GEM Capital has announced a $50 million investment plan for game studios.

The firm said it will target early-stage funding rounds, and each investment will range from $2 million to $5 million.

“GEM Capital is looking to invest in F2P and premium PC and console titles, as well as midcore mobile games and game-tech companies,” said GEM Capital.

Additionally, GEM Capital managing director Kirill Gurskiy said, “Successful IPs must be present on all platforms (PC/console/mobile) and across all spectrum of entertainment.

“This will generate more interest in the IPs and drive more players to the games, as it appeals to a broader audience.”

Its past game studio investments include Mundfish (Atomic Heart), Owlcat Games (Pathfinder: Wrath of the Righteous), and DeusCraft (Grand Hotel Mania: Hotel games).