Corporate VC

Forgame Holdings Limited

Investment Details

Investor Type
Corporate VC

Asset Class Focus
Crypto, Venture Capital

Stage Focus
Early Stage, Growth, Late Stage

Geographical Focus
United States, United Kingdom, Canada, Germany, Hong Kong, Japan, Australia, China, India, Brazil, France, Italy, Spain, Mexico, South Korea, Netherlands, South Africa, Russia, Sweden, Norway, Finland

Industries Focus

  • Technology
  • Media
  • Software
  • FinTech
  • E-commerce
  • Cryptocurrency
  • Blockchain
  • Gaming
  • Digital Media
  • Entertainment
  • Semiconductors
  • Electronics
  • E-Sports
  • Mobile Applications
  • Virtual Reality

Investment Size:
1,000,000 to 50,000,000 USD

Investor Details Founded: 2009

Forgame Holdings Limited is a prominent developer and publisher of online and mobile games, established in 2009 and headquartered in Shenzhen, China. The company has expanded its operations to include a growing mobile game business and has also ventured into the fintech sector. In December 2016, the company secured a license to operate an internet micro-lending business in the PRC. More recently, in 2019, Forgame began exploring opportunities in e-sports and virtual reality. Beyond gaming and fintech, the company is also involved in the trading of electronic devices and semiconductors. Despite its historical success, recent financial reports indicate challenges, with the company reporting a net loss for the first half of 2025.

Forgame's gaming portfolio includes a variety of web and mobile games, with a distribution network that includes partnerships with major web platforms like Tencent and Qihoo360. The company's publishing platform, 91wan, has released numerous self-developed and licensed web games, attracting a substantial number of registered players. The company has also ventured into the fintech sector, acquiring the smart wealth management platform Jianlicai in 2017, which has accumulated over 8 million registered users and a cumulative transaction volume of more than RMB78 billion.

In recent developments, Forgame announced a change in its principal place of business in Hong Kong, effective from April 1, 2025. The company has also appointed Strategic Public Relations Group to manage its investor relations and public communications program in Hong Kong. Additionally, Forgame welcomed a new executive director, Mr. Zhou Xiaoyu, effective from August 2, 2024, indicating ongoing strategic adjustments within the company.

Requirements
  • Focus on blockchain and cryptocurrency projects
  • Support the growth of the digital asset ecosystem
  • Invest in early-stage to late-stage ventures
  • Geographical focus on China, Hong Kong, and select international markets
  • Interest in technology, gaming, fintech, and related industries
Contact

[Official Website Hidden]

[HQ Location Hidden]

Portfolio Companies
  • Jianlicai
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