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Your Favorite Gaming Newsletter!
Kitsune Ventures Ep. 16


Hey there! I hope you’re ready to start the week with another fresh batch of handpicked gaming startups ready to shake up the industry. Whether you’re looking for the next breakout studio or innovative gaming tech, we’ve got you covered!
So grab your coffee (or energy drink 🏆), and let’s dive into this week’s top gaming startups! 🎮👇
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PIVAGA

Overview
PIVAGA is an AI-powered esports analytics platform designed to help competitive gamers and teams boost their performance. Focused on titles like BGMI and PUBG Mobile, it offers tools such as interactive map planning, frame-by-frame video analysis, and detailed weapon and zone meta data, all aimed at turning raw gameplay into actionable
Founded in 2024 and incubated by IIMA Ventures (IIM Ahmedabad), PIVAGA is led by CEO Pulkit Gehlot, who transitioned from casual gamer to startup founder. The platform uses computer vision and machine learning to provide deep performance insights, helping players and coaches optimize tactics and make data-driven decisions. Currently in beta, PIVAGA is gaining traction within India’s esports scene, offering a free tier with unlimited analysis and Discord-based support.
Founded: 2024
Location: India
EONEvolve

Overview
EONEvolve is an Istanbul-based mobile game studio specializing in simulation titles that blend realism with engaging gameplay. Their standout game, Bicycle Extreme Rider 3D, has surpassed 1 million downloads on Google Play, offering players customizable bikes, stunt challenges, and city racing experiences.
What sets EONEvolve apart is its integration of play-to-earn mechanics, allowing players to earn tokens through gameplay. This innovative approach is shown in their partnership with Portuma, boosting the gaming experience by combining entertainment with tangible rewards.
Founded: 2023
Location: Turkey
Sofloxr

Overview
SoFloXR is a Miami-based experiential studio that blends gaming, augmented reality, and immersive storytelling to transform events and brand activations. From AR-enhanced posters to gamified event apps, they specialize in turning static spaces into interactive, memorable experiences.
Founded in 2024 by Jules Servius, SoFloXR is on a mission to make AR more accessible for marketers, tourism boards, and real estate developers. The team is currently developing a game from scratch as part of their “GameDev Speedrun Challenge,” aiming to launch on Steam within a year—an initiative that showcases their hands-on approach to immersive tech.
Though still early-stage, SoFloXR has already participated in the Startup World Cup Demo Day and joined the Built in Miami incubator program. Their focus on combining XR with event marketing positions them as a creative force in the evolving landscape of experiential branding.
Founded: 2024
Location: United States
Adzap

Overview
Adzap is a performance marketing platform tailored for PC and console game studios, aiming to bring mobile-grade, deterministic attribution to the PC gaming world. By integrating directly with platforms like Steam and Epic Games Store, Adzap enables developers to track and optimize their user acquisition efforts with precision. Their technology allows for smart player targeting and cross-device retargeting, making sure that marketing budgets are spent efficiently to acquire high-intent players.
Founded by Jules Baculard and Mathias Salanon, both with extensive backgrounds in gaming and technology, Adzap has raised a total of $79.7 million over two funding rounds, including a $64.7 million Series C round in July 2022.
Their client portfolio includes notable names like Ubisoft and Stillfront, and they've reported impressive results, such as a 309% return on ad spend (ROAS) for the game "Coldridge."
Founded: 2024
Location: United States
NXTLVL

Overview
NXTLVL is a London-based edtech startup reimagining how kids aged 7–11 build real-world skills through game-based learning. Their platform offers daily 20-minute "mini missions" guided by an AI coach, helping children develop critical thinking, collaboration, emotional intelligence, and leadership. These sessions can be done solo or in live, team-based formats with human facilitators, blending the best of AI and social learning.
Founded in 2023 by Michalis Gkontas (a serial entrepreneur and father of two), NXTLVL has raised $809K from investors like Metavallon VC and Genesis Ventures. The team includes experts from MIT, Harvard, and UCI, with a strong focus on preparing kids for an unpredictable, AI-driven future. They've already partnered with progressive schools across four continents and run a global "Problem Solving Olympiad" to showcase student growth.
Founded: 2023
Location: United Kingdom
That’s a wrap for this week’s edition! 🎮🚀
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📩 Know an awesome gaming startup that deserves to be featured? Hit reply or send us a message @ ([email protected]), we’re always on the lookout for the next big thing!
Until next time, keep leveling up! 🎮✨