We invest globally from Tsugu’s permanent capital, bringing stable funding and expertise to our founders from idea to exit.

We invest in two pillars
Play
PLAY

Investments across game studios, gaming innovation, playable applications and platforms for the gamer audience.

Play and Work
Work
WORK

Investments across enterprise technology that focus on tools and applications to power a smarter workforce.

We partner with visionary founders and ambitious teams. We back them with financial capital and provide access to our ecosystem and proprietary know-how.

selected investment portfolio
Play
direct

Stoke Games

Game studio developing a competitive PvP strategic shooter.
Game studio
San Francisco, CA
Play
direct

Castle

Social media application for creating and playing games.
social application
San Francisco, CA
Play
direct

Closing Theory Studios

Mobile game studio building a portfolio of games for 70m+ Zillow window shoppers.
Game studio
austin, tx
Play
direct

Stoke Games

Game studio developing a competitive PvP strategic shooter.
Game studio
San Francisco, CA
Visit site ↗
Play
direct

Castle

Social media application for creating and playing games with 2m+ monthly active users.
social application
San Francisco, CA
Visit site ↗
Play
direct

Closing Theory Studios

Mobile game studio building a portfolio of games for 70m+ Zillow window shoppers.
Game studio
austin, tx
Visit site ↗
selected committed funds

Leveraging our network to drive access and performance

We actively partner with top-tier investors in the industry. Our deep relationships and LP commitments enables our early access to high-quality opportunities.