Nazara to invest $2.5 M in US-based game fund Bitkraft

Publicly listed Nazara Technologies is to invest USD 2.5 million in US-based game fund Bitkraft Ventures. Of this, USD 875,000 will be invested upfront, while the balance investment amount of USD 1.625 Million will be deployed over a period of three years. Bitkraft Ventures is a leading investment platform for gaming and Web3 / blockchain projects globally. With the investment, Nazara aims to build a network with Limited Partners ("LPs") as well as the investee companies to gain access into the global gaming ecosystem.