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GameFounders, VC Fund

GameFounders

VC Fund

Kuala Lumpur, Malaysia

GameFounders is a startup accelerator and pre-seed fund working exclusively with game studios. Established in 2012, GameFounders started its operations in a hub in Europe, Estonia and in 2015 expanded with opening a hub in Malaysia to cover Asia.

Total investments:
53
Last investment:
Lead investor:
0%
Last fund:

Last updated:

Industries GameFounders invests in

GamingVideo GamesSoftwarePC GamesOnline Games

Stages GameFounders invests in

SeedPre-Seed

Countries GameFounders invests in

BrazilMalaysiaSaudi ArabiaEstoniaUkraine

Contacts

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Investment Focus

Industry

  • Gaming 39 (74%)
  • Video Games 24 (45%)
  • Software 11 (21%)
  • PC Games 10 (19%)
  • Online Games 9 (17%)
See all 40 industries →

Stage

  • Seed 49 (92%)
  • Pre-Seed 4 (8%)

Country

  • Brazil 8 (15%)
  • Malaysia 8 (15%)
  • Saudi Arabia 8 (15%)
  • Estonia 7 (13%)
  • Ukraine 4 (8%)
See all 17 countries →

Team

NameTitleInvestmentsLinksEmail
Kadri Ugand
Kadri Ugand CEO and co-founder
CEO and co-founder Total investments: 1
Find email
Reinaldo Normand
Reinaldo Normand Investment Partner
Investment Partner Total investments: 6
Find email
Kadri Harma
Kadri Harma Co-Founder
Co-Founder Total investments: 0
Find email
Paul Bragiel
Paul Bragiel Co-Founder
Co-Founder Total investments: 19
Find email
Scott Foe
Scott Foe Mentor
Mentor Total investments: 0 Find email

Investments

CompanyDescriptionRoundLinks
AstraValle is a independent game studio that develops video games $300K / Pre-Seed / Aug 15, 2025
NJD Games is a mobile game studio focused on creating immersive and high-performance games that celebrate local and global car culture, particularly motorsports and drifting. Seed / Aug 11, 2025
Up One Games is a game development studio that designs and develops video games to engage and entertain players. Seed / Jan 01, 2025
Ensoul Games is a studio that develops gaming platform for entertainment and mental well-being. Seed / Jan 01, 2025
7Lives is a gaming company that creates narrative-driven games and crafts compelling characters. Seed / Jan 01, 2024
Ash Games Studio develops and publishes interactive video games. Available materials indicate a focus on original titles alongside contract game development services for partners. Work typically spans concept, design, prototyping, programming, art, and testing, followed by content updates and live support. Offerings may include co-development andcontent production for mobile and PC releases, along with community and analytics support. Seed / Jan 01, 2024
Tekore Studio is a developer of puzzle games using unconventional gameplay elements. Seed / Jan 01, 2024
Nomadroid is a video game studio that develops PC and console games. Seed / Jan 01, 2023
Wulf Games is a gaming company that offers end-to-end game development services. Seed / Jan 01, 2018
3rd Eye Studios is a collection technology, movie, TV and game industry veterans building atmospheric and sophisticated games, and groundbreaking technology & tools for game developers.Located in Helsinki and Shanghai, 3rd Eye Studios was founded in June 2016 by a group of game industry veterans, who previously worked in senior positions atcompanies like Remedy Entertainment, Unity Technologies, Bugbear Entertainment, RedLynx and Moon Studios. $1M / Seed / Oct 10, 2017
See all 53 investments →

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FAQ

What does GameFounders invest in?

GameFounders invests primarily in Gaming, Video Games and Software startups, most often at Seed and Pre-Seed stage. Most of the 53 investments tracked by Shizune back companies in Brazil. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact GameFounders?

Public channels for GameFounders include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at GameFounders?

The team at GameFounders includes Kadri Ugand (CEO and co-founder), Reinaldo Normand (Investment Partner) and Kadri Harma (Co-Founder). The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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