Money

BITKRAFT Makes Push Into Asia

Published by

James Fudge

1 year ago

BITKRAFT announced this week that Jin Oh has joined the VC firm as a partner and Jonathan Huang as a principal.

Oh has held executive roles at SK Telecom, Riot Games (during two different stints at the company), and Blizzard Entertainment, among others. He also served as CEO of Free Fire maker Garena, and is currently the founder and managing director of Gamestarr.

Huang has served in executive roles at Deutsche Bank and Singapore-based investment company Temasek. He currently serves as digital media investments principal at Garena parent company SEA LTD.

These new appointments represent a larger push into Asia, according to the investment firm—who gained prominence for its early investments in esports—but in recent years has changed focus to wider game-related investments. The company has $600M USD in managed funds, according to Pitchbook.

Both Oh and Huang will remain headquartered in South Korea and Singapore, respectively.

James Fudge

With a career spanning over two decades in the esports and gaming journalism landscape, James Fudge stands as a seasoned veteran and a pivotal figure in the evolution of esports media. His journey began in 1997 at Game-Wire / Avault, where he curated gaming and community news, laying the groundwork for his expertise in the field. In his more recent roles, James cemented his status as an authority in the esports business sphere as Senior Editor Esports at Sports Business Journal and The Esports Observer between 2018 and 2021.