A New Gaming Sector Investment from Boğaziçi Ventures: Arvis Games
Turkey’s innovative venture capital company Boğaziçi Ventures has added Arvis Games to its portfolio as the lead investor with an investment of USD 400,000.
To date, Boğaziçi Ventures partners and team have made investment decisions in over 100 technology companies. They play an active role in technology entrepreneurship, supporting founders with mentorship and know-how transfer on their journey to international success. The founding partners’ experience in the gaming sector, along with their ongoing active presence in the ecosystem, makes a significant contribution to the rapid and sustainable growth of both invested companies and the gaming fund.
With successful investments in the gaming sector and the start-ups it has supported, Boğaziçi Ventures has become one of Turkey’s leading venture capital investment companies, with gaming companies holding a prominent place in its portfolio. Out of a total of 25 portfolio companies, 10 operate in gaming and related fields.
Announcing its investment in Arvis Games, one of the pioneering studios in the mid-core gaming segment, Boğaziçi Ventures led the seed investment round, which was also joined by Re-pie and an angel investor. The round was successfully completed with a total investment of USD 500,000.
Expanding Investment Momentum
After attracting attention in the first half of 2023 with striking investments across different verticals, Boğaziçi Ventures continues to maintain the same innovative momentum in the second half of the year. Through its BV Growth Fund, which focuses on healthtech, edtech, gaming, fintech, and retail technologies, Boğaziçi Ventures aims to maximize the growth potential of its portfolio companies. By anticipating future technological and innovative trends, it provides strategic guidance and operational support to ventures in these areas.
With its seed-round investment of USD 400,000 in Arvis Games, Boğaziçi Ventures has further strengthened its success story in the rapidly changing and expanding gaming industry. Arvis Games operates from both Canada and Istanbul and was founded in 2019 by Atakan Cankorur, Simon Karataş, Tuna Pamir, and Arda Çevik.
About Arvis Games
Arvis Games focuses on strategy games, which are distinguished by deep game mechanics and long-term player engagement, giving the company a strong position in the industry. Combining Turkey’s gaming potential and mass-market appeal with a detailed game design approach, Arvis Games stands out among its competitors.
The studio has already made a remarkable global debut with “Board Royale”, a board game with 9 expansion packs. With its advanced software infrastructure, Arvis Games has developed technology that enables rapid prototyping, development, and testing of mid-core games. Currently, the team is working on a mobile card game set within the Board Royale IP universe.
Co-founder Simon Karataş commented on the investment:
“Mid-core games, which can deliver the strongest gaming experiences to the widest audiences, will dominate the near future. We are rapidly moving toward creating a global IP by combining our strong game design capabilities with Turkey’s know-how in rapid prototyping and testing. Having a powerful institution like Boğaziçi Ventures, with its gaming expertise and network, on board is extremely valuable for us.”
Co-founder and CEO Atakan Cankorur added:
“Since the day we were founded, Arvis Games has strived to offer players experiences that cannot be lived in real life. We believe these experiences can only be created in mid-core and higher-level games. Just as Turkey has achieved significant success in other fields, we are confident it will do the same in mid-core. As Arvis Games, we are working to be the accelerator of this process.”
Boğaziçi Ventures’ Ongoing Mission
By strengthening the national entrepreneurship ecosystem and supporting innovative projects, Boğaziçi Ventures continues to achieve groundbreaking successes. Through its venture investments and technology-focused funds managed under its subsidiary BV Portföy, the company will carry on shaping disruptive innovations throughout the remainder of 2023.