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Fund profile

MGVC (MY.GAMES Venture Capital)

MGVC (MY.GAMES Venture Capital)

Amsterdam, Netherlands

Leading

About

MGVC (MY.GAMES Venture Capital), formerly known as Mail.Ru Games Ventures, is the investment and publishing division of MY.GAMES — the international game developer and publisher created by Mail.Ru Group, now VK. Founded in 2017 with offices in Amsterdam and Moscow, MGVC operates a $100 million fund investing globally in game studios, publishers, infrastructure platforms, and supporting technologies from seed through Series B. The firm has been recognized among the top 10 gaming venture funds globally. Check sizes range from $100,000 to $10 million, and the firm leads rounds. The team of 11 includes Executive Director Nikita Matsokin and Operations Director Michael Isidorov, supported by 25 or more investment specialists. Since inception, MGVC has invested in 57 game studios across the globe. Portfolio companies include Reef Games, Bring It On!, The 4 Winds, DC1AB (Portugal, co-invested with Global Top Round), AMT Games (Switzerland), Tworogue Games, and Wideview Games. The portfolio has produced 1 unicorn (Vox Media) and 2 acquisitions including BIT.GAMES. MGVC also launched MGVC Publishing, a mobile game publishing branch, whose title Fable Town surpassed $5 million in lifetime revenue by June 2025. The firm has built a community of 1,500 professionals across its partner portfolio. MGVC's value proposition to studios extends well beyond capital: the firm provides funding for scaling, mentorship from experienced game development practitioners, and access to MY.GAMES' global distribution infrastructure and operational expertise. Portfolio founders benefit from the parent company's proven track record in game development, live operations, and player acquisition across multiple markets and platforms.

Details

Average check

$100K-$500K
$500K-$1M
$1M-$3M
$3M-$10M

Round

Seed
Series A
Series B

Previous Investments

GamingMedia, Events & EntertainmentSoftware & AppsVR & AR

Geo focus

EuropeUSAAsia-Pacific

Highlights

57

Investments

Gaming

Software & Apps

VR & AR

Media, Events & Entertainment

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Website

mgvc.com

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