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The Games Fund is a specialist early stage VC fund which invests in video game developers.
Juicy Button Games will use the investment to develop a mobile-first, innovative 4x strategy from its headquarters in Limassol. Juicy Button Games, which is a European studio, has assembled an elite founding team that has created mobile games with a combined gross of over $700M. Each co-founder has a different skill set that they bring to Juicy Button Games. They combine this to create a perfect blend of 4x mechanics at the top level, an slick and creative user experience as well as data-backed marketing. They are:
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Alexander Kravchuk. Alexander Kravchuk is a mobile gaming veteran of over 20 years with a vast amount of experience. He created Total Battle, an MMO strategy game with yearly revenue of $222M and a total of 43M unique players.
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Anton Sinelnikov. Anton Sinelnikov is the cofounder and director of game design at Cubic Games. The company was acquired by Nexters for $100 million in 2022. Cubic Games’ most famous mobile FPS is Pixel Gun 3D. It has earned over $220M in mobile revenue and received 190M downloads. Anton is an angel investor in Juicy Button Games seed round, alongside The Games Fund.
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Aleksandr Zaytsev. Aleksandr Zaytsev is the cofounder of Panoramik Games. The studio specializes in mobile fantasy games such as Mighty Party. Panoramik Games has more than 70M downloads and a lifetime revenue of $180M.
Alexander Kravchuk is the co-founder of Juicy Button Games.
“To launch Juicy Button Games we brought together four key elements: leading-edge marketing expertise, cutting edge tech, massive knowledge of game design, and smart financial capital. We have all been in the gaming industry for many decades, and we’ve built companies that are best in class. We merged our expertise and resources to create the best 4x Strategy game available. We are ready to launch and scale high-quality, juicy, and deep games that players can enjoy for many years. “We have known the Games Fund team for many years and we are excited to work with them as our initial investor on this journey from Cyprus top charts to global.”
Ilya Karpinskiy is the co-founder of The Games Fund and its General Partner.
“At The Games Fund, we believe in the mobile gaming market. If you want to be successful in the red sea, you need to be a shark. Alexander, Anton and Aleksandr have proven track records in their respective domains, with top-grossing titles under their belts. It is hard to imagine a more talented founding team with such a lofty goal. We are committed to connecting the untapped opportunities in Europe’s gaming scene with the global industry, from South Korea to the United States! We are both proud and humbled to know that young and experienced founders have chosen TGF as their initial investor. We can’t wait for them to build global companies!”
The Games Fund raised $50 million for investments in gaming companies in emerging markets of Central and Eastern Europe. These include ROAR Games and Obelisk Studio.
