Private Equity

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MY.GAMES Venture Capital

MGVC is the venture arm of MY.GAMES, investing seed-to-early-stage capital in video game studios worldwide from Limassol, Cyprus.

MY.GAMES Venture Capital logo

MY.GAMES Venture Capital

MY.GAMES Venture Capital was formed as the investment vehicle of the MY.GAMES publishing business, focusing on providing capital and operational support to early-stage game developers. The firm is based in Limassol, Cyprus, and functions as a strategic investor, leveraging the parent company's resources in game design, marketing, and production to accelerate studio growth. MGVC targets seed and start-up stage mobile game developers globally. The firm structures its engagements to provide portfolio companies with direct access to publishing infrastructure, marketing expertise, and a network of approximately 1,500 professionals within its partner ecosystem. In 2023, MGVC hit its 57th deal by investing approximately $2 million into two European studios (per firm website, 2023). The firm has also partnered with Google and Amazon Web Services to run the Game Drive accelerator program, which identifies and supports mobile game projects with additional investment capacity. Operating with a lean team of around 25 investment and operating specialists, MGVC leverages the scale of its parent's player base and publishing channels. Beyond direct equity investments, the firm provides portfolio studios with support in business development, HR, and project management. In 2023, the firm opened a new investment cycle, and in early 2024, it introduced MGVC Publishing to help mobile game developers scale globally through publishing services and market access. MGVC's structure represents the vertical integration of a corporate venture capital platform within a full-scale game publisher. This hybrid model — combining a dedicated venture team with the distribution and live-ops horsepower of a publisher — differentiates it from pure financial VCs in the gaming space. The firm integrates its investment activity directly with the parent's publishing pipeline, meaning portfolio companies can graduate into full publishing partnerships within the same organization.

Website
mgvc.com

General information

Firm type

Private Equity

Year founded

AUM

Undisclosed

Location

Region

Europe

Country

Cyprus

City

Limassol

Corporate office

Limassol, Cyprus

Sector focus

GamingMedia & Entertainment

Frequently asked questions

Is MGVC a financial investor or a strategic investor?

MGVC operates as a strategic investor. Its model integrates portfolio companies into the MY.GAMES publishing ecosystem, offering operational support in game design, marketing, user acquisition, and live operations. This goes beyond passive financial backing to actively increasing a studio's distribution reach and production capability.

How does MGVC source deal flow?

MGVC sources proprietary deal flow through its parent's game developer network — a community of approximately 1,500 professionals — and its accelerator programs. The Game Drive program, co-run with Google and Amazon Web Services, surfaces mobile game studios globally and can lead to direct investments from MGVC.

What investment stages does MGVC target?

MGVC targets early-stage companies, focusing specifically on seed and start-up phases. The firm aims to back mobile game developers who can benefit from its parent's publishing scale to grow from early development into global markets.

Does MGVC participate in fund commitments or only direct deals?

Available information describes MGVC making direct equity investments into game studios. There is no public disclosure of the firm participating in fund-of-fund commitments or acting as a limited partner in external venture funds.

What is MGVC's known posture on co-investments alongside external investors?

MGVC does not publicly detail its co-investment posture. Given its structure as a strategic corporate venture arm, deals likely involve direct company stakes where MGVC can integrate the studio with MY.GAMES publishing resources, though the presence of third-party capital in rounds is not precluded.

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