Bitkraft Ventures expands to Asia for game investing
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Bitkraft Ventures, a venture capital fund focused on games, is expanding to Asia for its gaming investments.
Bitkraft has been one of the most active gaming VC funds lately, according to research by Drake Star Partners.
Today, the company announced its expansion into Asia with the addition of Jin Oh as partner and Jonathan Huang as principal. It already has a track record of investments in Asia including Tier1, Nerdystar and Tatsumeeko.
The fund said the move to establish a team in the region is a testament to the size of the Asian gaming market as well as the increasing entrepreneurial activity in the region within the gaming industry. These key hires also round out Bitkraft global presence which includes leadership in Europe, North America, and Africa.
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Oh and Huang bring extensive experience and expertise in the Asian market, which will help Bitkraft identify and invest in promising gaming and interactive entertainment startups in the region across both Web2 and Web3 gaming.
Based in Seoul, South Korea, Oh is the former president of worldwide publishing at Riot Games. He was also CEO of Garena (Sea Ltd.), and managing director at Blizzard Entertainment.
In the last decade, Oh has led global teams of up to 2,000 people and helped launch some of the biggest entertainment titles, including League of Legends, Valorant, Team Fight Tactics, Free Fire, World of Warcraft, and Starcraft. As a partner at Bitkraft Ventures, Oh will be
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