A gaggle of video games business professionals have launched the Gamedev Fund.
The early-stage funding fund intends to help European recreation makers creating PC and console titles.
Aras Pranckevičius, Mantas Puida, and Renaldas Zioma based the fund. The founding crew additionally contains Valdemar Bučilko, Vilmantas Balasevičius, and Vytautas Dobilas.
At the moment, the Gamedev Fund’s studio investments will vary from €100,000 ($107,000) to €500,000 ($535,000) on a case-by-case foundation.
“We are able to relate to recreation builders, we perceive their wants and the way it feels to be in a founder’s footwear,” stated Dobilas.
“We all know how difficult it’s to amass funding on your indie recreation, that’s the reason we got here collectively and picked up the funds to help so many groups on the market trying to ship their video games.”