BITKRAFT Ventures

🙌 Congrats to our portfolio company Volley for raising a $55M Series C! We are thrilled to announce our follow-on investment alongside M12, Microsoft's Venture Fund, Lightspeed, General Catalyst, Causeway, Amazon, Y Combinator and others! 🗣 Major new product opportunities are on the horizon, signaling a bright future ahead as they continue to find success in the market with AI voice-powered games. Jeopardy, Who Wants to be a Millionaire and 20 Questions are just some of the titles available on smart speakers, smart TVs and mobile. 💪 Volley’s consistent progress and remarkable achievements reinforce our belief in their potential to become a dominant voice-controlled interactive entertainment company. 💡Their leadership remains firm, and we are excited to retain our ownership in a high-quality investment that continues to deliver outstanding results. 🌟 Congratulations to Founder Max Child and this exceptional team! https://lnkd.in/em7GRwFV

✨ HIRING ALERT ✨ BITKRAFT Ventures has a portfolio of companies #hiring a broad range of characters at all levels and disciplines across the globe to help tell their stories. Below are just a few of the companies in our portfolio. The full list can be found here. https://lnkd.in/gaReZcEa To join our #talentnetwork, please sign up here: https://lnkd.in/gxmTpsMC SPOTLIGHT ROLE Ruckus Games - Community / Public Relations Manager https://lnkd.in/gyRiZUsd ENGINEERING Carbonated Inc. - Lead UI/UX Engineer - Metagame https://lnkd.in/g_eyFsNn Carry1st - Front End Mobile Engineer https://lnkd.in/gBjSQ8nT CCP Games - Rendering Engineer https://lnkd.in/gD5kby4N PRODUCT Horizon Blockchain Games - Product Marketing Manager - Sequence https://lnkd.in/g9U9GPAS Gamezop - Product Manager - IVT Solutions https://lnkd.in/gAZ3Y3MN Series AI. - Technical Product Manager https://lnkd.in/gakTDNWn ART Manticore Games Inc. - Senior Environment Artist https://lnkd.in/gzWgR39w The Believer Company - Senior 3D Character Artist https://lnkd.in/gPFw6aiw LILA - Senior Character Concept Artist https://lnkd.in/gK_eCBrg LEADERSHIP Immutable - Chief of Staff (PED & GTM) https://lnkd.in/g7ivJHnq Redemption Games, Inc. - Director of Live Ops https://lnkd.in/gMerBiqZ OpenBCI - VP of Engineering - On-site https://lnkd.in/g5KFs-kH DESIGN Superbloom - Associate Interior Content Designer https://lnkd.in/gdQzQG8c Volley - Head of Design https://lnkd.in/gvnKzPXA Jungle - Sr. UI/UX Designer https://lnkd.in/gmGKR_SU PRODUCTION Manticore Games Inc. - Senior/Lead Producer https://lnkd.in/gx3mAqM9 Super Studios Inc. - Producer https://lnkd.in/gQuQcdnx Alethea AI - Video Producers (AI Content) https://lnkd.in/gn33g6xw

Partner Carlos G. Pereira broke down the crypto scene with Scenius Capital's Ben Jacobs, giving his hot takes 🔥 on where web3 and gaming converge. Check it out 👇 https://lnkd.in/eVb9EnFp

This month we are celebrating the founders at New Tales! After meeting during their time at Activision Blizzard, CEDRIC MARECHAL, Benoit Dufour and Emmanuel Obert founded the game studio and operator, living by the ethos that “content is king, publishing is queen”. We interviewed them to find out what goes behind a successful start-up in the games industry and how to persevere in a competitive space. Link in comments 👇 #newtales #games #innovation #bitkraft

🚀 As VC partners in Meta's Quest Lifestyle App Accelerator we are proud to celebrate our Founding Partner Malte Barth for his impactful role as a mentor!

Mirror World is building gaming infrastructure for the Solana ecosystem and we are proud to add the company to our portfolio! Principal Justin Swart: “We expect the Sonic SVM to become the go-to destination for any gaming studio that wants to build games within the Solana ecosystem. Over 1M active addresses have been added to Solana over the past year - the Sonic HyperGrid is where some of the best games can be built for these net new users. We’re proud to back this incredible team.”

It's great to have Radian Arc in the portfolio! Principal Jonathan Huang: “Radian Arc’s technology has the potential to redefine the cloud gaming and AI landscape. We believe Radian Arc’s impressive tech stack, ecosystem of industry leading strategic partners, and marquee management team position them strongly to be dominant in one of the most powerful platform shifts in gaming.” https://lnkd.in/ef-nUeMs

🚀 When the Apple Vision Pro first launched, it sparked a lot of conversations about whether it would be the "iPhone moment for XR" 📱 But after digging deep into it, resident XR enthusiasts Stephanie Llamas and Jonathan Huang concluded it’s more like a "Macintosh moment" 🖥️ (as Avi Bar-Zeev has coined it) for XR. Here's why: 1️⃣ The common argument against XR has been, "It's been the next big thing for 30 years! Why now?" We think that's too simplistic. The space has evolved from VR, to AR, and now MR. Each evolution is a leap to a new S-curve, and we are just at the start of the MR S-curve 📈 2️⃣ All S-Curves go through distinct phases. With the launch of AVP, @META's rebrand of Oculus Rift to Meta Quest, and @Bytedance's discontinuation of PICO to Swan, it’s clear XR is still in the hardware phase ⚙️ 3️⃣ It's too early to call the killer use-case for XR. Since we're in the early hardware phase, much like the iPhone's early days, where it took years before mass-market apps like Uber emerged 🚖 Trying to figure out the killer use-case for XR is the wrong question to ask. Instead, we should ask, “What capabilities do MR devices possess that unlock new use-cases?” 🤔 4️⃣ Breaking it down further, the core value proposition of XR devices is the innovation of "presence" 🌍 5️⃣ So what does the end state of XR look like? How does it drive the development of killer use-cases? What does MR offer as its core value proposition? As investors, why should we care about XR at all? 💡 **All the answers can be found in our memo (link in comments👇)!** Special thanks to our contributors and advisors Nanea Reeves (TRIPP, Inc.), Calin Pacurariu (Spatial), Matthew Price, Ph.D. (Accenture), Vinay Narayan (Meta), Charlie Fink (Forbes/Chapman University/Arizona State University), Neil Redding (Redding Futures) and Kamal Mistry (Arcturus) #Innovation #XR #VR #AR #MR #TechInvesting #FutureTech

Partner Jasper Brand will be featured on a panel next Wednesday at AWE. He'll be answering questions about the XR investment landscape from a VC perspective. If you'll be there, don't miss it! https://lnkd.in/eME-Zpjh #XR #VC #AWE2024

👀 Have you seen the opening cinematic for Stormgate? As a proud investor in Frost Giant Studios, Inc., we are excited to share this sneak peek of the upcoming real-time strategy game. Developed by former StarCraft developers, Stormgate aims to continue the legacy of Blizzard's iconic sci-fi RTS. Give it a watch👇 🚀 #scifi #games #rts #stormgate #starcraft #frostgiant