Our Perspective | Gardens Interactive

February 27, 2024

At Bayshore, we seek wealth creation in sectors fueled by technological disruption and socio-economic changes. We believe that gaming, at the crossroads of both, presents a thrilling opportunity.

Traditionally, gamers have served as early adopters of emerging technologies, such as extended reality, cloud gaming, AI, and blockchain technology. Furthermore, demographic changes have contributed to rapid expansion. With Millennials and Gen Z- the digital-native generations- taking over, gaming has played a pivotal role in shaping the entertainment landscape. Today, gaming stands as the largest global entertainment sector, poised for sustained growth propelled by these enduring tailwinds.

Hence, we are thrilled to join forces with Lightspeed and KRAFTON, Inc. in backing Gardens, a pioneering gaming studio dedicated to creating immersive online worlds for players to interact and embark on novel adventures. At the recent Game Developers Conference (GDC) 2023, Gardens unveiled a playable prototype of their upcoming game to a select audience. The response proved overwhelmingly positive, garnering exceptional reviews from investors and industry peers alike, as well as acquisition proposals within days. Helmed by game developers responsible for several “Game of the Year” titles, including Sky: Children of the Light and Journey, the Gardens team is crafting a fantasy-adventure action game inspired by classic online role-playing games and massively multiplayer online games, akin to Skyrim, World of Warcraft, and Legend of Zelda: Breath of the Wild.

Having led investments of over $100 million in the gaming industry to date, Gardens manages to feel magically different from anything I’ve seen. I’m convinced we’re in the early days of something very special, and we couldn’t be more excited to put Lightspeed’s collective dedication and resources behind making Gardens a masterpiece of global success.”

Moritz baier-lentz, partner and head of gaming at Lightspeed