Makers Fund raises $250m in fourth round to support interactive entertainment startups
Venture capital firm Makers Fund has secured $250 million to invest in startups advancing games and interactive entertainment. This brings its total assets under management to $1.5 billion. Read more
Makers Fund, a venture capital firm, has raised $250 million in its fourth round of investment to support startups focused on interactive entertainment, bringing its total assets under management to $1.5 billion. Founded in 2016, Makers Fund previously raised $180 million in its initial round and has returned 3.6 times its invested capital to date.
The firm, which expanded beyond games to include consumer apps, entertainment, and creation platforms, has also invested in companies beyond gaming, such as PixAI and Medal.tv. Makers Fund's general partners, Jay Chi and Michael Cheung, believe that the current moment is ideal to back companies that will shape the future of interactive entertainment, as the industry continues to evolve with new user behaviors, distribution models, and technology.
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