Venture Capital

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WePlay Ventures

We are a Gaming VC that invests in early-stage game studios in Eastern Europe and Central Asia. We invest in early-stage Mobile, PC, Console and Web game

WePlay Ventures logo

WePlay Ventures

We are a Gaming VC that invests in early-stage game studios in Eastern Europe and Central Asia. We invest in early-stage Mobile, PC, Console and Web game

General information

Firm type

Venture Capital

Year founded

2020

Location

Region

Middle East

Country

Turkey

City

Istanbul

Corporate office

Istanbul, Turkey

Frequently asked questions

What investment stages does WePlay Ventures target?

WePlay Ventures focuses on pre-seed through Series A stages, primarily for mobile gaming studios and gametech startups. The firm structures initial checks to align with the capital-light development cycles typical of gaming, where studios can validate product-market fit before raising larger rounds. Later-stage participation has been observed but is not the primary mandate.

How does WePlay source deals in the gaming sector?

WePlay leverages Istanbul's dense network of gaming studio founders, many of whom previously worked at anchor companies like Peak Games or Gram Games. The firm also operates a publisher-accelerator model that provides user acquisition and live-ops support, attracting early-stage studios that need operational guidance alongside capital. This creates proprietary deal flow before studios formally market their rounds.

Does WePlay invest outside of Turkey?

Yes. While Istanbul is its headquarters and primary deal hub, WePlay invests across Eastern Europe and the MENA region. The firm's thesis hinges on mobile-first gaming audiences in these emerging markets, where developer talent is concentrated and customer acquisition costs remain favorable relative to North America and Western Europe.

Is WePlay Ventures structured as a venture capital fund or a gaming publisher?

It operates as a hybrid. WePlay makes direct equity investments like a traditional venture capital fund, but layers on publishing and acceleration services — user acquisition analytics, live-ops design, global distribution support — that resemble a gaming publisher. This dual structure is central to its model and differentiates it from purely financial investors in the gaming space.

Which gaming genres does WePlay prefer?

WePlay has concentrated on mobile gaming, particularly hyper-casual and casual puzzle genres where Turkish studios have demonstrated global scaling capability. The firm evaluates studios based on data-driven user acquisition metrics and the potential to reach top-tier grossing charts in Western app stores. Interest in mid-core and gametech infrastructure rounds out the broader mandate.

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