Gaming sector boosted by leading venture capital firm

With over US$18 billion under management spread across over 500 investments in the global market, venture capital firm Lightspeed will boost its gaming sector.

The company has appointed Moritz Baier-Lentz as head of the consumer team within its gaming sector. Lightspeed announced that the company`s new established gaming sector led by Baier-Lentz will be spread across the company′s offices worldwide. It will invest in game studios, gaming platforms, interactive technologies, extended realities such as VR and AR and WEB3 based games.

Moritz Baier-Lentz

Baier-Lentz was named in Forbes finance 30 under 30 ?in 2016 and previously worked for gaming venture capitalists BITKRAFT Ventures.

In 2003 Baier-Lentz was ranked number-one in the world in Blizzard’s Diablo II. He funded his own education at Stanford Business School from his earnings as a professional gamer. He started his career in investment banking at Goldman Sachs where he lead the firm′s global gaming practice and advised clients such as Microsoft, Google and Meta on global deals. He acted as key advisor on Dell’s US$67 billion purchase of EMC and US$34 billion acquisition of Red Hat by IBM. Under his management the gaming sector at BITKRAFT Ventures became a global leader. At BITKRAFT Ventures, Baier-Lentz was key advisor on US$15 million Series A for Lightforge Games in March 2022. He is also a founding member and author of the World Economic Forum’s Metaverse Initiative.

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