# GameFounders

> GameFounders is a VC fund in Kuala Lumpur backing Gaming and Video Games. See 9 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Kuala Lumpur, Malaysia
- Total investments: 9
- Last investment: Aug 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/2513093
- X (Twitter): http://twitter.com/GameFounders
- Website: http://www.gamefounders.com
- Facebook: https://www.facebook.com/gamefounders

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.

## Contacts

5 contacts available for GameFounders. Shizune tracks 5 team members at GameFounders. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/gamefounders?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Gaming | 7 | 78% |
| Video Games | 4 | 44% |
| PC Games | 2 | 22% |
| Gamification | 2 | 22% |
| Online Games | 2 | 22% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 78% |
| Pre-Seed | 1 | 11% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Saudi Arabia | 7 | 78% |
| Finland | 1 | 11% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Kadri Ugand | CEO and co-founder | 1 | https://shizune.co/investors/profile/kadri-ugand |
| Reinaldo Normand | Investment Partner | 6 | https://shizune.co/investors/profile/reinaldo-normand |
| Kadri Harma | Co-Founder | 0 | https://shizune.co/investors/profile/kadri-harma |
| Paul Bragiel | Co-Founder | 17 | https://shizune.co/investors/profile/paul-bragiel |
| Scott Foe | Mentor | 0 | https://shizune.co/investors/profile/scott-foe-2 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| AstraValle | AstraValle is a independent game studio that develops video games | $300K | Pre-Seed | Aug 15, 2025 |  |
| NJD Games | 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 | 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 | Ensoul Games is a studio that develops gaming platform for entertainment and mental well-being. |  | Seed | Jan 01, 2025 |  |
| 7Lives | 7Lives is a gaming company that creates narrative-driven games and crafts compelling characters. |  | Seed | Jan 01, 2024 |  |
| Ash Games Studio | 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 | Tekore Studio is a developer of puzzle games using unconventional gameplay elements. |  | Seed | Jan 01, 2024 |  |
| Nomadroid | Nomadroid is a video game studio that develops PC and console games. |  | Seed | Jan 01, 2023 |  |
| 3rd Eye Studios | 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 |  |

9 of 9 investments shown.

## Co-investors
- [Colopl Next](https://shizune.co/investors/profile/colopl-next) — VC Fund, 1 deal together
- [Exel by Merak](https://shizune.co/investors/profile/exel-by-merak) — VC Fund, 1 deal together
- [Impact46](https://shizune.co/investors/profile/impact46) — VC Fund, 1 deal together
- [Sisu Game Ventures](https://shizune.co/investors/profile/sisu-game-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does GameFounders invest in?

GameFounders invests primarily in Gaming, Video Games and PC Games startups, most often at Seed and Pre-Seed stage. Most of the 9 investments tracked by Shizune back companies in Saudi Arabia. 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 Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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