Irish VCs signal interest in budding gaming sector amid investment into fledgling firm Jamango!

The gaming sector was caught in the crosshairs of the tech slowdown which led to large firms cutting staff to become leaner amid inflationary pressures and an e-commerce slump post-pandemic.

Jamango! is set to launch globally later this year

Two leading venture capitalist firms have backed fledgling gaming start-up Jamango! in a funding round that raised approximately €2.3m, signalling some interest among investors in Ireland’s budding sector despite a period of volatility.

Elkstone, a leading Irish investment house, and venture capital firm that invests in early stage startups in Ireland Delta Partners co-led the pre-seed funding round for the browser-based player-led game development company co-founded by Adam Dalton, Richard Whelan and Jeremy Klarenbeek.