Vala Capital Completes £2m Strategic Investment in PlayWorks

Jasper Smith, Partner at Vala Capital, said, "The games industry offers the potential for significant growth, but it is more complex than ever. Having invested in the sector successfully several times, we look for exceptional teams with a vision that goes beyond the 'build it and they will come' approach. Led by Jonathan, PlayWorks has an exceptional team and strategy, a great business and the potential to grow significantly. We look forward to working with the team to make PlayWorks a stand-out success."

Jasper Smith, Partner at Vala Capital, said, "The games industry offers the potential for significant growth, but it is more complex than ever. Having invested in the sector successfully several times, we look for exceptional teams with a vision that goes beyond the 'build it and they will come' approach. Led by Jonathan, PlayWorks has an exceptional team and strategy, a great business and the potential to grow significantly. We look forward to working with the team to make PlayWorks a stand-out success."

More information about PlayWorks can be found at the company website: http://play.works.

About PlayWorks

PlayWorks is pioneering post-app-store mobile games across social networks and messaging apps. The huge growth in platforms such as Facebook Messenger, WeChat, Apple iMessage and WhatsApp and their universal adoption of games has created the world's largest gaming platform with over 3Bn potential monthly users. With partnerships in place with Facebook, Comcast, LG, Roku and many others, and a massive catalog of live games, PlayWorks is a trusted leader at the forefront of this new revolution. Led by an exceptional team of gaming industry veterans who have successfully created and sold numerous games companies PlayWorks is capitalizing on the changing landscape in the lucrative games market.

About the VALA Fund

Vala Capital is a fast-growing European VC managing assets across regulated and alternative investment funds. Entrepreneur-led, the Vala investment business is a one of the UKs largest venture builders, working with founders from concept to exit across a variety of sectors. Founded by entrepreneur Jasper Smith and industry veteran James Faulkner, Vala provides active mentoring to each of its investments, access to a global network of other founders and strategic partners combined with the financial firepower to enable our portfolio companies to compete on the world stage.

Contact:

[email protected]
http://valacap.com/#contact

Photo: https://mma.prnewswire.com/media/898338/Playworks_Vala.jpg