ZBS Capital

ZBS Capital is a venture capital firm based in Kyiv, focused on the crypto, blockchain, and Web3 sectors. It backs early-stage projects by providing financing and strategic advisory to help progress technology development, tokenomics, and growth plans. The team combines expertise across blockchain, marketing, and finance, with a global perspective. The firm emphasizes rigorous, fundamentals-driven evaluation, including technology progress, social impact, and market readiness, to guide investment decisions and support portfolio companies in achieving milestones and broader ecosystem goals.

Nikita Piholenko

Co-Chief Investment Officer and Partner

Vladyslav Skakun

Co-Founder and Managing Partner

Past deals in Video Games

Alliance Games

Series A in 2024
Alliance Games is a company that specializes in developing and distributing video games for entertainment. It offers a range of services, including game development, publishing in both digital and physical formats, and retail distribution. The company's platform enables gamers to access a diverse selection of innovative and engaging games that push the boundaries of creativity and technology. Additionally, Alliance Games provides infrastructure hosting and data storage services for Web3 games, leveraging a decentralized network of permissionless community nodes.

Sidus Heroes

Seed Round in 2024
Sidus Heroes is a cross-platform gaming metaverse that unifies lore, tokens, Play-to-Earn mechanics, and value systems. It rewards players for progressing through the game and achieving milestones, enabling users to earn non-fungible tokens within its metaverse.

GameFi.org

Private Equity Round in 2023
GameFi.org is a platform dedicated to web3 gaming. It aims to create digital communities and manage virtual economies for mainstream adoption. The platform offers solutions covering the entire lifecycle of games and gamified projects, with a vision of providing one digital platform and one virtual identity requiring no blockchain knowledge.

The Unfettered

Seed Round in 2022
An upcoming action role-playing game built on the Unreal Engine 4, set in a souls-like genre. Players embody a warrior woman tasked by gods to combat underworld monsters that have ravaged the planet.

QORPO

Venture Round in 2022
QORPO is a prominent metaverse game studio that specializes in web3 gaming and esports, offering a comprehensive ecosystem that integrates gaming with blockchain technology, cryptocurrency, and NFTs. The company has developed a play-to-earn (P2E) model that enables gamers to earn token rewards and trade NFTs, enhancing their gaming experience. QORPO's platform features a variety of game genres, including open-world and first-person shooter games, allowing players to monetize their skills and earn tokens through gameplay. This innovative approach positions QORPO as a leader in the evolving landscape of digital gaming and blockchain integration.

Mecha Morphing

Initial Coin Offering in 2022
Mecha Morphing is a browser-based, decentralized play-to-earn action role-playing game (ARPG). It offers player vs. environment (PVE), player vs. player loot mode, PVP arena, and bounty systems. Players can earn digital currency by engaging in these modes and invest in weapons, mecha armor pieces, land, and characters to upgrade their character's weaponry and non-fungible tokens.

Zone

Seed Round in 2022
Zone is a community-driven cross-chain GameFi ecosystem built on the Algorand blockchain, designed for on-chain gaming challenges and fantasy sports. The platform combines on-chain gaming challenges, yield farming, and non-fungible tokens to support a free-to-play and play-to-earn model with real-money prizes, and it is interoperable with other blockchains. A Discord-based GameFi bot enables users to participate in challenges and fantasy sports directly through on-chain interactions. Zone aims to attract players seeking blockchain-enabled gaming experiences by offering accessible entry points and tokenized assets that power challenges and rewards.

Zombie Worldz

Seed Round in 2021
Zombie Worldz is a metaverse that integrates virtual reality technology on the Binance Smart Chain, building upon the established success of Zombie Idle Defense. The platform offers an engaging gaming experience characterized by high-quality graphics and innovative gameplay, allowing players to socialize while participating in various activities. Users can buy and sell weapons and NFT pets within the game, as well as create advanced items, all within a play-to-earn framework. This unique combination of entertainment and economic opportunity appeals to gamers looking to enhance their experience while potentially earning profits.

solice

Seed Round in 2021
Solice is a virtual reality and cross-platform PC game inspired by decentraland and the sandbox.

KingSpeed

Seed Round in 2021
KingSpeed operates a play-to-earn gaming platform that enables users to collect virtual items while enjoying various game modes. The platform offers rewards such as cars, drivers, gears, and race tracks.

Victoria VR

Venture Round in 2021
Victoria VR develops a blockchain-based virtual reality metaverse platform offering multiplayer online role-playing games, entertainment, and other activities. The platform uses Unreal Engine to create realistic graphics and enables users to earn rewards for their actions within the virtual world.

9D NFT

Venture Round in 2021
9D NFT is an online MMO game platform that uses blockchain technology to give players real-world value from in-game assets by digitalizing assets. The company develops 3D martial arts metaverse NFT games and focuses on immersive experiences in Southeast Asia, combining advanced 3D graphics with blockchain integration to enable interactive gameplay and verifiable ownership of digital assets.

MonkeyLeague

Pre Seed Round in 2021
Unkjd is a video game company focused on developing innovative gaming experiences that integrate blockchain technology and non-fungible tokens (NFTs). The company specializes in a turn-based, play-and-earn multiplayer soccer game, allowing players to engage in competitive gameplay while earning rewards. Players can collect unique monkey NFTs, each possessing a distinct genetic composition derived from 32 traits. Unkjd's platform aims to deliver high-quality gaming experiences while enabling players to generate income through their participation and success in matches.

MonkeyBall

Seed Round in 2021
MonkeyBall is a Solana-based play-to-earn soccer game – a kind of FIFA Street and Final Fantasy rolled into one fun monkey-themed game.

The Three Kingdoms

Series A in 2021
The Three Kingdoms is a gaming company that focuses on creating a mobile application based on the historical narrative of the Three Kingdoms period in ancient China. Set during the tumultuous final years of the Eastern Han dynasty, the game immerses players in a civil war where various factions vie for power. Utilizing blockchain technology, The Three Kingdoms incorporates non-fungible tokens (NFTs) to allow players to collect rare characters, weapons, and land within the game. This platform aims to provide a diverse and rewarding gaming experience, enabling players to earn while enjoying the gameplay. Ultimately, The Three Kingdoms seeks to foster long-term engagement among its player base through its innovative gaming ecosystem.

Planet Sandbox

Seed Round in 2021
Planet Sandbox is an NFT-powered sandbox game that empowers players with extensive building tools to create personalized worlds and design unique game modes. Players can construct and own arenas, utilizing their own NFT weapons and accessories for combat against other players.

X World Games

Seed Round in 2021
X World Games is a decentralized gaming platform building a diversified ecosystem that connects traditional gamers with the blockchain world. It provides a virtual world where players can trade NFTs, create and tokenize in-game items, and participate in social crypto gaming communities. The company has developed Dream Card, an NFT marketplace, and a DeFi pool as part of its gaming innovations, and serves a growing community of gamers globally. Headquartered in Singapore, X World Games operates with a large international team and aims to invite more developers into the crypto space by providing the underlying blockchain framework.

Ultra

Initial Coin Offering in 2019
Ultra is a company founded in 2017 and based in Tallinn, Estonia, focused on transforming the gaming industry through blockchain technology. By developing a game publishing platform, Ultra aims to create a fair ecosystem that empowers both developers and players. The company's innovative approach seeks to disrupt traditional game distribution models, enabling a more equitable environment for all stakeholders in the gaming community.
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