Bitkraft Ventures has raised $275 million for a third fund for early-stage investments in gaming and interactive media companies.

Bitkraft Venture Fund 3 succeeds the company’s two prior early stage equity venture funds. Bitkraft Venture Fund 3 will continue to invest in studios, platforms, and technology globally within the gaming and interactive media space at the seed and Series A stages.

Once closed, this fund will bring Bitkraft Ventures’ total assets under management to over $1 billion. It is the second game VC fund in a week to be announced, in addition to the $35 million Laton Ventures.

Grounded in its vision of synthetic reality, Bitkraft believes in the transformative power of digital experiences, shaping the future of entertainment. With a core belief that humanity is increasingly immersing itself in digital realms, Bitkraft recognizes game companies as central to this development, driving the evolution of digital entertainment.