Makers Fund, the tech funding company, has closed a $500 million fund to the games industry, tech startups, and other seed ventures.
Being the company’s third fund, this fund clinched the highest amount among the other two ($200 million funds in 2017 and $260 million funds in 2020). Previous funds were assessed as investments to over 90 companies. The investment portfolio of Makers Fund consists of Dream Games, Genvid, and AviaGames, along with many more.
“We founded Makers with the conviction that we were entering the golden age for interactive entertainment, to change the way we all think about investing into the creative medium and how we support early-stage founders. The industry has since catapulted from $100B in 2017 to $170B in 2021 as consumer adoption and engagement accelerates across all demographics and geographies. Our latest fund allows us to back founders throughout their journey from product inception through to global scaling.”
Michael Cheung, Makers Fund general partner.
These funds will be used as investments to the founders that “evolve and innovate the ecosystem” from “production inception.”
Jay Chi, the Makers Fund founding partner, added the following:
“We treat our investments as partnerships, providing founders with a deep support system and strategic guidance from a network of advisors who are equally passionate and committed to the gaming industry. As one of the first gaming funds, we believe introducing long-term capital demonstrates the opportunity ahead and guarantees our support of the industry for decades to come.”
