Bellwether Rocks ASI, a fund operating in the field of digital entertainment and digital economy, has started its operations, and ultimately wants to invest up to tens of millions of zlotys in the development of brands and products in the digital entertainment sector, for example; the gaming market, virtual worlds and digital goods, the fund said.
The fund was created by experienced representatives of the business world and the creative industry. They include Marcin Kobylecki (e.g. a former board member of Platige Image) and financier Kamil Cisło. The company’s supervisory board also includes, for example, the writer Jacek Dukaj. The first investment is Illusion Ray studio, which is working on the production of “Wardogz”. Soon the Warsaw fund will announce further investments in high-quality projects with global potential, the company announced.
As stated, the Bellwether Rocks portfolio will ultimately include several projects from the world of digital entertainment – games, virtual worlds (metaverse), brands and digital goods marketplaces.
“Bellwether Rocks was created out of the needs of the market. There is no fund that understands the financial mechanisms of investing in digital entertainment, but also one for which artistic quality, narration and independence of creators in this industry are equally important. We believe in the culture-creating power of digital entertainment. games, interactive stories, immersive experiences, worlds and personalities. Everything that can be created and transferred digitally, and lived thanks to sensory experience. Moreover, we decided that by investing at a very early stage of project development, we would not put ourselves in the position of a dominant entity on the investor line -creator “- said the member of the board, co-founder of Bellwether Rocks responsible for the creative and production part,” said research and validation of ideas and teams, and marketing Marcin Kobylecki.
As reported, in a few years Bellwether Rocks will create a diversified portfolio of gaming companies, and those going beyond traditional games, financed by new investors joining the fund.
“Our approach is clear: at the outset, Bellwether Rocks’ stake in subsidiaries fluctuates around 50%, is proportional to the shares of other partners. This model reflects our values and positively distinguishes us from other holding companies in the gaming market. investors have a ‘win-win’ relationship at further stages of development and financing of companies, because ultimately our portfolio companies will go to strategic investors and to investors from New Connect – added another member of the management board and co-founders of Bellwether Rocks,” said Kamil Cisło, responsible for obtaining funds from investors, strategic consulting related to the development of companies and their scaling.
Bellwether Rocks’ goal is to explore new market niches and technologies related to digital entertainment and the commercial use of tools designed to create stories, experiences and worlds (eg AI). The fund searches for authors and IBs who provide narratives that are easily adaptable to various platforms and audiovisual media.
Source: Bellwether Rocks and ISBnews
