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Built by founders. Backing what’s next.

We invest in AI, robotics, digital entertainment and gaming, at every stage.

Most see companies from the outside. We know them from the inside.

Artwork: a field of fine horizontal lines, one of them red, moving like a quiet wave that settles until the lines lie straight and parallel.

Selected investments

Already invested in what’s next.

Selected investments across Richard Skelhorn and associated investment entities.

Artificial intelligence

Frontier AI research and the Claude family of models.

AI infrastructure

Accelerated computing and the chips behind modern AI.

Space

Reusable rockets, spacecraft and Starlink.

Defence and autonomy

Autonomous systems and the software that connects them.

Also held

Further holdings across Richard Skelhorn and associated investment entities.

Companies

Spaceport Nova Scotia, Canada
Social platforms and AI
Financial technology

Funds

Venture and growth fund

Holdings may be held by Richard Skelhorn personally or through associated investment entities. They are not investments of a HIT Ventures fund, not a complete list and not a record of performance. Company names are trademarks of their owners and do not imply endorsement.

Arena Entertainment

Built, not just backed.

Arena Entertainment is Richard Skelhorn’s own operating business: a digital entertainment company building online platforms, games and media.

  • Product

    We know what makes people come back.

  • Technology

    We know what it takes to ship, and to scale.

  • Customer acquisition

    We know what it costs to win a customer.

  • Economics

    We know when the numbers really work.

Everything we learn there, we bring to every company we back.

How we invest

Understand the product.

A real advantage, and a reason customers choose it rather than just try it.

Test the economics.

Growth matters most when it pays for itself.

Back the people.

Founders with the ambition to go far and the discipline to get there.

The questions we ask of every company, including our own.

What we back

Six fields. Every stage.

We back technology that changes how people work, play, defend and explore.

  • Artificial intelligence

    Intelligence put to work. The models, and the products that make them useful every day.

  • Software and frontier technology

    Tools that become standards. Software and deep technology that whole industries come to rely on.

  • Digital entertainment

    Products people choose to return to. Where we started. We know what wins an audience, and what keeps it.

  • Gaming and gambling technology

    Our home ground. Platforms, payments and play, built to scale and built to be trusted.

  • Defence and autonomy

    Technology that has to work. Robotics, autonomy and defence systems built for the hardest conditions.

  • Space and enabling infrastructure

    Built for orbit. Launch, spaceports and the infrastructure that turns space into a business.

Every stage

The company first. The stage second.

We back exceptional businesses wherever they are in the journey.

  1. Early stage

    First product

    Backing the team and the idea before the numbers arrive.

  2. Venture

    Initial traction

    Turning early demand into a repeatable engine.

  3. Growth

    Expansion

    New markets, new products and the team to run them.

  4. Late stage

    Established scale

    Leaders with their biggest chapter still ahead.

The people

Founder instinct. Investment discipline.

An entrepreneur and an investor, judging every company together.

Richard Skelhorn

Richard Skelhorn

Founder

25 years as an entrepreneur

Builds companies across online gaming, digital entertainment and software, with real-estate interests alongside. Co-founded Atemi Group, acquired by Better Collective in 2020. Founder of Arena Entertainment. Based in Monaco.

Mishal Shah

Mishal Shah

Managing Partner

14 years at Goldman Sachs

From Goldman Sachs to family-office investing. Leads investment strategy and capital allocation.

Portraits are AI-assisted, made from photographs of the people shown.

Offices

Four cities. One team.

Close to founders across Europe, the Middle East and the Americas.

  • Monaco

    43.74° N, 7.42° E

    Local time in Monaco:

  • Dubai

    25.20° N, 55.27° E

    Local time in Dubai:

  • Miami

    25.76° N, 80.19° W

    Local time in Miami:

  • London

    51.51° N, 0.13° W

    Local time in London:

Contact

Building something exceptional? We would like to see it.

Send us your deck, your stage and what you are raising.

email@hit.vc