When it comes to esports and gaming, Nazra’s investment will help Bitcraft grow its presence in India, a rapidly developing sector. BitCraft is targeting a PC launch at first, though the goal is to eventually release on other platforms as well with cross-platform features. We have made several investments in the subcontinent and intend to do more in the future besides supporting international investments to accelerate growth in India.Įsports Insider says: Bitcraft Ventures is a well-known Web3 investment company that also focuses on esports projects. “The partnership will help enhance connectivity in the highly strategic Indian video game market. Malte Barth, Founding General Partner at Bitcraft VenturesAdded: “Given our long-standing relationship with Nazara, we are very excited to join this partnership for win-win as a platform between Nazara, the Bitcraft Venture Portfolio companies and Bitcraft Ventures. RELATED: Bitcraft Ventures Announces New Diversity Plan The company has invested in analytics company Bayes, game developer and publisher Epic Games, esports apparel brand H4X and others. Last year, BITCRAFT launched a $75m (~£55m) token fund for blockchain investments in the esports and gaming sectors and over $165m (~£121m) to invest in esports and gaming startups developing blockchain-based solutions Received more money. Primarily known for being the parent company of Asian esports firm NODWIN Gaming, Nazra also received an investment from ESL Gaming in 2018. “Over the course of the next few years, this investment will enable us to work towards realizing our strategic vision of empowering the global gaming community and becoming the catalyst to chart the next phase of growth in an increasingly connected and virtual world.” “ Our investment in Bitcraft comes in line with our long-term commitment to nurturing and empowering the gaming community around the world.
Manish Aggarwal, CEO, Nazara Technologies, Commented: “Bitcraft Ventures has rapidly established itself as one of the most promising investors in the global esports and gaming ecosystem.
#BITCRAFT PLATFORMS SERIES#
Series A, and Series B investments in game studios, gaming platforms. The partnership is intended to help Bitcraft expand its presence in India, as well as allow Nazara to gain access to the Bitcraft portfolio of companies, both sides explained in a release. Built by founders for founders, BITKRAFT is a global investment platform for. RELATED: Bitcraft Ventures Launches $75m Gaming and Esports-Focused Token Fund Platforms Edit Status Wishlist Images & Screenshots 4 Images Summary BitCraft is a massively-multiplayer community sandbox game where players work together to build a new civilization in a single. (ESI illustration) Image credit: Bitcraft Ventures / Nazar In return, Nazra plans to ‘leverage the Bitcoin Ventures network’ for a number of strategic initiatives. Gaming and Esports Venture Capital Fund bitcraft Enterprise has received an investment of $2.5m (~£1.9m) from an India-based gaming and sports media company Eye,Īccording to the announcement, Nazara will invest $875,000 (~£666,000) over a three-year period and another $1.6m (£1.2m).
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