Monday, March 6, 2017

Joyme Capital Launches $360M Video Game Investment Fund

Joyme Capital, an investment fund which has its U.S. headquarters in Bellevue, but is a unit of Chinese company Joyme Group, said today that it has launched a new video game investment fund with partner Kee Ever Bright Technology. The fund is initially capitalized at $140M, but will grow to $360M, according to the firms. The companies said they will focus on investment opportunities in game development, game distribution, e-sports and other businesses related to the creation and publishing of mobile and PC video games. The company has its U.S. headquarters in Bellevue, at Bellevue Place / Bank of America Tower.