{"id":43362,"date":"2020-09-30T11:52:00","date_gmt":"2020-09-30T09:52:00","guid":{"rendered":"https:\/\/newserver.fyb.de\/bitkraft-closes-its-first-fund-at-165-million-usd\/"},"modified":"2020-09-30T11:52:00","modified_gmt":"2020-09-30T09:52:00","slug":"bitkraft-closes-its-first-fund-at-165-million-usd","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/","title":{"rendered":"Bitkraft closes its first fund at 165-million USD"},"content":{"rendered":"

Berlin \u2014 German-Ameri\u00adcan venture capi\u00adta\u00adlist Bitkraft<\/strong> has laun\u00adched its first venture fund. With USD 165 million, the capi\u00adtal raised by the fund, which is focu\u00adsed on finan\u00adcing start-ups in the gaming and e\u2011sports sector<\/strong>, signi\u00adfi\u00adcantly excee\u00added the total volume targe\u00adted. Inves\u00adtors include the family office of David Ruben\u00adstein<\/strong>, co-foun\u00adder of the Carlyle Group, and JS Capi\u00adtal, an invest\u00adment firm run by Jona\u00adthan Soros<\/strong>. Toge\u00adther with the renow\u00adned US law firm Gunder\u00adson Dett\u00admer, an SMP team led by Helder Schnitt\u00adker struc\u00adtu\u00adred Bitkraft Venture Fund I and advi\u00adsed on tax and regu\u00adla\u00adtory issues.<\/p>\n

\u201cWe are a good step closer to our goal of buil\u00adding the leading global invest\u00adment plat\u00adform in the games and e\u2011sports indus\u00adtry,\u201d explains Bitcraft foun\u00adder Jens Hilgers.<\/p>\n

Bitkraft Ventures<\/strong>
\nBitkraft Ventures is a global invest\u00adment plat\u00adform for gaming, e\u2011sports and inter\u00adac\u00adtive media. Foun\u00added by e\u2011sports vete\u00adran Jens Hilgers, Bitkraft connects inno\u00adva\u00adtive start\u00adups and foun\u00adders into a global network to drive the buil\u00adding of future-proof virtual worlds. The inter\u00adna\u00adtio\u00adnally posi\u00adtio\u00adned Bitkraft team adds signi\u00adfi\u00adcant value to its port\u00adfo\u00adlio compa\u00adnies by buil\u00adding early partnerships.<\/p>\n

About SMP<\/strong>
\nSMP is a specia\u00adlist tax and commer\u00adcial law firm opera\u00adting in the core areas of corpo\u00adrate, funds, liti\u00adga\u00adtion, tax and tran\u00adsac\u00adtions. SMP attor\u00adneys and tax advi\u00adsors repre\u00adsent a wide variety of clients. These include emer\u00adging tech\u00adno\u00adlogy compa\u00adnies and family-run medium-sized enter\u00adpri\u00adses as well as corpo\u00adra\u00adti\u00adons and private equity\/venture capi\u00adtal funds. Since its foun\u00adda\u00adtion in 2017, SMP has become one of the leading addres\u00adses for venture capi\u00adtal, private equity and fund struc\u00adtu\u00adring in Germany. The firm and its part\u00adners have been reco\u00adgni\u00adzed natio\u00adnally and inter\u00adna\u00adtio\u00adnally by JUVE, Best Lawy\u00aders, Legal 500, Focus, and Cham\u00adbers and Part\u00adners. Today, SMP employs over 50 expe\u00adri\u00aden\u00adced lawy\u00aders and tax advi\u00adsors in three offices in Berlin, Hamburg and Cologne.<\/p>\n

Consul\u00adtant Bitkraft: SMP<\/strong>
\nDr. Helder Schnitt\u00adker (Lead Part\u00adner, Fund Struc\u00adtu\u00adring), Partner
\nDr. Thomas T\u00f6ben (Taxes), Partner
\nLenn\u00adart Lorenz (Regu\u00adla\u00adtory Law), Partner
\nDr. Sebas\u00adtian Schwarz (Taxes), Senior Associate<\/p>\n","protected":false},"excerpt":{"rendered":"

Berlin \u2014 German-Ameri\u00ad\u00adcan venture capi\u00adta\u00adlist Bitkraft has laun\u00adched its first venture fund. With USD 165 million, the capi\u00adtal raised by the fund, which is focu\u00adsed on finan\u00adcing start-ups in the gaming and e\u2011sports sector, signi\u00adfi\u00adcantly excee\u00added the total volume targe\u00adted. Inves\u00adtors include the family office of David Ruben\u00adstein, co-foun\u00ad\u00adder of the Carlyle Group, and JS [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":35281,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1369,1373],"tags":[],"class_list":["post-43362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-investors","category-venture-capital-en","news-category-venture-capital-news"],"yoast_head":"\nBitkraft closes its first fund at 165-million USD - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitkraft closes its first fund at 165-million USD - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Berlin \u2014 German-Ameri\u00adcan venture capi\u00adta\u00adlist Bitkraft has laun\u00adched its first venture fund. With USD 165 million, the capi\u00adtal raised by the fund, which is focu\u00adsed on finan\u00adcing start-ups in the gaming and e\u2011sports sector, signi\u00adfi\u00adcantly excee\u00added the total volume targe\u00adted. Inves\u00adtors include the family office of David Ruben\u00adstein, co-foun\u00adder of the Carlyle Group, and JS […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/\" \/>\n<meta property=\"og:site_name\" content=\"FYB Financial Yearbook\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-30T09:52:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/09\/a-jens-hilgers.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tatjana Anderer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tatjana Anderer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/\"},\"author\":{\"name\":\"Tatjana Anderer\",\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/person\/4308b3086925bc8567ceba3ebd69b4ce\"},\"headline\":\"Bitkraft closes its first fund at 165-million USD\",\"datePublished\":\"2020-09-30T09:52:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/\"},\"wordCount\":321,\"publisher\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/09\/a-jens-hilgers.png\",\"articleSection\":[\"General\",\"Featured\",\"News\",\"Investors\",\"Venture Capital\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/\",\"url\":\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/\",\"name\":\"Bitkraft closes its first fund at 165-million USD - FYB Financial Yearbook\",\"isPartOf\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/09\/a-jens-hilgers.png\",\"datePublished\":\"2020-09-30T09:52:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#primaryimage\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/09\/a-jens-hilgers.png\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/09\/a-jens-hilgers.png\",\"width\":1000,\"height\":1000},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fyb.de\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitkraft closes its first fund at 165-million USD\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fyb.de\/en\/#website\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"name\":\"FYB Financial Yearbook\",\"description\":\"For Your Business\",\"publisher\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fyb.de\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\",\"name\":\"FYB Financial Yearbook\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"caption\":\"FYB Financial Yearbook\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/person\/4308b3086925bc8567ceba3ebd69b4ce\",\"name\":\"Tatjana Anderer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/11708a5289b743e6290bae8e4109e97efec1cb1ae5c7065f0bfc5c36f28c7757?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/11708a5289b743e6290bae8e4109e97efec1cb1ae5c7065f0bfc5c36f28c7757?s=96&d=mm&r=g\",\"caption\":\"Tatjana Anderer\"},\"description\":\"Gr\u00fcnderin des FYB-Verlag\",\"sameAs\":[\"http:\/\/neu.fyb.de\"],\"url\":\"https:\/\/www.fyb.de\/en\/author\/tanderer\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitkraft closes its first fund at 165-million USD - FYB Financial Yearbook","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/","og_locale":"en_US","og_type":"article","og_title":"Bitkraft closes its first fund at 165-million USD - FYB Financial Yearbook","og_description":"Berlin \u2014 German-Ameri\u00adcan venture capi\u00adta\u00adlist Bitkraft has laun\u00adched its first venture fund. With USD 165 million, the capi\u00adtal raised by the fund, which is focu\u00adsed on finan\u00adcing start-ups in the gaming and e\u2011sports sector, signi\u00adfi\u00adcantly excee\u00added the total volume targe\u00adted. Inves\u00adtors include the family office of David Ruben\u00adstein, co-foun\u00adder of the Carlyle Group, and JS […]","og_url":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/","og_site_name":"FYB Financial Yearbook","article_published_time":"2020-09-30T09:52:00+00:00","og_image":[{"width":1000,"height":1000,"url":"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/09\/a-jens-hilgers.png","type":"image\/png"}],"author":"Tatjana Anderer","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tatjana Anderer","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#article","isPartOf":{"@id":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/"},"author":{"name":"Tatjana Anderer","@id":"https:\/\/www.fyb.de\/en\/#\/schema\/person\/4308b3086925bc8567ceba3ebd69b4ce"},"headline":"Bitkraft closes its first fund at 165-million USD","datePublished":"2020-09-30T09:52:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/"},"wordCount":321,"publisher":{"@id":"https:\/\/www.fyb.de\/en\/#organization"},"image":{"@id":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#primaryimage"},"thumbnailUrl":"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/09\/a-jens-hilgers.png","articleSection":["General","Featured","News","Investors","Venture Capital"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/","url":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/","name":"Bitkraft closes its first fund at 165-million USD - FYB Financial Yearbook","isPartOf":{"@id":"https:\/\/www.fyb.de\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#primaryimage"},"image":{"@id":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#primaryimage"},"thumbnailUrl":"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/09\/a-jens-hilgers.png","datePublished":"2020-09-30T09:52:00+00:00","breadcrumb":{"@id":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#primaryimage","url":"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/09\/a-jens-hilgers.png","contentUrl":"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/09\/a-jens-hilgers.png","width":1000,"height":1000},{"@type":"BreadcrumbList","@id":"https:\/\/www.fyb.de\/en\/bitkraft-closes-its-first-fund-at-165-million-usd\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fyb.de\/en\/"},{"@type":"ListItem","position":2,"name":"Bitkraft closes its first fund at 165-million USD"}]},{"@type":"WebSite","@id":"https:\/\/www.fyb.de\/en\/#website","url":"https:\/\/www.fyb.de\/en\/","name":"FYB Financial Yearbook","description":"For Your Business","publisher":{"@id":"https:\/\/www.fyb.de\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fyb.de\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.fyb.de\/en\/#organization","name":"FYB Financial Yearbook","url":"https:\/\/www.fyb.de\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg","contentUrl":"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg","caption":"FYB Financial Yearbook"},"image":{"@id":"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.fyb.de\/en\/#\/schema\/person\/4308b3086925bc8567ceba3ebd69b4ce","name":"Tatjana Anderer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fyb.de\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/11708a5289b743e6290bae8e4109e97efec1cb1ae5c7065f0bfc5c36f28c7757?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/11708a5289b743e6290bae8e4109e97efec1cb1ae5c7065f0bfc5c36f28c7757?s=96&d=mm&r=g","caption":"Tatjana Anderer"},"description":"Gr\u00fcnderin des FYB-Verlag","sameAs":["http:\/\/neu.fyb.de"],"url":"https:\/\/www.fyb.de\/en\/author\/tanderer\/"}]}},"_links":{"self":[{"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/posts\/43362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/comments?post=43362"}],"version-history":[{"count":0,"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/posts\/43362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/media\/35281"}],"wp:attachment":[{"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/media?parent=43362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/categories?post=43362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/tags?post=43362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}