Atomic Heart is one of the games funded by Gem Capital's money.
Atomic Heart is one of the games funded by Gem Capital's money.
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Gem Capital will invest $50M in Eastern European game studios

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

Cyprus-based investment firm Gem Capital plans to invest over $50 million in game studios in Eastern Europe over the next two years.

The firm is focusing on pre-seed, seed, and series A-round investments, with plans to invest amounts in the range of $2 million to $5 million. Gem Capital’s current portfolio is valued at over $100 million. With a current portfolio valued at over $100 million, Gem Capital is ranked among the top gaming funds in the world, according to market analyst InvestGame.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.