Investments
100Portfolio Exits
1Funds
6Partners & Customers
3About BITKRAFT Esports Ventures
BITKRAFT Esports Ventures is an investment firm that provides early-stage venture capital to early-stage and mid-stage startups in gaming, esports, and interactive media. It is the investment and consulting vehicle of esports veteran Jens Hilgers, founder of ESL/Turtle Entertainment.
BITKRAFT Esports Ventures Headquarter Location
Axel Springer Stra. 54b
Berlin, 10119,
Germany
BITKRAFT Esports Ventures Web Traffic
BITKRAFT Esports Ventures Rank
Latest BITKRAFT Esports Ventures News
Aug 28, 2020
Total Active App (currently available for download): 4,382,236 Total Inactive Apps (no longer available for download): 213,872 Total Apps Seen in US App Store: 4,596,108 Number of Active Publishers in the US App Store: 1,201,309 View more Bitkraft Esports Ventures has secured a $165 million venture capital fund to continue to invest in the games industry. Initially, the esports-centred company wanted to raise $125 million, only to have it exceeded with an extra $40 million. Those who contributed to the fund include JS Capital, Adidas, Logitech, Declaration Partners, WPP, Advance, and Carolwood. Founded by Jens Hilgers, Malte Barth, and Scott Rupp, the company is led by Hilgers, the former CEO of ESL. "We are grateful to our investors for their confidence in our team’s ability to identify talent, trends, and opportunities in the gaming and esports space," said Hilgers. "At Bitkraft, we don't just support forward-thinking entrepreneurs with capital, but also provide experience, resources, and our global network. While we are living in challenging times, our industry is experiencing strong tailwinds and unprecedented opportunities. There is no better time for BITKRAFT to invest." Strong investments Since its first pre-seed funding in 2017, when it raised $18 million, Bitkraft Esports Ventures has made several investments within the games industry. Earlier this year, the venture capital firm contributed to the funding of a new studio dubbed Bazooka Tango, founded by the creators of Vainglory. Moreover, the esports-focused firm led an investment round for PatronGG in December 2019, as the company sought funding for its Kokyo esports app . Tags:
BITKRAFT Esports Ventures Investments
100 Investments
BITKRAFT Esports Ventures has made 100 investments. Their latest investment was in Bayes Esports as part of their Series A on May 5, 2022.
BITKRAFT Esports Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/13/2022 | Series A | Bayes Esports | $6.24M | No | 3 | |
4/26/2022 | Seed VC | Ola GG | $8M | Yes | Arca, and Galaxy Interactive | 1 |
4/20/2022 | Series B | Playable Worlds | $25M | No | 2 | |
4/7/2022 | Series A | |||||
4/7/2022 | Seed VC |
Date | 5/13/2022 | 4/26/2022 | 4/20/2022 | 4/7/2022 | 4/7/2022 |
---|---|---|---|---|---|
Round | Series A | Seed VC | Series B | Series A | Seed VC |
Company | Bayes Esports | Ola GG | Playable Worlds | ||
Amount | $6.24M | $8M | $25M | ||
New? | No | Yes | No | ||
Co-Investors | Arca, and Galaxy Interactive | ||||
Sources | 3 | 1 | 2 |
BITKRAFT Esports Ventures Portfolio Exits
1 Portfolio Exit
BITKRAFT Esports Ventures has 1 portfolio exit. Their latest portfolio exit was The Action Network on May 03, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
5/3/2021 | Acquired | 13 |
Date | 5/3/2021 |
---|---|
Exit | Acquired |
Companies | |
Valuation | |
Acquirer | |
Sources | 13 |
BITKRAFT Esports Ventures Fund History
6 Fund Histories
BITKRAFT Esports Ventures has 6 funds, including BITKRAFT Esports Ventures Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
8/27/2020 | BITKRAFT Esports Ventures Fund I | $165M | 5 | ||
2/20/2020 | Bitkraft Fund III | ||||
4/27/2017 | Bitkraft I | ||||
BITKRAFT Ventures Fund II | |||||
BITKRAFT Ventures Opportunity Fund I |
Closing Date | 8/27/2020 | 2/20/2020 | 4/27/2017 | ||
---|---|---|---|---|---|
Fund | BITKRAFT Esports Ventures Fund I | Bitkraft Fund III | Bitkraft I | BITKRAFT Ventures Fund II | BITKRAFT Ventures Opportunity Fund I |
Fund Type | |||||
Status | |||||
Amount | $165M | ||||
Sources | 5 |
BITKRAFT Esports Ventures Partners & Customers
3 Partners and customers
BITKRAFT Esports Ventures has 3 strategic partners and customers. BITKRAFT Esports Ventures recently partnered with Terraformation on March 3, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
3/28/2022 | Partner | United States | BITKRAFT Ventures Partners With Terraformation, a Forest Tech Company, to Support Reforestation. Waimea , Hawaii -LRB- March 28 , 2022 -RRB- -- BITKRAFT , an investment platform for gaming and interactive media , and Terraformation , a tech-accelerated forestry company , announced a reforestation partnership focused on the restoration of biodiverse forests and seed banking . | 1 | |
4/29/2021 | Partner | ||||
6/4/2019 | Partner |
Date | 3/28/2022 | 4/29/2021 | 6/4/2019 |
---|---|---|---|
Type | Partner | Partner | Partner |
Business Partner | |||
Country | United States | ||
News Snippet | BITKRAFT Ventures Partners With Terraformation, a Forest Tech Company, to Support Reforestation. Waimea , Hawaii -LRB- March 28 , 2022 -RRB- -- BITKRAFT , an investment platform for gaming and interactive media , and Terraformation , a tech-accelerated forestry company , announced a reforestation partnership focused on the restoration of biodiverse forests and seed banking . | ||
Sources | 1 |
BITKRAFT Esports Ventures Team
4 Team Members
BITKRAFT Esports Ventures has 4 team members, including current Chief Operating Officer, Alexander Fuhrmann.
Name | Work History | Title | Status |
---|---|---|---|
Alexander Fuhrmann | Chief Operating Officer | Current | |
Markus Fuhrmann | Cavalry Ventures, Team Europe, Web2Asia, and Gamma Capital Partners | Founding Partner | Current |
Malte Barth | General Partner | Current | |
Jens Hilgers | Bayes Holding, Geewa, GIGA Digital, and ESL Gaming | General Partner | Current |
Name | Alexander Fuhrmann | Markus Fuhrmann | Malte Barth | Jens Hilgers |
---|---|---|---|---|
Work History | Cavalry Ventures, Team Europe, Web2Asia, and Gamma Capital Partners | Bayes Holding, Geewa, GIGA Digital, and ESL Gaming | ||
Title | Chief Operating Officer | Founding Partner | General Partner | General Partner |
Status | Current | Current | Current | Current |
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