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    1Up Ventures logo

    1Up Ventures

    Kirkland, Washington, United StatesFounded 2019
    1upfund.comLinkedIn
    Gaming

    1Up Ventures is a venture capital fund founded by Ed Fries in 2019, dedicated to building a diverse and inclusive community of independent game developers. The firm invests globally in independent game studios at the pre-seed and seed stages.

    75% of their portfolio is in Gaming. Their most common stage is seed (55% of deals). Average disclosed round size is $9.1M (across 36 rounds with reported amounts).

    Find people at 1Up Ventures on Goldilocks AI

    Portfolio

    36

    Fund Size

    —

    Top Stage

    Seed

    Last 12 Mo

    0

    Team

    KW

    Kelly Wallick

    Founding Partner and Community Builder

    EF

    Ed Fries

    Founder & General Partner

    EG

    Emily Greer

    Venture Partner

    CW

    Chris Wheaton

    Fund Administrator

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    40 investments
    CompanyRoundAmountDate
    Lumi Interactive logoLumi InteractiveSeed$9MSep 2026
    QQloud GamesSeed$5MAug 2025
    Dead Astronauts logoDead AstronautsSeed—Jan 2025
    SuperGaming logoSuperGamingSeries A$5.5MJan 2025
    Brain Jar Games logoBrain Jar GamesSeed$6.7MMar 2024
    Stoke Games logoStoke GamesSeed—Feb 2024
    Talofa Games logoTalofa GamesSeed$6.3MJan 2024
    Believer logoBelieverSeries A$55MMar 2023
    Believer logoBelieverUnknown$55MJan 2023
    Sprocket Games logoSprocket GamesSeed—Aug 2022
    Petaverse logoPetaverseUnknown$7MMar 2022
    Lumi Interactive logoLumi InteractiveSeed$6.8MMar 2022
    Return Entertaiment logoReturn EntertaimentUnknown$6MFeb 2022
    Lost Lake Games logoLost Lake GamesSeed$5MFeb 2022
    Methodical Games logoMethodical GamesUnknown$15MJan 2022
    Tiny Rebel Games logoTiny Rebel GamesUnknown$7MJan 2022
    Superbloom logoSuperbloomSeed$3MJan 2022
    FuzzyBot logoFuzzyBotSeed$3.5MSep 2021
    Toya logoToyaGrowth$4MSep 2021
    Starform logoStarformSeed$5MAug 2021
    Omeda Studios logoOmeda StudiosSeed$2.2MJan 2021
    Clockwork Labs logoClockwork LabsUnknown$4.3MJan 2021
    Frost Giant Studios logoFrost Giant StudiosSeed$4.7MOct 2020
    RRobin GamesSeed$7MMar 2020
    Lightfox Games logoLightfox GamesUnknown$3.3MJan 2020
    Page 1 of 2

    Top Co-Investors

    BITKRAFT Ventures12 shared
    Andreessen Horowitz6 shared
    Andreessen Horowitz (a16z) Bio + Health5 shared
    London Venture Partners5 shared
    Riot Games4 shared
    Lightspeed Venture Partners4 shared
    Gaingels4 shared
    Transcend Fund4 shared
    Statkraft Ventures3 shared
    Sisu Game Ventures3 shared
    GFR Fund3 shared
    Makers Fund3 shared
    Everblue Management3 shared
    Animoca Brands3 shared
    The Tornante Company2 shared
    Cleveland Avenue2 shared
    Possible Ventures2 shared
    Alpha Edison2 shared
    Hearst Ventures2 shared
    Square Enix2 shared

    Last updated: 7 October 2026