My.Games VC invests in three studios
The combined investment amounted to around $3 million
My.Games Venture Capital has announced it invested in Tworogue Games, WideView Games, and Vox Studio.
The combined investment amounted to around $3 million, with MGVC acquiring minority stakes in each studio.
Tworogue is a Moscow-based studio created in 2016. It's currently working on a free-to-play RPG for mobile.
WideView was also founded in 2016 and operates from Minsk, Belarus. It also specialises in the free-to-play mobile market.
Vox Studio doesn't operate in games, and is a voice-based dating app.
MGVC executive producer Nikita Matsokin commented: "We look at the market as a whole and invest in studios that work in genres with high reach and revenue potential. At the same time, we specifically focus on genres that we do not yet have in the My.Games portfolio, which could significantly expand our expertise.
"One of our development goals is to diversify the gaming portfolio to the fullest with the possibility of further integrating the partner studios' products into the group's single ecosystem."
MGVC has invested over $20 million since its inception in 2017.