Play Ventures

Play Ventures is a leading early-stage venture capital firm that focuses on investing in the global gaming industry, games-inspired consumer applications, and related B2B infrastructure and services startups. The firm aims to identify and support ambitious entrepreneurs in creating the next generation of gaming unicorn companies. Their investment thesis extends beyond traditional gaming to encompass "playable apps" – consumer applications that leverage free-to-play gaming mechanics for user acquisition, economy design, and monetization.

Founded in 2018 by successful gaming entrepreneurs Henric Suuronen and Harri Manninen, Play Ventures was established with the goal of investing early in promising teams, often before they have a product. The firm emphasizes providing tailored support to its founders through a unique network, assisting with aspects such as recruitment, design, and fundraising. They also foster collaboration among their portfolio companies and co-invest with other prominent venture capitalists globally.

Play Ventures has built a diverse portfolio with notable investments across various stages. Some of their portfolio companies include Reworks, which was acquired by Playtika for up to $600M, mod.io which raised a $26M Series A led by Tencent, and Social First, which secured a $2.5M Pre-Seed round. They have also backed companies like Appcharge, Scenario, and PVX, which are developing solutions in payments, AI, and performance marketing for the mobile ecosystem.

The team at Play Ventures comprises experienced professionals with deep roots in the gaming and technology sectors. Founding Partners Henric Suuronen and Harri Manninen bring extensive operational experience, having founded and successfully exited gaming studios. Henric co-founded Nonstop Games, acquired by King, and Harri co-founded Rocket Pack, acquired by Disney. General Partners like Phylicia Koh, Anton Backman, and Kenrick Drijkoningen contribute expertise in new investments, web3, and platform development, ensuring comprehensive support for their portfolio companies.