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BITKRAFT Ventures

Invests in gaming and immersive tech

Overview

BITKRAFT Ventures is a venture capital firm that funds and supports startups in gaming, AI, Web3, and immersive technologies. Its products are investment capital and hands-on backing for portfolio companies; the firm emphasizes a Synthetic Reality thesis, focusing on the blending of physical and digital worlds to create new experiences and economic opportunities. How it works: BITKRAFT selects and invests in early-stage to growth-stage startups from a global portfolio (over 125 companies) and provides strategic guidance, network access, and resources to help founders build and scale their businesses. The firm differentiates itself through a clear focus on the intersection of gaming and frontier tech (AI, Web3, immersive tech) and by backing founders who aim to build virtual worlds and economies of tomorrow. Its goal is to empower extraordinary founders to actualize ideas that feel ambitious or challenging, turning them into functioning companies and real-world impact.

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About BITKRAFT Ventures

Simplify's Rating
Why BITKRAFT Ventures is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Venture CapitalEntertainmentGaming

Company Size

11-50

Company Stage

N/A

Total Funding

$1.9B

Headquarters

Denver, CO

Founded

2017

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Simplify's take

What believers are saying

  • Circle Games reached an eight-figure run rate within a year; BITKRAFT doubled down.
  • Hulp and Acti show BITKRAFT still finds fresh consumer-AI categories in 2026.
  • Its portfolio breadth across Europe and the U.S. keeps dealflow and learning loops strong.

What critics are saying

  • Gaming hit rates stay unforgiving; one weak fund can damage future capital raises.
  • BITKRAFT's sports thesis depends on Snow League and similar properties monetizing fast.
  • Crypto and web3 exposure can vaporize markups if token markets crack again.

What makes BITKRAFT Ventures unique

  • BITKRAFT filed Fund III at $275 million in July 2026.
  • It backs gaming, creator, and crypto companies across seed through Series B.
  • BITKRAFT is expanding into sports infrastructure, not just traditional esports bets.

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Funding

Total Funding

$1.9B

Above

Industry Average

Funded Over

0 Rounds

Benefits

  • Flexible Work Hours
  • Remote Work Options
  • Professional Development Budget

Company News

Cointime
Oct 27th, 2026
BNB Chain's Matrix Secures $7.5 Million in Series B Funding with Participation from ParaFi Capital and Point72 Ventures - Cointime

According to official news, BNB Chain's execution layer Rollup project Matrix has completed a $7.5 million Series B funding round, with participation from ParaFi Capital, Tribe Capital, Point72 Ventures, CMT Digital, Lightspeed Faction, BITKRAFT Ventures, and Makers Fund. The funds will primarily be used to advance the mainnet launch, build a ZK validity proof system, and progress the Stage 2 decentralization process. Matrix is built on the Facet technology stack and is compatible with the BNB Chain PoSA consensus, featuring no centralized sequencer and no administrative privileges, with transaction order determined directly by the BNB Chain. The official statement claims that this can effectively increase the throughput of the BNB ecosystem by 3-5 times. Currently, Matrix's testnet Phase 1 was launched on October 3.

U.S. Securities and Exchange Commission
Oct 25th, 2026
EDGAR Filing Documents for 0001872988-21-000001

EIN.: 000000000 | State of Incorp.: DE | Fiscal Year End: 1231Type: D | Act: 33 | File No.: 021-409354 | Film No.: 211158138

Swipeline
Sep 24th, 2026
Istanbul's Circle Games raises $25M Series A led by Tencent to expand mobile puzzle game portfolio

Istanbul-based mobile gaming studio Circle Games has raised $25 million in a Series A round led by Tencent. Existing investors e2vc, BITKRAFT, APY Ventures, and a16z Speedrun also participated. The funding brings the company's total raised to $32.25 million. Circle Games previously secured $7.25 million in a seed round completed in July 2025. Following that investment, the studio launched its first puzzle game, Sort Express, globally. The company plans to expand its recently released game Jelly Escape into different markets whilst Sort Express continues its worldwide growth. Circle Games aims to at least double its workforce in the coming period and develop new mobile games to broaden its product portfolio. CEO Göktürk Balıkcı said the team's approach has proven successful. BITKRAFT Ventures partner Jasper Brand noted the studio scaled from a single MVP to eight-figure revenue within one year.

Crypto Games 3D
Aug 25th, 2026
Cambria V0.4 rewrites dungeon payouts: Survival now delivers the biggest rewards.

Cambria V0.4 rewrites dungeon payouts: Survival now delivers the biggest rewards. Cambria released V0.4, subtitled Dungeons Hardcore, on August 22, 2026, restructuring the reward logic of its extraction dungeon mode. The update shifts the primary reward determinant from depth progression to successful extraction, altering the risk-reward calculus for players. Players who clear a run receive Cut Gems valued at 1,000 Dungeon Keys each, equivalent to approximately $100 in stake value at an exchange rate of 10 Keys per $1 USDC. This structure incentivizes defensive loadouts and measured decision-making over aggressive, high-risk strategies. Patch V0.4 (Dungeons Hardcore) Survival-based rewards, Necromancy, win Cut Gems (1000 keys ea) on runs for clearing, new Side Rooms. pic.twitter.com/GEAuI9AKRp - Cambria (坎布里亚) (@playcambria) August 22, 2026 The update introduces Necromancy as a new mechanical layer alongside the existing three combat classes (melee, ranged, magic) and three loadout archetypes (glass cannon, hybrid, tank). Side Rooms expand procedural generation by adding variable encounters between main floors, increasing run diversity. Dungeons has become the primary volume driver for Cambria's ecosystem. Players have risked $5 million in Keys across more than 242,132 completed runs as of August 5, 2026, a fivefold increase from the $1 million reported on June 30. The mode recorded 133,500 fishing casts and 87,900 gems appraised during the same period. Daily risked volume in Dungeons reached an all-time high of $625,000 on August 5. Cambria surpassed $10 million in weekly game volume during the week of August 10, marking its highest weekly performance to date. Lifetime risked volume across all modes now exceeds $160 million. The Duel Arena has processed over $25 million in wagers within a two-month span. Gold Rush Season 3 generated $1.7 million in risked value over ten days. On August 13, 2026, Cambria secured $2 million in strategic financing led by BITKRAFT Ventures with participation from Sky Mavis, the studio behind Axie Infinity. The capital will accelerate development of the risk-to-earn MMORPG ecosystem. The project has raised $4.5 million to date from investors including BITKRAFT and 1kx. The $RSGP token is scheduled for launch in September 2026, timed alongside the Genesis mainnet and Gold Rush Season 4. The token functions as the governance layer for treasury management, enables staking for fee reductions, and provides guild advantages. A Loot Chest airdrop program evaluates wallets based on a Degen Score reflecting Solana transaction activity, Polymarket positions, and perpetual token operations. Cambria operates as a browser-based MMO developed by Tempest Labs, drawing design influence from RuneScape and Ultima Online. The game runs across Ronin, Blast, and Abstract networks. Player conversion from total users to paying participants stands at 26%. The platform has generated over $160 million in on-chain volume and more than $3 million in revenue without relying on token emissions. Create a new perspective on life. Your Ads Here (365 x 270 area) Purchase Now

Startup Rise Asia
Aug 20th, 2026
Appcharge raises $26M led by Creandum to expand direct-to-consumer gaming platform

Israel-based Appcharge has raised $26 million in Series A funding led by Creandum, with participation from Supercell, BITKRAFT Ventures, Moneta Ventures, and Corundum, alongside existing investors Play Ventures and Glilot Capital Partners. The company provides a direct-to-consumer platform for mobile game publishers to build web stores and sell in-game items whilst bypassing traditional app store fees. Appcharge processes $200 million in direct-to-consumer sales annually and reported 3x growth in the last quarter. The platform offers customisable web stores with engagement features such as accumulation bars, coupons, and daily bonuses. Appcharge recently launched an in-game payment SDK for Unity, Android, and iOS. The funding will support platform development and innovation, including AI tools and new payment methods to help publishers maximise revenue and strengthen player relationships.

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