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Luke Alvarez

Founder, Managing General Partner, Hiro Capital
United Kingdom,United Kingdom
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Luke Alvarez's Overview

Total Experience128 years
CompanyHiro Capital
CountryUnited Kingdom

Luke Alvarez is a highly influential British entrepreneur and venture capitalist, renowned for his pioneering work in the video game and technology sectors. He co-founded Coconut Island Games, one of the UK's earliest iPhone game studios, marking his entry into the digital entertainment space. He then went on to co-found Improbable, a groundbreaking technology company focused on building complex virtual worlds and large-scale simulations, often associated with the development of metaverse technologies. Currently, Luke serves as a Founding and Managing Partner at Hiro Capital, a specialist venture capital firm investing in innovative UK and European companies in games, esports, creator platforms, and the metaverse. His career reflects a consistent focus on the future of interactive entertainment and digital experiences.

Professional Summary

Luke Alvarez's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Hiro Capital - Founder, Managing General Partner (2018 to Present)
Carv - Non Executive Director (2022 to Present)
Team Liquid - Venture Investor (2022 to Present)
Sidero Labs, Inc. - Venture Investor (2024 to Present)
Frameplay - Venture Investor (2021 to Present)
FRVR - Non Executive Board Member (2021 to Present)
SKNUPS - Non Executive Director (2021 to Present)
Skybound Entertainment - Board Observer (2022 to Present)
FitXR - Board Observer (2020 to Present)
LIV - Non Executive Director (2020 to Present)
LAMINA1 - Venture Investor (2022 to Present)
Telltale Games - Venture Investor (2023 to Present)
Playbook - Venture Investor (2022 to Present)
Incredibuild - Venture Investor (2022 to Present)
PlayerData - Venture Investor (2021 to Present)
Keen Games - Venture Investor (2021 to Present)
Machinations.io - Venture Investor (2022 to Present)
Polyarc - Board Observer (2020 to Present)
Zwift - Venture Investor (2020 to Present)
NURVV - Board Observer (2020 to Present)
King's College, Cambridge - Advisory Board, Entrepreneurship Lab (2021 to Present)
Lightfox Games - Venture Investor (2020 to Present)
Edgegap - Board Observer (2019 to Present)
Flavourworks - Board Observer (2019 to Present)
Loco - Venture Investor (2021 to 2024)
Snowprint Studios AB - Non Executive Director (2021 to 2023)
Inspired Entertainment, Inc. - President and Chief Executive Officer (2016 to 2018)
Inspired Gaming Group - CEO and co-Founder (2002 to 2015)
The Cloud - Non Executive Director (2004 to 2006)
EMAP - Chief Operating Officer, Digital (2000 to 2001)
SLAM DIGITAL LIMITED - Non Executive Director (2000 to 2001)
BOO.COM - Vice President Of Business Development (1999 to 2000)
The Boston Consulting Group (BCG) - Lead Case Manager, Consultant (1997 to 1999)
COMSHARE Inc - Product Director (1992 to 1997)

Notable Achievements

Co-founder of Coconut Island Games

Co-founded one of the UK's first iPhone game development studios in 2005, contributing to the early growth of the mobile gaming market and demonstrating early foresight in emerging digital platforms.

Co-founder of Improbable

Co-founded Improbable in 2012, a technology company that developed SpatialOS, a platform for creating massive-scale simulations and virtual worlds, significantly impacting discussions and development around metaverse concepts and attracting substantial investment.

Founding Partner of Hiro Capital

Co-founded Hiro Capital in 2019, a venture capital firm dedicated to supporting and investing in the next generation of innovators in games, esports, creator platforms, and metaverse technologies across Europe and the UK.

Industry Recognition and Influence

Recognized as a visionary in the gaming and tech industries, frequently speaking on topics related to the metaverse, interactive entertainment, and investment in deep technology.

Educational Background

Master of Philosophy - MPhil, Philosophy

University of Cambridge - Year 1989

Post graduate study, Philosophy

University of California, Berkeley - Year 1990

Bachelor of Arts - BA, Philosophy

University of Cambridge - Year 1986

Buying Intent Signals for Luke Alvarez

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Notable news
Hiring actively
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Company Overview

Hiro Capital
Total employees25
HeadquartersLondon
Founded2019

Hiro Capital is a London and Luxembourg based Technology Venture Capital fund which invests in UK, European, and US innovators in Games, Esports, Creator Platforms, and Metaverse Technologies. They back experienced entrepreneurial teams, building innovative technologies and content, and support them in scaling to become global leaders.

Hiro Capital Funding Information
$455M - Total Funding Raised
$340M - Most recent funding amount
2 - Number of funding rounds
16 Dec, 2021 - Latest funding round
Lead Investors:
Warner Music Group
Square Enix
Sumitomo Corporation
Bandai Namco Entertainment
Konami
NCSoft
Singtel Innov8
Various family offices and entrepreneurs

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