Velan Ventures
Velan Ventures invests in and advises early-stage video game studios and game technology firms, and explores gaming concepts applied beyond games, from Troy, New York.
Velan Ventures is an innovation investment company that invests in and advises early-stage businesses developing video games and game-related technology. Its activity covers three areas: investment in pure-play game studios and game technology firms; advisory work for game studios and game technology companies, drawing on the founders' video game industry experience; and cross-sector work exploring how gaming concepts might be applied outside the games industry.
The firm is based in Troy, New York, and is founded and led by brothers Karthik Bala and Guha Bala. It is connected to Velan Studios, an independent game development studio in Troy co-founded by the same brothers.
Velan Ventures' stated focus is innovation within video games, game technology and gaming concepts applied beyond games. Check size, fund structure and portfolio composition are not publicly specified.