Tencent's Venture Lab Initiative Aims to Empower Emerging Game Developers Worldwide

Tencent, a gaming industry giant, is bolstering its support for fledgling game developers through the expansion of its Venture Lab program. This initiative provides essential resources, including investment, publishing, marketing, and technical expertise, to help new studios successfully launch their debut titles. Led by Juno Shin, who has spent 12 years driving business development and investment at Tencent, the Venture Lab team has already demonstrated its value by supporting projects like Last Epoch and Enshrouded, which have achieved notable success. The team's goal is to leverage their experience to guide early-stage studios through the challenges of game development, avoiding common pitfalls and maximizing their chances of success. By doing so, Tencent aims to foster a healthier global gaming ecosystem, while also driving innovation and creativity within the industry. As Shin emphasizes, "we believe that supporting early-stage studios is in our best interest, allowing us to co-create successes and enjoy both creative and financial breakthroughs."