BITKRAFT Ventures

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.

About BITKRAFT Ventures

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

Industries

Venture Capital

Gaming

Company Size

11-50

Company Stage

N/A

Total Funding

$1.9B

Headquarters

Denver, Colorado

Founded

2017

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Simplify's Take

What believers are saying

  • August 2026 Hulp and June 2026 Acti show active deployment momentum.
  • KRAFTON's June 2026 fund investment validates BITKRAFT's India thesis and expands dealflow.
  • BITKRAFT's own insights platform signals strong sourcing in world models and consumer AI.

What critics are saying

  • Gaming and Web3 remain cyclic; one bad fund vintage hurts BITKRAFT's brand by 2027.
  • Portfolio dependence on tokenized ecosystems exposes BITKRAFT to regulatory crackdowns and liquidity shocks.
  • A16z, Animoca, and Galaxy compete aggressively for scarce frontier founders, compressing ownership.

What makes BITKRAFT Ventures unique

  • BITKRAFT backs games, immersive tech, Web3, and AI from pre-seed through Series A.
  • June 2026 KRAFTON partnership strengthens BITKRAFT's India sourcing, expertise, and distribution.
  • Its portfolio includes Acti, Hulp, and GameRamp, showing consumer AI breadth.

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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

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.

VCCircle
Aug 5th, 2026
InRisk Labs, Hulp, Vingo, Adiabatic tech raise early-stage funding.

InRisk Labs, Hulp, Vingo, Adiabatic tech raise early-stage funding. * 05 Aug 2026 * Listen to Story Risk and reinsurance platform InRisk Labs, AI concierge startup Hulp, customer-to-customer (C2C) marketplace Vingo and battery technology startup Adiabatic Technologies have raised fresh funding. Risk and reinsurance platform InRisk Labs has raised $27 million (around Rs 257 crore) in a Series A funding round co-led by Bessemer Venture Partners and Northpoint Capital. Alongside the funding, its subsidiary EarthRe Insurance IFSC Ltd has secured a reinsurance licence from the International Financial Services Centres Authority (IFSCA). It claimed that it became the first incorporated reinsurer from GIFT City's International Financial Services Centre. The company plans to use the fresh capital to strengthen underwriting, actuarial and AI capabilities, expand into non-life insurance segments, develop parametric and structured reinsurance products, and support EarthRe's regulatory capital requirements. Founded by insurance industry veterans, InRisk Labs develops technology, data and risk intelligence infrastructure, while EarthRe provides reinsurance capacity focussed on India and other Global South markets. The company plans to build a technology-first reinsurance platform specialising in natural catastrophe, climate risk, property, crop, marine cargo and motor insurance by combining catastrophe modelling, climate analytics and AI-driven underwriting with traditional and structured reinsurance products. Hulp, an AI-powered personal assistance and concierge platform, has raised $2.6 million (nearly Rs 25 crore) in a seed funding round led by Sparrow Capital and Bitkraft Ventures, with participation from DeVC (Z47) and individual investors including Yashish Dahiya, co-founder and chairman of PB Fintech. The Gurugram-based startup will use the fresh capital to expand its AI-powered workflows, strengthen its leadership and technology teams, and scale up operations across more Indian cities. Founded in 2026 by Tarun Mathur, Neha Kulwal and Vishal Singh Khutel, Hulp offers human personal assistants backed by AI to help households manage tasks such as government documentation, travel bookings, laundry, kitchen management and event planning through WhatsApp and its mobile app. The company currently operates in Delhi NCR and plans to expand to Mumbai, Bengaluru, Pune, Hyderabad and Chennai. Bengaluru-focused consumer-to-consumer (C2C) marketplace for pre owned products Vingo has raised Rs 10 crore ($1.05 million) in a seed funding round led by IndiaQuotient, with participation from Inuka Capital and Rishabh Goel, founder of Credgenics. The company plans to use the fresh capital to strengthen the platform, to invest in trust and safety infrastructure, to deepen user behaviour research, and to support targeted marketing initiatives. Founded in March 2026 by Parth Sarthi, Saransh Goyal and Krish Vashistha, Vingo enables users to buy and sell pre-owned products such as smartphones, cameras, gaming consoles, fashion items and sports equipment. The startup differentiates itself through features such as identity verification, community-led discovery, escrow-backed payments and bidding, aiming to improve trust in C2C transactions. Adiabatic Technologies has raised Rs 8.3 crore ($870,000) in a seed funding round led by Malpani Ventures, with participation from Avinya Ventures, Appreciate Capital, UPES Runway Incubator, DeVC and Operators Studio. Founded by Darshan Meher, Adiabatic Technologies designs battery systems tailored to specific performance, safety and reliability requirements for industrial use cases. The company develops specialised battery systems for industrial applications such as robotics, drones, defence, warehouse automation and industrial equipment, focussing on customised solutions rather than off-the-shelf batteries.

Entrackr
Aug 5th, 2026
Hulp raises $2.6M to expand AI-powered personal assistance platform across India

Personal assistance and concierge platform Hulp has raised $2.6 million in seed funding co-led by Sparrow Capital and BITKRAFT Ventures, with participation from DeVC (Z47) and angel investors including PB Fintech co-founder Yashish Dahiya. Founded in April by Tarun Mathur, Neha Kulwal, and Vishal Singh Khutel, the Gurugram-based startup offers dedicated personal assistants supported by AI-coordinated operations. Users can delegate tasks across more than 15 categories via WhatsApp or mobile app using voice notes. The platform covers services including government documentation, kitchen management, laundry, gardening, event bookings, and travel arrangements. Hulp currently operates in Delhi, Gurugram, and Noida, with plans to expand to Mumbai, Bengaluru, Pune, Hyderabad, and Chennai. The funds will support AI workflow expansion, senior leadership recruitment, and technology enhancement.

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