Laton Ventures, a venture capital firm specializing in gaming and apps, has successfully closed its first fund at $50 million. Founded by Görkem Türk, the Istanbul-based firm now manages the largest gaming and apps-focused fund in Türkiye, a country that has emerged as a key global hub for the gaming industry.
“Türkiye has become one of the prominent global hubs for the gaming industry,” Türk stated in a release.
Laton Ventures will globally invest in pre-seed and seed-stage gaming startups while also backing non-gaming app companies. Remarkably, the firm, distinguished by its discretionary hands-on operational support model, has experienced significant growth and traction in nearly half of the companies it invested in within its first year.
In just a year, Laton Ventures ranked among the global top 10 most active pre-seed and seed-stage gaming VC funds. Its portfolio includes a diverse set of companies, from cutting-edge mobile gaming studios to innovative social gaming platforms.
Among its early investments, Turkish mobile gaming company Grand Games secured a $30 million Series A round just nine months after its founding. Another portfolio company, which also raised a Series A round, remains undisclosed.
Laton Ventures is backed by over 40 exited gaming/tech founders and industry veterans spanning more than 10 countries, including founders and former executives from Peak, Gram, Loop, and Huuuge.
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