BITKRAFT Esports Ventures has welcomed Moritz Baier-Lentz as its newest partner. The esports investment fund made $50 million in investments across 25 esports and digital entertainment companies in 2019, which includes esports engagement app PatronGG, sandbox MMORPG Playable Worlds, and more.
Moritz Baier-Lentz as BITKRAFT Partner
Jens Hilgers, Founding General Partner of BITKRAFT Esports Ventures, commented:
Moritz is the first addition to the team since the launch of our Venture Fund I in January 2019 and we could not be more excited. Moritz shares our culture, our passion, and our ambition—and comes with massive investment experience from one of the world’s finest investment firms.
Furthermore, he is a true core gamer with a strong competitive nature, making him the perfect fit in our diverse global BITKRAFT team. With his presence in New York, we also expand our geographical coverage in one of today’s most exciting and upcoming cities for gaming and esports.
Moritz joins BITKRAFT from Goldman Sachs where he served as Vice President of the Investment Banking Division. While there, he built and co-led the firm’s global gaming and esports practice. Moritz helped advise over $300 billion of mergers and acquisitions, IPOs, venture capital, and other strategic transactions. This includes Dell’s $67 billion acquisition of EMC and IBM’s $34 billion acquisition of RedHat.
Expanding assets and investments
Moritz Baier-Lentz, Partner of BITKRAFT Esports Ventures, added:
I am looking forward to helping our extraordinary founders at the intersection of digital entertainment, gaming, and esports reach their “next level.” We aren’t just investors, but industry veterans and enthusiasts. Our team creates significant value on a global scale through early, candid partnerships and unparalleled domain expertise.
The timing to join BITKRAFT could not be better. Through our portfolio companies, we are observing nascent technology, content, and business model innovations that leave no practical impediment to the creation of synthetic realities—an immersive convergence of physical and digital worlds that will push the frontiers of human experience, collaboration, and performance.
Moritz was once a professional esports player, achieving the number one rank in Blizzard’s action role-playing hack-and-slash Diablo II. He holds an MBA and M.A. from Stanford University and a B.Sc. in Computer Science from the Berlin School of Economics and Law.
In his new position, Moritz will be responsible for expanding BITKRAFT’s assets and investments, supporting portfolio companies, along with interacting with the fund’s investors and strategic partners.