GXC, the South Korean gaming technology developer, has created a corporate fund to invest in video game-related companies.
South Korea-headquartered gaming technology provider GXC has formed a $40m corporate venturing fund called Round Ventures.
The Singapore-based Round Ventures seeks to back video game-related companies, providing between $2m and $8m per deal and focusing on those already generating revenues. It intends to invest alongside co-investors in rounds sized at about $10m to $50m.
The fund will also be holding an investment summit next month in South Korea titled…
