GEM Capital investment group plans to invest $50 million in game developers over the next two years. The priority is studios from Eastern Europe, the Middle East and Cyprus.
GEM Capital announced that the money will be used to support the authors of free and premium games for consoles and PCs, as well as midcore mobile games. In addition, companies engaged in gaming technologies will be able to count on investments.
The Group is going to invest from $2 million to $5 million at the pre-sowing and sowing stages and in the Series A rounds.
“We take our investments seriously and provide the founders with legal assistance, assistance with HR, communications and relocation of employees. Also, the founders can turn to experienced industry consultants cooperating with us for recommendations on the development strategy,” said Kirill and Roman Gursky, the leaders of the GEM Capital gaming direction.
GEM Capital was founded in 2017. In 2019, she began investing in video games and has since concluded more than 20 deals with gaming companies. The group has supported studios such as Mundfish, Owlcat Games, DeusCraft, Red Rover Interactive and Gameram.