Updated
Updated · GamesIndustry.biz · Jun 25
Vgames Launches $10 Million Indie Fund for 10-20 PC and Console Studios
Updated
Updated · GamesIndustry.biz · Jun 25

Vgames Launches $10 Million Indie Fund for 10-20 PC and Console Studios

1 articles · Updated · GamesIndustry.biz · Jun 25

Summary

  • $10 million in new capital will fund premium PC and console games through revenue-share deals, with Vgames planning checks of $500,000 to $1 million for 10 to 20 studios.
  • Vgames shifted away from equity for this segment because exits in PC and console have been weaker and smaller than in mobile, making revenue-linked project financing more attractive.
  • Studios will keep IP rights, creative control and go-to-market independence, as the fund targets commercially ambitious titles that avoid free-to-play monetization.
  • Founded in 2020, Vgames says it now manages $400 million and has backed nearly 50 companies, including SuperPlay, 1047 Games and Pocket Haven.

Insights

With a massive global exit backlog, is project-based financing the new future for venture capital in gaming?
As VCs ditch equity for revenue-sharing, is the traditional game publisher model now facing extinction?
Can a funding model without equity stakes truly shield a game's creative vision from investor influence?