Drilo Ventures launches $30 million games fund

Drilo Ventures has launched a $30 million fund aimed at Turkey’s next generation of mobile-game founders. Individual investments are expected to range from $500,000 to $1.5 million, targeting teams early enough for capital and operational support to make a major difference. Turkey already has a strong mobile-development track record. Drilo is betting that the next hit studio is currently small, ambitious and surviving on concerning quantities of coffee.