Kameha Ventures

Kameha Ventures is a Paris-based venture capital firm specializing in early-stage investments in gaming technology startups. The firm focuses on companies operating at the intersection of gaming and frontier technologies, aiming to back ventures that start in games but possess the potential to expand into other industries. Their investment focus includes artificial intelligence (AI), spatial computing, high-fidelity 3D graphics, evolving monetization engines, and cloud gaming projects. Kameha Ventures seeks to identify early signals and emerging opportunities within the rapidly transforming game tech landscape.

Founded in 2024 by Ferdinand Pons and Olivier Gemayel, Kameha Ventures launched its first fund in March 2025, a €25 million (approximately $27 million) investment vehicle dedicated to supporting game development initiatives across Europe. The firm's mission is to back the next generation of technology leaders by supporting founders who leverage gaming innovations to scale across various industries, following the path of successful companies like Discord, Nvidia, and Unity.

The co-founders bring extensive experience to the firm. Ferdinand Pons has over 15 years of experience in mergers and acquisitions within the gaming sector, having previously led M&A efforts at Gameloft and Stillfront, and co-founded two M&A advisory boutiques. Olivier Gemayel is a repeat entrepreneur who developed Amazon Web Services' (AWS) global gaming investor playbook, supporting over a thousand gaming startups. Their combined expertise spans M&A, early-stage investing, and the development of global game tech ecosystems, positioning them to provide both financial backing and strategic guidance to their portfolio companies.

As of April 2026, Kameha Ventures has made notable investments, including leading a €2.1 million funding round for Playruo. Playruo is a professional cloud gaming solution designed for video game studios and publishers, enabling instant game playtests, QA, product approval, and playable demos without downloads, showcasing Kameha Ventures' commitment to innovative platforms emerging from the gaming sector.