Venture capital firm Kameha Ventures has launched a €25 million ($27m) investment fund to support game development in Europe.

Backed by industry veterans, Kameha Ventures is focused primarily on backing AI, spatial computing, high-fidelity 3D, evolving monetization engines, and cloud gaming projects.

As spotted by PocketGamer.biz, support extends beyond finance, with mentoring and advice also available.

“Forthcoming innovations such as AI, spatial computing, high-fidelity 3D, evolving monetization engines, and cloud gaming are rapidly transforming game tech and spreading into other industries,” the VC firm said.

“This growth makes the space as promising as it is complex, requiring deep expertise to spot the right trends and companies. Our world-class team of game tech veterans, with unmatched access to top startups and expertise in deal-making and mentoring, is positioned to deliver exceptional returns.”