Makers Fund creates $500M fund for innovation in video games

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The Makers Fund announced today that it has closed its third and largest fund, valued at $ 500 million. The fund will go to entrepreneurs who are innovating in the interactive entertainment ecosystem.

Jay Chi, founding partner of Makers, said in a statement: “Makers Fund’s approach is to be a partner for entrepreneurs creating innovative games, equipment and technology that will define the next generation of interactive entertainment. We value our investments as partners, We provide strategic guidance from a network of people who are equally passionate and committed to the gaming industry.

Makers Fund III is supported by makers according to makers “reputable endowments, foundations and organizations that have a long association with the Makers Fund”.

Michael Cheung, General Partner of Makers, added: “We founded Makers with the belief that we are entering a golden age for interactive entertainment, to change the way we think about investing in creative media and how we support early stage founders. … Our latest fund allows us to support founders throughout their journey from product launch to global scaling.

The Makers Fund also announced that it would expand its team to multiple hubs and has strengthened its network of partners and advisors.

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