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DWF advises Hiro Capital on raising second international gaming VC fund

07 November 2025

DWF, the global provider of integrated legal and business services, has advised leading venture capital fund manager Hiro Capital on the successful final closing of its second international gaming-and-interactive tech fund, Hiro Capital II, raising a total of £105 million from a global investor base.

Hiro Capital II targets early-stage and growth-stage investments in the gaming, esports, metaverse and interactive entertainment sectors, particularly across the UK, Europe and the United States.  Supported by DWF, the fund successfully secured commitments from a diversified international investor base, demonstrating strong appetite for specialised gaming and technology venture capital platforms.

Led by partner Ravi Longia, DWF’s Investment Funds Group provided advice on fund formation, governance, regulatory compliance and cross-border fund structuring. The firm’s Investment Funds team drew on its extensive experience in international investment funds and venture capital to manage complex structures, multi-jurisdictional elements and a diverse investor base. 

Hiro Capital brings together a team of industry veterans and entrepreneurs with deep experience in gaming and interactive media, underlining the strength and credibility of the proposition. The closing reinforces the attractiveness of the gaming-tech investment market and signals growing capital flows into the interactive entertainment ecosystem.

Commenting, Ravi Longia, partner and UK head of investment funds at DWF, said: “Advising a leader like Hiro Capital on this significant fund close is a testament to the strength of our international investment funds practice. This transaction highlights Hiro Capital's powerful vision and underscores DWF's ability to deliver seamless, expert advice on complex fund raises that drive the future of the technology sector. We are proud to have been their legal partner on this journey.”

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