Asset Manager

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Gamegroove Capital

Gamegroove Capital, launched in 2019 by serial entrepreneurs and game development veterans turned investors, is an early stage venture capital fund with the...

Gamegroove Capital logo

Gamegroove Capital

Gamegroove Capital, launched in 2019 by serial entrepreneurs and game development veterans turned investors, is an early stage venture capital fund with the focus on early stage investments in the gaming, AI, and web3.

General information

Firm type

Generalist

Year founded

2019

Location

Region

Europe

Country

Ukraine

City

Kyiv

Corporate office

Kyiv, Ukraine

Principals

Vlad Korolev

Founder

Alexander Zoll

Founder

Alina Nilsson

Managing Partner

Marvin Liao

Partner

Sector focus

GamingEnterprise SoftwareAI/MLMedia & Entertainment

Frequently asked questions

Who runs investment decisions at Gamegroove Capital?

Investment decisions sit with the founding and partner group, which includes Vlad Korolev and Alexander Zoll — the co-founders of both Gamegroove Capital and Gunzilla Games — alongside managing partner Alina Nilsson. Partner Marvin Liao, who joined after a tenure as a partner at 500 Startups, adds institutional venture experience to the committee. Operational backgrounds matter: Zoll is the former CEO of Crytek Kiev, and Korolev leads Gunzilla Games. No formal public investment committee structure has been disclosed.

How does Gamegroove Capital source proprietary deal flow?

Sourcing integrates two structural channels: the development pipeline of sister studio Gunzilla Games and the EMERGE Conference network founded by managing partner Alina Nilsson. The EMERGE platform has operated across Central and Eastern Europe and the Middle East since 2018, producing a curated top-of-funnel of early-stage gaming and technology startups that the firm can evaluate directly. This conference-as-origination model means Gamegroove Capital does not depend solely on broker-led or GP-syndicated introductions.

How is Gamegroove Capital related to Gunzilla Games?

Gamegroove Capital and Gunzilla Games share two co-founders — Vlad Korolev and Alexander Zoll — and both sit inside the GamesUp42 Group holding company. Korolev serves as Gunzilla's CEO, while Zoll is its chief strategy officer. The GUN token, developed for Gunzilla's gaming ecosystem, represents a direct operational and economic link between the studio and the investment arm, which has supported token-related infrastructure.

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