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Laton Ventures launches $35M global gaming venture capital fund


Laton Ventures, a new gaming venture capital fund, was officially launched today with an investment of US$35 million to invest in gaming companies.

Amid the current soft state of the gaming industry, the establishment of this Turkish fund may bring comfort to those worried about job losses in the industry. This shows that at least a group of investors and their limited partners are confident in the future of the game.

The company is committed to closely monitoring the evolving landscape of gaming and interactive entertainment and focusing on Turkey’s rising role as a global hub for these dynamic industries.

Görkem Türk, founding partner of Laton Ventures, said in an interview with GamesBeat that Laton Ventures hopes to become an important link between Turkey and the global game ecosystem by investing in Turkey and the world.

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“We are very content category agnostic. We will invest in mobile, PC and console. Our background comes from mobile. So we will always acknowledge that. We will invest in everything, but probably we will be more oriented towards mobile content. We will also invest in non-content and gaming-related infrastructure and technology.”

Laton Ventures places a strong emphasis on providing operational consulting to its portfolio companies in areas such as user acquisition, game design, development and analytics. In addition to a fund team with hands-on experience in these areas, the fund will leverage its team of industry veterans and extensive network to support portfolio companies.

Raton’s strategy is to become a daily ally to his portfolio founders. This approach not only reduces execution risk but also makes Laton a preferred partner for founders and other investors. Laton has seen its unique model help secure highly competitive deals.

With a focus on pre-seed and seed stages, the fund will seek out startups composed of industry-leading talent with unparalleled vision, strong execution capabilities and a desire for success with the potential to scale to larger companies. In its investment strategy, Laton will remain agnostic on different gaming platforms as well as content and services, although acknowledging that the fund team has a strong background in mobile gaming.

“Laton is experiencing very strong deal flow, which is a testament to the effectiveness of our unique operational advisory model and positioning as a bridge between Turkey and the global gaming ecosystem,” said Türk.

Founder of Laton Venture Capital
Founder of Laton Venture Capital

The fund has invested in five companies in the past six months: two in Turkey, two in Europe and one in the United States. It’s worth noting that most of these deals are highly competitive, with even leading global funds unable to secure allocations. Success in securing allocations in sought-after deals and co-investing with some of the best funds in the world is a testament to Leighton’s approach and reputation.

Raton brings together distinguished individuals with proven track records in the gaming industry as well as experienced investors. The fund was founded and led by Görkem Türk, a former industry manager for games and startups at Google. His expertise in working with gaming founders and extensive industry network are critical to Laton’s mission.

Along with Görkem, Laton has a strong investment team, bringing diverse experience from companies such as Peak Games and Boston Consulting Group. Laton is backed by more than 20 gaming and tech industry luminaries, including Gram Games co-founder Mehmet Ecevit; Mert Gür, founder of Loop Games; Mert Can Kurum, founder of Ruby Games; and Fırat îleri, managing partner of Hummingbird Ventures ; Nevzat Aydın, founder of Yemeksepeti; Eric Kress, founder of Gossamer.

While some of them support Raton’s portfolio companies as advisors, some simply serve as investors in the fund.

Supercell, the developer of games such as “Clash of Clans” and “Clash Royale,” has also invested in Laton Ventures.

In addition, the fund has received investment from major financial institutions, including the 100th Year venture capital arm of şBank, Turkey’s largest private bank.

Türk said: “With the brightest minds pouring into the gaming industry and the number of global players reaching an all-time high, we are at the beginning of a new era of entertainment experiences. As Laton, our mission is to support the best teams and innovate through approach and unparalleled execution to seize this exciting opportunity.”

The firm has four full-time employees and Türk is the sole partner and a founding partner.

origin

When asked about the inspiration for starting the fund, Turk said there is a huge amount of talent in the gaming industry, not just in Turkey but elsewhere.

“The second point of inspiration, for me personally, is that I’ve been working with game founders for the last five years, working with over 50 game founders. I love their personalities and their mindsets, just witnessing and working with them from babies Startups build great companies. I love going through this journey with these people. It’s personal inspiration.”

Most importantly, he said that the number of players is reaching an all-time high, with more than 2.5 billion people playing games worldwide.

“I’d love to see it become a single global community,” he said.

He said the deals completed so far reflected how the company would focus on Turkey as well as the rest of the world.

Türk has been working at Google in Türkiye for 6.5 years. He left in October to start working for the fund.

As for the timing, he said: “I’m very excited to say that for many reasons. So far, there has not been any Turkish company that can act as a bridge between the Turkish gaming ecosystem and the international gaming ecosystem. In order to maintain such a vibrant The functioning of the ecosystem, it’s been a long time coming.”

He also said that now is a challenging time for game startups, and they need guidance on user acquisition, game design and other strategies.

“This is where game studios need the most support,” he said.

He said he is optimistic about the future of the industry because there are many clear opportunities in gaming.

Given the economic downturn, Türk believes startup valuations are much healthier now than in past periods of overvaluation.

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