News
Former Miramax Boss Bill Block Launches Micro-Drama Streaming Platform GammaTime With $14M In Funding
23 October 2025
In their first round of financing funding, the trio has raised $14 million from lead investors vgames and Pitango, along with funds from Alexis Ohanian, Kris Jenner, Kim Kardashian and Traverse Ventures.
Game, Sett, funding: A startup building AI agents for game development emerges from stealth with $27M
7 May 2025
Games drove the creation of GPU processors back in the 1990s, so it’s only fitting that artificial intelligence — the technology that...
"בתעשיית הגיימינג יש 14 אלף עובדים. כ-2% מהתוצר הישראלי הוא גיימינג"
23 December 2024
איתן רייסל, שותף מנהל, Vgames אמר את הדברים בפאנל בוועידת הגיימינג של כלכליסט בשיתוף גוגל ופלייטיקה. בפאנל השתתפו ליאור קינן, סמנכ"ל בכיר אסטרטגיות צמיחה, פלייטיקה, ואור גילרון, מייסד משותף ומנכ"ל Innplay Labs. לדבריו: "60% מהשחקניות שלנו הן נשים, אבל אין כמעט פאונדריות"
Israel’s gaming industry employs 14,000 workers and makes up 2% of the GDP
23 December 2024
Eitan Reisel, Managing Partner of vgames, spoke at Calcalist's Gaming Conference in partnership with Google and Playtika as part of a panel discussion about the current landscape in Israel’s gaming industry.
Vgames raises $142M for its third fund for gaming
18 December 2024
Vgames raised $142 million for its third fund to continue investing in talented gaming teams across the world.
Vgames raises $142 million to fuel global gaming investments
18 December 2024
The Israeli fund doubles down on gaming with its third and largest fund since 2020.
Playtika to acquire mobile game maker SuperPlay for up to $1.95B
18 September 2024
Playtika has agreed to acquire SuperPlay, a mobile gaming company in Israel for a price ranging from $700 million to $1.95 billion.
CEO Wisdom Podcast - Charles Cormier
21 May 2024
Eitan Reisel is a maverick in the vc world. he raised a $300M fund in less than 6 years and invested in the fastest growing gaming companies in the world. Learn about his background and strategies in this interview.
Gaming M&A activity in Q1 2024 outpaces all quarters in 2023 | Drake Star
3 May 2024
Financing for gaming companies is on an upward trend for the first quarter of 2024 according to Drake Star Partners. Both mergers and acquisitions (M&A) transactions and private placements saw modest gains in Q1 2024.
Mountaintop Studios nets Shroud, Zedd and $30M in new funding round
31 January 2024
Mountaintop Studios closed a new $30 million funding round for its untitled tactical FPS debut and locked in several creators and celebrity angel investors. This list includes top creators shroud, tarik, iiTzTimmy, Cohh Carnage, and Sacriel alongside Grammy-Award winner Zedd and the NBA’s Paul George.
Playtika will buy mobile game maker Innplay Labs for up to $300M
14 September 2023
Playtika has agreed to acquire Innplay Labs, a mobile game studio in Israel, for an upfront fee of $80 million and as much as $300 million.
"Israel and Turkey are leading the Middle East gaming industry"
14 September 2023
Eitan Reisel, Founder and Managing Partner at vgames, was talking on a panel at the Calcalist gaming conference in which he was joined by Adam Fisher, Partner at Bessemer Venture Partners, Eze Vidra, Managing Partner at Remagine Ventures and Roi Karo, Chief Risk and Strategy Officer at Fireblocks
NBCU Talent Stars in Ad Campaign for U.S. Game Launch of ‘Match Masters’ From Israel’s Candivore
11 September 2023
Under the tagline "All The Drama You Need," NBCUniversal’s Global Advertising and Partnerships unit and the gaming startup team on custom spots featuring 'Real Housewives' star Dorit Kemsley, 'Barmageddon' host Nikki Garcia, and former 'Top Chef VIP' contestant Chiky BomBom.
Haveli Investments Leads $100 Million Investment into Candivore, Developer of Hit Mobile Game Match Masters
14 August 2023
AUSTIN, Texas--(BUSINESS WIRE)--Haveli Investments, L.P. (“Haveli” or “Haveli Investments”), a technology and gaming-focused private equity firm, today announced that it has acquired...
Candivore’s Match Masters passes $200m, 50m installs as it sets sights on US market
27 July 2023
PvP hit Match Masters has now earned Israeli studio Candivore over $200m in IAP revenue, with over 50m downloads to date.
Scriptic scores $5.7M as it expands its phone-first generative AI content library
29 June 2023
Scriptic (previously ElectricNoir), the immersive storytelling platform, announced Thursday that it raised $5.7 million in funding to expand its catalog of phone-first interactive games created using generative AI tools.
Gaming series, episode 1, Eitan Reisel (Hebrew)
7 February 2023
We host Eitan Reisel, managing partner of the vgames fund - a venture capital fund that invests only in the worlds of games.
ElectricNoir debuts Dark Mode as an AI-generated horror game
18 January 2023
ElectricNoir is launching Dark Mode, an AI-generated horror anthology that is a kind of visual novel or game.
Playstream raises $2M for AI-generated livestream content
10 January 2023
Playstream has raised $2 million for its AI engine that generates the best gaming or any live content from livestreams in seconds. Playstream’s Spikes.gg AI Engine takes hours of content and produces bite-sized content.
How I Raised It with Eitan Raisel of vgames.vc
21 July 2022
This episode is with Eitan Reisel of vgames.vc, an Israeli based VC firm that invests in gaming startups. In this episode, Eitan talks about what gaming sectors are attractive, what he invests...
Gigantic raises $7 million to bring arcade-based claw machines online
12 July 2022
The Israeli startup develops mobile arcade games connected to physical counterparts, with players controlling the real machines through mobile apps
Game on: How Turkey has become a mobile gaming powerhouse
21 June 2022
In the shadow of a shattered economy, Turkey has become a hyper-casual gaming incubator, attracting international venture capital funds and exporting gaming companies that are sold at lofty valuations
Candivore raises $10M for casual multiplayer games
26 May 2022
Candivore, the maker of the popular mobile game Match Masters, has raised a $10 million funding round to make casual multiplayer games.
The 50 most promising Israeli startups - 2022
3 May 2022
The high-tech market has cooled off, so in this year’s list of the 50 most promising Israeli startups we placed a special focus not only on growth and innovative ideas, but also on business models, actual revenue and the ability to realize potential
Dorian’s no-code, interactive storytelling app turns fiction writers into game developers
16 March 2022
As an interactive storytelling platform, Dorian is building a new way for writers to make money off of their fiction by turning their tales into...
VC on Founder StorieZ | Eitan Reisel Managing director Vgames
16 March 2022
Conversation with Eitan Reisel managing director Vgames.
Eitan Reisel - Future of games investing
28 February 2022
In this podcast episode, I’m chatting with Eitan Reisel, Managing Partner of VGames, an early-stage gaming VC from Israel. Eitan and his team have been operating for a few years...
Return Entertainment raises €5.3M to develop cloud-native games
13 February 2022
Return Entertainment announced today it has raised around $6 million (€5.3 million) in a round of funding. It plans to use this funding to continue its development of cloud-native games.
All Fun and Games? Israel’s Gaming Industry Is Blowing Up
24 January 2022
Gaming in Israel is becoming as big as hi-tech. Local firms are rooted in online gambling, producing games designed to extract more and more money out of users
vgames raises second fund totaling $141M to invest in game studios
12 December 2021
The Tel Aviv, Israel-based fund previously raised $60 million in March 2020 to invest in game studios in Europe and Israel.
Z2 vets raise $5M to grow Seattle studio Starform and launch social games
12 August 2021
Seattle-based game studio Starform has raised $5 million. The startup plans to use the money on further development for its first game
Portal-Based Shooter Delayed Because It’s Too Dang Popular
26 July 2021
Splitgate’s servers need to be upgraded before the official launch
Boom Corp. raises $1.8M to make social games like Boom Slingers
25 June 2021
Boom Corp. has raised $1.8 million in seed funding to develop social games that bring people together, much like the ...
Game On: How gaming is transforming Israel’s startup ecosystem - and the world
1 June 2021
This year, the gaming sector is set to make more than the movie and sports industries combined. Here are some of the Israeli superstars leading the sector
Eitan Reisel: From Googler to Gamer
31 May 2021
Israel's gaming sector inspired Reisel to become the Founder and Managing Partner of VGames - the country's first ven...
1047 Games raises $6.5M to develop free-to-play shooter Splitgate
24 May 2021
1047 Games has raised $6.5 million to for further development of its free-to-play, Portal-like shooter game Splitgate.
Candivore raises $12 million to boost Match Masters puzzle game
3 February 2021
Candivore has raised $12 million to fund growth for the company’s games such as Match Masters, a mobile match-3 puzzler.
VGames raises $60m for Israel's first games VC fund
16 July 2020
To date VGames has made four investments and plans investing in 15-20 companies in Israel and Eastern Europe.
Game investments in Q2 2020: Fewer deals, but bigger value at $7.8 billion
16 July 2020
The number of game investments and acquisitions in the second quarter of 2020 declined from the first quarter, but the value of the deals was higher, according to data collected by game investment specialist Sergei Evdokimov.
VGames raises $60 million for game-focused investment fund in Israel
15 July 2020
VGames has raised more than $60 million for its game-focused investment fund based in Israel. It’s one of dozens of venture capital and investment funds that have been drawn to the game industry in recent years.
Gigantic raises $7 million to expand online transformation of real world arcade games