Laton Ventures, a gaming and apps-focused venture capital firm founded by Görkem Türk and backed by industry highflyers, announced the closing of its first fund with $50 million size, marking it as the largest gaming and apps-focused fund out of Türkiye, one of the prominent global hubs for the gaming industry.
Laton Ventures will globally invest in pre-seed and seed-stage gaming startups while also backing non-gaming app companies. Remarkably, the firm, distinguished by its discretionary hands-on operational support model, has experienced significant growth and traction in nearly half of the companies it invested in within its first year.
Laton Ventures’ investments
During its first year, Laton Ventures made five pre-seed and seed-stage investments in gaming companies across Türkiye, the United States, and Europe. Two of these companies have achieved significant milestones, raising sizable Series-A rounds.
One of them, Grand Games, a Turkish mobile gaming company, has secured a $30 million Series-A funding round in a record nine months after its inception. The second portfolio company who also raised a Series-A round is undisclosed yet.
Laton Ventures ranked among the global top 10 most active pre-seed and seed-stage gaming VC funds in its first year.
Laton’s portfolio includes a diverse set of companies, from cutting-edge mobile gaming studios to innovative social gaming platforms.
Laton team has a deep understanding of the gaming and apps industries. The firm sets itself apart by providing unparalleled hands-on operational advisory and support to its portfolio companies in areas such as user acquisition, growth, and analytics – available at the founders’ discretion.
This dedicated support comes from the Laton team, which has previous experience at companies such as Google, Peak, and Aream & Co., as well as from its industry-veteran limited partners.
Laton Ventures is backed by over 40 exited gaming/tech founders and industry veterans spanning more than 10 countries. Among them are founders or former executives of renowned companies such as Peak, Gram, Loop, and Huuuge.
The fund’s investors also include high-profile corporations such as Supercell, the creator of hit games like Clash of Clans, and Tibas Ventures, the venture capital arm of İş Bankası, Türkiye’s largest private bank. In addition, the fund is supported by institutional investors and family offices from various parts of the world.
“We believe in talented teams with exceptional vision, developing innovative games, apps, and next-generation entertainment platforms. We are passionate about the mobile platform and its future evolution, driven by the tailwind of AI and integration of social elements.
“We are proud of the achievements of our portfolio companies and the progress made in our first year, which has been a testament to the strength of our focused investment strategy. We feel privileged and excited about supporting the best founders in the gaming and apps ecosystems across Türkiye and the globe. We will keep working with the best teams.”
Laton Ventures Founding Partner Görkem Türk
