The mobile gaming industry in Latin America is rapidly expanding, fueled by increasing internet penetration and smartphone adoption. This sector comprises a variety of companies, from indie developers to larger studios, all crafting engaging mobile games in diverse genres. Notably, Latin America is creating unique gaming experiences that resonate with local audiences, blending cultural elements into gameplay. The future looks promising, with rising investment in gaming tech, AR capabilities, and robust multiplayer experiences. As this industry continues to grow, it presents new opportunities for innovation and engagement, setting the stage for a vibrant gaming community across the region.

The landscape of mobile gaming investment in Latin America features a mix of venture capital and corporate investors. Predominantly headquartered in Brazil and Argentina, many firms were founded within the last decade. Notably, investors such as Bossa Invest and NXTP Ventures have made significant contributions, with varied sizes and investment strategies. In 2024, these investors collectively engaged in numerous funding rounds, showcasing an increasing appetite for mobile gaming initiatives. Their approaches reflect a commitment to nurturing local talent and finding innovative solutions in this vibrant sector of technology.

Top 15 Mobile Gaming Investors in Latin America

1. bossa invest

• Website: bossainvest.com
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 56
• LinkedIn: bossainvest

Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly within the technology sector. Bossa Invest supports startups by providing capital, strategic guidance, and access to a network of co-investors. They also offer educational resources for both investors and startups, aiming to empower entrepreneurs and foster growth in the startup ecosystem. Notably, Bossa Invest has been involved in several transactions relevant to the mobile gaming industry, including an investment in Tamatem Games, a mobile games publisher that raised $11M in a Series B funding round. They also participated in funding rounds for QUByte Interactive and Moonwalk, both of which are involved in mobile gaming. These transactions highlight Bossa Invest's active role in the mobile gaming sector, alongside their broader focus on technology startups.

2. Sanctor Capital

• Website: sanctor.com
• Type: Venture Capital
• Headquarters: San Juan, San Juan, Puerto Rico
• Founded year: 2021
• Headcount: 1-10
• Number of deals in 2024: 8
• LinkedIn: sanctor-capital

Sanctor Capital is a venture capital firm based in San Juan, Puerto Rico, founded in 2021. The firm specializes in supporting early-stage projects in the Web3 space, providing mentorship and acceleration services to help founders navigate the challenges of launching their startups. Sanctor Capital has been involved in several notable transactions in the mobile gaming context, including a $4 million investment in Mighty Bear Games, which is developing immersive AAA blockchain games, and a $10 million seed funding round for Overworld, a vibrant cross-platform online ARPG. These investments highlight Sanctor Capital's commitment to fostering innovation in the gaming industry, particularly at the intersection of gaming and blockchain technology.

3. NXTP Ventures

• Website: nxtp.vc
• Type: Venture Capital
• Headquarters: Buenos Aires, Buenos Aires, Argentina
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 4
• LinkedIn: nxtp-ventures

NXTP Ventures is a venture capital firm based in Buenos Aires, Argentina, founded in 2011. The firm specializes in investing in early-stage B2B startups across Latin America, focusing on sectors such as Cloud & SaaS, E-commerce, Fintech, and AI. Notably, NXTP Ventures has also invested in the mobile gaming industry, with significant transactions including TinyBytes Games, which raised $988,000 in a Series A round in 2018 and $400,000 in a Seed round in 2014. Additionally, they invested $280,000 in Widow Games during a Seed round in 2013. These investments highlight NXTP's engagement in the mobile gaming sector, complementing their broader investment strategy.

4. Snackclub

• Website: snackclub.gg
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2021
• Headcount: 51-200
• Number of deals in 2024: 1
• LinkedIn: snackclubgg

Snackclub is a corporate investor based in Sao Paulo, Brazil, founded in 2021. As a gaming community and esports organization, Snackclub focuses on engaging gamers through tournaments and events, providing opportunities for players to compete for crypto prizes and participate in a vibrant community centered around blockchain gaming. In 2022 and 2023, Snackclub was involved in several significant transactions in the gaming sector, including investments in mobile gaming projects. Notably, they participated in the seed funding rounds for Jungle, a web3 game studio developing a mobile NFT shooter game, and Midnight, a gaming company that raised $7.5 million to accelerate growth. Additionally, Snackclub invested in Theia Studios, further demonstrating their commitment to supporting innovative gaming ventures. Their focus on competitive gaming experiences and community interaction positions them as a relevant player in the mobile gaming investment landscape.

5. Infinite Capital

• Website: infinite.xyz
• Type: Venture Capital
• Headquarters: San Juan, San Juan, Puerto Rico
• Founded year: 2017
• Headcount: 1-10
• Number of deals in 2024: 7
• LinkedIn: infinitecap

Infinite Capital is a venture capital firm based in San Juan, Puerto Rico, founded in 2017. The firm focuses on supporting innovative teams at the forefront of decentralized networks and deep tech, providing capital and strategic guidance to entrepreneurs and management teams. In the mobile gaming context, Infinite Capital has participated in notable transactions such as the $5.5 million seed round for Heroes of Mavia, a game that combines elements of strategy and blockchain technology. They also invested in Gunzilla Games, which raised $10 million in an Initial Coin Offering, indicating their interest in gaming projects that leverage blockchain. Other relevant investments include Dynasty Studios and Pixelmon, both of which are involved in gaming and web3 initiatives. This portfolio reflects Infinite Capital's commitment to identifying generational innovations that can redefine the gaming industry.

6. Canary

• Website: canary.com.br
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2017
• Headcount: 11-50
• Number of deals in 2024: 23
• LinkedIn: canary-venture-capital

Canary is a venture capital firm based in Sao Paulo, Brazil, founded in 2017. The firm specializes in early-stage investments across Latin America, providing capital, co-founding assistance, and fostering a strong community of entrepreneurs. Canary has been involved in several notable transactions in the mobile gaming sector, including investments in Joyride Games, Matchday, and Gamers Club, all of which are startups focused on mobile gaming. These investments highlight Canary's commitment to supporting innovative gaming companies and contributing to the growth of the mobile gaming industry in the region. In addition to their gaming investments, they also participate in funding rounds for startups in other sectors, such as insurance with Pier, showcasing their diverse investment strategy.

7. Nexo

• Website: nexo.com
• Type: Corporate
• Headquarters: Georgetown, Demerara-Mahaica, Guyana
• Founded year: 2018
• Headcount: 501-1000
• LinkedIn: nexofinance

Nexo is a financial technology company founded in 2018, specializing in digital asset management and cryptocurrency services. Based in Georgetown, Demerara-Mahaica, Guyana, Nexo offers a platform for users to buy, exchange, and borrow against cryptocurrencies, catering to both individual consumers and businesses. The company provides innovative financial solutions, including a loyalty program and corporate accounts, to enhance the management of digital assets. Nexo has been involved in several notable transactions in the gaming sector, including a $7 million seed funding round for Kaleidoco, a platform focused on metaverse and AR technology, and a $2.1 million seed funding round for Time Shuffle, which also has ties to gaming. Additionally, Nexo participated in funding rounds for other gaming-related projects such as DOMI Online and Arker: The Legend of Ohm, indicating a growing interest in the mobile gaming industry.

8. Go4it Capital

• Website: go4itcapital.com
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2015
• Headcount: 1-10
• LinkedIn: go4itcapital

Go4it Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2015. The firm partners with exceptional entrepreneurs to build innovative global businesses primarily in sports, digital media, and well-being. Go4it Capital focuses on providing both investment and strategic support to help these businesses grow. Among their notable transactions, they invested in Gamers Club, a platform that connects gamers and facilitates competitive gaming, and G2 Esports, a leading esports organization. Additionally, they participated in the funding of Sorare, a fantasy sports platform that combines gaming with blockchain technology. These investments highlight Go4it Capital's active role in the gaming sector, particularly in areas that intersect with mobile gaming.

9. Norte Ventures

• Website: norte.ventures
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 1-10
• Number of deals in 2024: 11
• LinkedIn: norteventures

Norte Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm focuses on empowering startups and fostering innovation within the technology sector. They provide resources, consulting services, and educational materials to help entrepreneurs navigate the challenges of building and scaling their businesses. Notably, Norte Ventures has participated in several transactions relevant to the mobile gaming industry, including a seed funding round for Jungle, a Web3 game studio that is developing a mobile NFT shooter game. Additionally, they were involved in the funding of Nomo, a digital mobile operator, which highlights their engagement with mobile technology. Their investment strategy reflects a commitment to supporting innovative startups, including those in the mobile gaming space.

10. Kaszek

• Website: kaszek.com
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 17
• LinkedIn: kaszek-ventures

Kaszek is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm focuses on investing in and supporting entrepreneurs across various technology-driven industries in Latin America. With a commitment to fostering a vibrant technology ecosystem, Kaszek provides capital and strategic guidance to startups, helping them navigate growth challenges. Notably, Kaszek has participated in significant funding rounds, including the Series A funding for Rei do Pitaco, a fantasy sports platform that raised R$180 million, indicating their engagement in the gaming sector. Additionally, their involvement in earlier funding rounds for Rei do Pitaco further emphasizes their interest in gaming-related ventures. Overall, Kaszek's diverse investment portfolio and strategic focus on technology make them a notable player in the venture capital landscape.

11. Base Partners

• Website: basepar.com
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2016
• Headcount: 1-10
• LinkedIn: base-growth

Base Partners is a venture capital firm based in Sao Paulo, Brazil, founded in 2016. The firm focuses on investing in private technology companies, particularly in Latin America, providing capital and strategic support to help these companies grow in competitive markets. Notably, Base Partners has been involved in significant transactions within the mobile gaming sector, including a $60 million investment in Wildlife Studios in December 2019 and multiple funding rounds for Mobile Premier League, totaling over $150 million across Series C, D, and E. These investments highlight Base Partners' active role in the mobile gaming industry, making them a relevant player in this space.

12. Msw Capital

• Website: mswcapital.com.br
• Type: Venture Capital
• Headquarters: Rio De Janeiro, Rio De Janeiro, Brazil
• Founded year: 1999
• Headcount: 1-10
• Number of deals in 2024: 2
• LinkedIn: mswcapital

Msw Capital is a venture capital firm based in Rio de Janeiro, Brazil, founded in 1999. The firm specializes in corporate venture capital management, focusing on high-potential startups, particularly in the technology sector. Msw Capital aims to foster partnerships between startups and corporations to drive growth and technological advancement. Notably, they have invested in Widow Games, a mobile gaming company, during its seed round in June 2020, indicating their engagement in the mobile gaming space. Additionally, they have participated in various funding rounds for other technology-related startups, such as ARVORE and DeviceLab, showcasing their broader interest in innovative technology ventures.

13. Kptl

• Website: kptl.com.br
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 11-50
• Number of deals in 2024: 5
• LinkedIn: inseed-investimentos

KPTL is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. With over 15 years of experience, KPTL has made more than 124 investments, providing capital and strategic guidance to help companies grow and succeed in their respective markets. Among their notable transactions, Kptl invested in RankMyApp, which raised $2.5 million in 2020 and focuses on app analytics, a crucial aspect for mobile gaming developers. Additionally, they invested in Playmove, which raised $825,788 in 2018 and is directly involved in the mobile gaming sector. These investments highlight Kptl's engagement with the mobile gaming industry, making them a relevant player in this space.

14. Verve Capital

• Website: vervecapital.us
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2019
• Headcount: 1-10
• Number of deals in 2024: 3
• LinkedIn: verve-capital

Verve Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2019. The firm specializes in early-stage investments in technology-driven startups across Latin America, providing not only funding but also strategic support to help entrepreneurs achieve significant growth. While their primary focus includes sectors like FinTech, HealthTech, and EdTech, they have also shown interest in the mobile gaming industry. Notably, they participated in the funding round for Tipspace, a software application for 'play-to-earn' games, which highlights their engagement in the mobile gaming sector. Additionally, Verve Capital has been involved in several other transactions, including investments in startups like Falco and Rei do Pitaco, further demonstrating their active role in supporting innovative technology ventures.

15. Angel Ventures

• Website: angelventures.vc
• Type: Venture Capital
• Headquarters: Mexico
• Founded year: 2008
• Headcount: 11-50
• Number of deals in 2024: 2
• LinkedIn: angel-ventures-mexico

Angel Ventures is a venture capital firm founded in 2008, based in Mexico, that specializes in investing in early-stage technology companies throughout Latin America. The firm provides funding, mentorship, and resources to help startups grow and succeed in various sectors, including FinTech and E-Commerce. Notably, Angel Ventures has invested in Katapult Studios, which raised $6 million in a Seed Round in May 2022, indicating their interest in the mobile gaming space. Additionally, they have been involved in other transactions such as Grampus and Somos, although these are less directly related to mobile gaming. Their commitment to educational programs for new investors and support for market entry into Mexico further highlights their role in fostering innovation in the region.

Mobile Gaming Insights: Key Investors in Latin America

Investor	Headquarter	Size	Founded	Deals 2024
bossa invest	Sao Paulo, Sao Paulo, Brazil	11-50	2011	56
Sanctor Capital	San Juan, San Juan, Puerto Rico	1-10	2021	8
NXTP Ventures	Buenos Aires, Buenos Aires, Argentina	11-50	2011	4
Snackclub	Sao Paulo, Sao Paulo, Brazil	51-200	2021	1
Infinite Capital	San Juan, San Juan, Puerto Rico	1-10	2017	7
Canary	Sao Paulo, Sao Paulo, Brazil	11-50	2017	23
Nexo	Georgetown, Demerara-Mahaica, Guyana	501-1000	2018	0
Go4it Capital	Sao Paulo, Sao Paulo, Brazil	1-10	2015	0
Norte Ventures	Sao Paulo, Sao Paulo, Brazil	1-10	2020	11
Kaszek	Sao Paulo, Sao Paulo, Brazil	11-50	2011	17
Base Partners	Sao Paulo, Sao Paulo, Brazil	1-10	2016	0
Msw Capital	Rio De Janeiro, Rio De Janeiro, Brazil	1-10	1999	2
Kptl	Sao Paulo, Sao Paulo, Brazil	11-50	2020	5
Verve Capital	Sao Paulo, Sao Paulo, Brazil	1-10	2019	3
Angel Ventures	Mexico	11-50	2008	2

Want to find more investors focusing on the mobile gaming industry?

If you want to find more investors that are active in the mobile gamingindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and there are a lot more private equity, venturecapital, and corporate investors like these globally.

With Inven, you'll also get to know:

• Deal History: Number of deals and their sizes.
• Portfolio: Companies they've invested in.
• Contact data: Key dealmakers, including their emails and phonenumbers.
• ...and much more!