The Games Fund has invested in four game studios.
The Games Fund has invested in four game studios.
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The Games Fund invests in 4 Eastern European game studios

The Games Fund, which raised $50 million earlier this year for a new game-focused venture capital fund, has invested in four early-stage game studios in Eastern Europe.

The Moscow- and Los Angeles-based fund is moving fast amid a market that is full of game venture capitalists, but the firm believes it has an edge with the rich numbers of studios in Eastern Europe, said cofounder Ilya Eremeev in an interview with GamesBeat.

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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.