Argentina builds great games. But most studios bootstrap or get acquired. Dedicated gaming VC is thin. Here are 11 investors and funding paths for Buenos Aires game studios in 2026.
Argentina is home to more than 100 game studios, and most of them export their work and fund themselves. Few of these teams raise venture money, and a good number end up acquired rather than backed by a fund.
A handful of dedicated funds do put money into local studios, and global gaming funds are increasingly watching LatAm for talent. As you pitch those funds and publishers, Ellty puts your deck and data behind one shareable link.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Transcend Fund | Global gaming-specialist VC | ~US$1M-$5M | Mobile, PC, console, mixed reality | transcend.fund |
| Mika Games | Mobile-games specialist fund | ~US$1M-$3M | Mobile, live-service games | mika.games |
| The VR Fund | XR/immersive VC | Seed-stage | VR, AR, immersive gaming | thevrfund.com |
| Animoca Brands | Web3-gaming fund / acquirer | Strategic, varies | Web3 gaming, metaverse | animocabrands.com |
| Embracer Group | Publisher / strategic acquirer | M&A scale | PC and console studios | embracer.com |
| Bitkraft Ventures | Global gaming-specialist VC | Seed to growth | Games, gaming infra, esports | bitkraft.vc |
| Makers Fund | Global gaming-specialist VC | Seed to Series B | Game studios, gaming tech | makersfund.com |
| Griffin Gaming Partners | Global gaming-specialist VC | Seed to growth | Games, gaming infrastructure | griffingaming.com |
| a16z Games | Global gaming VC | Seed to growth | Games, gaming tech, AI | a16z.com |
| Konvoy | Global gaming-specialist VC | Seed to Series A | Games, gaming infra and tools | konvoy.vc |
| Globant Ventures | Argentine corporate VC | ~US$0.5M-$4M | Gaming-adjacent, AI, SaaS | globant.com |
Pitch funds and publishers from one link
Gaming backers check the team and the live numbers fast. Ellty shows who opened your build and deck so you follow up first.
Start free 14-day trialWhat a gaming investor backs
Gaming investors want a hit-making team, and a live game is the clearest proof that you can ship one. They study retention and spend closely, because the players you win have to keep coming back.
A clear vision for the game is what ultimately wins them over, and a sharp pitch deck helps you carry it. Ellty gives each fund a single link, so you can see exactly who opens your deck and when.
We invest in Agonalea not just with capital but with strategic support to help them build standout mobile games.
11 Buenos Aires gaming investors
1. Transcend Fund
Transcend backs games across platforms.
Recent Activity: Led Argentine-founded Eggscape's 2024 seed
Sector Focus: Mobile, PC, console, mixed reality
Stage Focus: Pre-seed, seed
Check Size: ~US$1M-$5M
Location: USA
Website: transcend.fund
2. Mika Games
Mika Games backs mobile game studios.
Recent Activity: Backed Argentine studio Agonalea in 2025
Sector Focus: Mobile, live-service games
Stage Focus: Seed, soft-launch
Check Size: ~US$1M-$3M
Location: Nicosia, Cyprus
Website: mika.games
3. The VR Fund
The VR Fund backs immersive games.
Recent Activity: Co-invested in Eggscape's 2024 seed
Sector Focus: VR, AR, immersive gaming
Stage Focus: Seed
Check Size: Seed-stage
Location: USA
Website: thevrfund.com
4. Animoca Brands
Animoca backs web3 gaming and bought Pixowl.
Recent Activity: Acquired Buenos Aires studio Pixowl
LinkedIn: Animoca Brands LinkedIn
Sector Focus: Web3 gaming, metaverse
Stage Focus: Seed, strategic
Check Size: Strategic, varies
Location: Hong Kong
Website: animocabrands.com
5. Embracer Group
Embracer buys and runs game studios.
Recent Activity: Acquired Nimble Giant in 2020
Sector Focus: PC and console studios
Stage Focus: M&A, control
Check Size: M&A scale
Location: Sweden
Website: embracer.com
Give each gaming fund one trackable link
Ellty logs when a fund opens your data room. Chase the keen ones first, not days too late.
Start free 14-day trial6. Bitkraft Ventures
Bitkraft is a top global gaming fund.
Recent Activity: A global gaming fund open to LatAm
Sector Focus: Games, gaming infra, esports
Stage Focus: Seed to growth
Check Size: Seed to growth
Location: USA and global
Website: bitkraft.vc
7. Makers Fund
Makers Fund backs game studios worldwide.
Recent Activity: A global gaming fund open to LatAm
Sector Focus: Game studios, gaming tech
Stage Focus: Seed to Series B
Check Size: Seed to Series B
Location: USA and global
Website: makersfund.com
8. Griffin Gaming Partners
Griffin is a dedicated gaming VC.
Recent Activity: A global gaming fund open to LatAm
Sector Focus: Games, gaming infrastructure
Stage Focus: Seed to growth
Check Size: Seed to growth
Location: Los Angeles, USA
Website: griffingaming.com
9. a16z Games
a16z runs a dedicated games fund.
Recent Activity: A global gaming fund open to LatAm
LinkedIn: a16z LinkedIn
Sector Focus: Games, gaming tech, AI
Stage Focus: Seed to growth
Check Size: Seed to growth
Location: Menlo Park, USA
Website: a16z.com
10. Konvoy
Konvoy backs games and gaming tools.
Recent Activity: A global gaming fund open to LatAm
Sector Focus: Games, gaming infra and tools
Stage Focus: Seed to Series A
Check Size: Seed to Series A
Location: Denver, USA
Website: konvoy.vc
11. Globant Ventures
Globant Ventures watches the gaming space.
Recent Activity: An Argentine VC near the gaming scene
Sector Focus: Gaming-adjacent, AI, SaaS
Stage Focus: Seed
Check Size: ~US$0.5M-$4M
Location: Buenos Aires, Argentina
Website: globant.com
Why studios bootstrap or sell
Many of the top Argentine studios grew without venture money, and Etermax built itself into a profitable business that way. When the big exits came, they arrived through M&A rather than rounds, with Embracer and Animoca buying their way in.
Venture capital is only one path among several, and it is rarely the default for a Buenos Aires studio. For a different angle on local funding, see our AI investors guide as well.
Ellty shows you who actually studies your deck instead of leaving you guessing. You can track every open in one place and follow up while the interest is fresh.
How global gaming funds engage
Specialist funds are watching LatAm closely, though few of them have signed Argentine deals yet. The region's talent keeps drawing their attention, and a single breakout studio could change how fast that money moves.
The way in is to pitch them with a clear, demonstrable hit rather than a concept. Keep your investor relations warm so you stay on their radar between updates.
Ellty logs who reads your numbers and how long they spend there. That signal tells you which funds are showing real intent versus polite interest.
Raising game money in Argentina
Line up both funds and publishers, because each one finances games on different terms. Knowing who funds what lets you tailor the ask before you ever get on a call.
Run clean due diligence prep early, since it builds trust faster than scrambling later. Keep every document in one virtual data room so you can share the whole package in a single click.
Ellty logs each read with document analytics so you know what landed. You can also lock sensitive files with granular permissions and decide exactly who sees what.
How to pitch a gaming investor
Show a hit-making team.
- 1.Show a hit-making team.Lead with the games your team has already shipped and the results they earned. Investors back people who have proven they can finish and launch a hit.
- 2.Show retention and spend.Walk them through the numbers that prove players keep coming back and paying. Strong retention and spend curves do more to win a fund than any promise about the roadmap.
- 3.Name your raise and runway.State exactly how much you are raising and how many months it buys you. A tight, specific ask signals that you understand your own burn and plan.
- 4.Send one Ellty link to your data.Share a single trackable link that holds your deck, metrics, and build in one place. You then see who digs in, so you can follow up with the funds that actually engaged.
How Ellty helps you land a gaming investor in Buenos Aires
You have your BA gaming list ready. Set up a data room before the first call.
- 1.Upload your deck, metrics, and build.Set access per fund.
- 2.Share one trackable link per fund.Each fund gets a unique link.
- 3.Watch opens and reply on time.Use analytics to time each nudge.
Buenos Aires gaming investor questions
- A few funds and publishers. Many studios self-fund.
- Very little of it. Most capital is foreign.
- Bootstrapped or acquired. Embracer bought Nimble Giant.
- A hit-making team. Strong player retention.
- Rarely in AR yet. They watch the talent.
- Before your first investor call. Track who opens your numbers.
