers to bet on various esports games including Fortnite, CG GO, League of Legends, and more. Gamers can compete with other users and win prizes.
Key facts about Midnite
- Founded Year: 2015
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $75M
- Employee Count: 183 as on Jun 30, 2026
- Investors: Betfair Group, The Raine Group and 21 Others
- Latest Funding Round: Series C, Jan 15, 2026, $*****
- Highlight: Editors' Pick
3. Pvxpartners
Provider of non-dilutive user acquisition funding for consumer apps. This platform offers credit lines specifically designed to fuel the growth of consumer applications. It provides flexible payment terms, allowing businesses to repay as they generate revenue. The funding is secured by the cohorts the platform finances, mitigating risk for both the business and the funder. The platform also offers data-driven market intelligence to help businesses maximize their growth potential.
Key facts about Pvxpartners
- Founded Year: 2024
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $24M
- Employee Count: 22 as on Jun 30, 2026
- Investors: General Catalyst, Massachusetts Institute of Technology and 7 Others
- Latest Funding Round: Series A, Jul 01, 2026, $*****
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4. Deftouch
Deftouch is an independent mobile game development studio that specializes in developing multiplayer sports games. One of the games developed by the company is "RCB Star Cricket" in co-operation with Nazara Games. It develops games for Android and iOS devices. Monetizes through display advertisements and in-app purchases.
Key facts about Deftouch
5. Bible Chat
Christian counseling and Bible study app. The platform offers interactive Bible study tools, including AI-powered assistance for exploring scripture and receiving spiritual guidance. Users can access Bible verses, lessons, and trivia, as well as personalized prayer creation and journaling features. The app also provides resources on various biblical topics and facilitates community engagement through shared questions and answers. It aims to support users in their faith journey, offering encouragement and answers to life's challenges.
Key facts about Bible Chat
- Founded Year: 2023
- Location: United States
- Stage: Series A
- Total Funding till date: $14M
- Employee Count: 38 as on Jun 30, 2026
- Investors: True Ventures, Silicon Gardens and 3 Others
- Latest Funding Round: Series A, Feb 19, 2025, $*****
- Highlight: Editors' Pick
Play Ventures' Year-on-Year Investment Trends
Play Ventures has invested in 13 companies over the last 5 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 7 investments, while as of Jul 2026, it has made 7 investments in this year. Its most recent first time investment was in GeoSurge and most recent follow-on round was in Pvxpartners.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 2 | 7 |
2025 | 7 | 0 | 7 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
Play Ventures' Investments by Stage
Play Ventures has made 9 investments in Seed stage with an average round size of $5.77M, 3 investments in Series A stage with an average round size of $22M and 1 investment in Series B stage with an average round size of $10M.Stage of entry | No. of Investments |
|---|---|
Seed | 9 |
Series A | 3 |
Series B | 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, Mobile, Consumer, Enterprise Applications and Media & Entertainment. Notably, it has invested in 12 Tech companies, 9 Consumer (B2C) companies, 5 Software companies and at least 4 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Gaming | 5 |
Mobile | 5 |
Consumer | 4 |
Enterprise Applications | 2 |
Media & Entertainment | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
Play Ventures' Investments by Geography
Play Ventures has made most investments in United States (4), followed by United Kingdom where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 4 |
United Kingdom | 3 |
Turkey | 2 |
Cyprus | 1 |
India | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Play Ventures' recent investments
Play Ventures has made 7 investments in 2026 so far. GeoSurge and Pvxpartners are the latest among them.Here are the most recent investments by Play Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 03, 2026 | United Kingdom | Seed | 1702 | [+5] | |
Apr 23, 2026 | Singapore | Series A | 5011 | [+3] | |
Apr 15, 2026 | United States | Seed | 2383 | [+3] | |
Mar 25, 2026 | United States | Seed | 5503 | [+2] | |
Mar 25, 2026 | United Kingdom | Seed | 7293 |
Team profile of Play Ventures
Play Ventures has a team of 21 members including 12 Partners, 1 Venture Partner and 4 Principals located in Singapore, Finland and 4 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 | - | - | |
Partner | Montreal | - | - | |
Partner | Turku | - | ||
Partner | Singapore | - | - |
Co-investors of Play Ventures
Over the past 5 years, 53 investors have co-invested in Play Ventures's portfolio companies. This includes funds and angels.
- Invested before Play Ventures: The Raine Group, 500 Global and 13 others have invested in rounds before Play Ventures. There are 2 companies where The Raine Group has invested before Play Ventures and 1 company where 500 Global has invested before Play Ventures.
- Top Co-investors of Play Ventures: 30 investors entered a company along with Play Ventures. These include investors like e2vc (2 companies).
- Invested after Play Ventures: A total of 8 investors have invested in Play Ventures's portfolio after their investments. Top Investors include Pvxpartners (1 company), House Advantage Fund (1 company) and Z Venture Capital (1 company).
Recent News related to Play Ventures
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PvX raises $10.5m as user acquisition financing scalesPocket Gamer•Apr 24, 2026•Pvxpartners, Z Venture Capital, Play Ventures, TAC and 2 others
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Chinese AI microdrama startup StoReel raises $34mTech in Asia•Mar 26, 2026•Storeel, Play Ventures, Pvxpartners, TAC and 2 others
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Vuelo Raises €64M To Build An AI-powered Travel Booking PlatformStartup Rise EU•Mar 26, 2026•Play Ventures, Insight Partners, Backed, Viola Credit and 2 others
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Cheer Games Raises $4.5M in Pre-Seed FundingGamesIndustry•Mar 05, 2026•Play Ventures, Makers Fund, Cheer, Play Ventures
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Midnite Completes $35M Series C Funding Round Led by The Raine GroupiGaming Business•Jan 15, 2026•Play Ventures, Discerning Capital, big_bets, Midnite and 3 others
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PvX Secures $4.7M Seed Extension, Surpasses $250M in User Acquisition FinancingFinTechnews•Dec 08, 2025•Pvxpartners, Capital One, DraftKings, General Catalyst and 8 others
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Cypher Games Closes $30M Series A Funding RoundFinSMEs•Oct 02, 2025•Play Ventures, Cypher Games, The Raine Group, Mitcap and 1 other
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Appcharge raises $58 million Series B as mobile games break from app storesCTech•Aug 13, 2025•Play Ventures, appcharge, Moneta Ventures, BITKRAFT Ventures and 12 others
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Circle Games secures $7.25M in funding led by Bitkraft Ventures to develop its projects and expand its teamGamesIndustry•Jul 11, 2025•Circle, BITKRAFT Ventures, Andreessen Horowitz, APY Ventures and 2 others
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Circle Games secures $7.25M to expand mobile puzzle game portfolioMobidictum•Jul 09, 2025•Circle of Games, BITKRAFT Ventures, Andreessen Horowitz, Play Ventures and 2 others
