Industry News May 18, 2022 Andreessen Horowitz launches $600 million fund to invest in video games and metaverse Private VC firm Andreessen Horowitz has established Games Fund One, a $600 million fund aimed solely at video games. The company will invest in developers to contribute to building the future around the metaverse.
Industry News March 17, 2022 Kowloon Nights surpasses $150 million in revenue across its portfolio of indie games Kowloon Nights, a fund for indie developers, has generated $150 million across its big gaming catalog. On top of that, the company also signed eight new titles.
Industry News March 10, 2022 Makers Fund raises $500 million to invest in innovative video game startups Makers Fund has closed its largest fund, raising $500 million for innovations in interactive entertainment. This time the company will focus on early-stage investment, with the median check between $5 million and $10 million.
Industry News April 23, 2021 Russia’s government to create fund for developers of patriotic video games This initiative was promoted by local IT companies, Mail.ru Group and Yandex. Its main goal is to support games that popularize Russian history and culture. However, some industry experts are against it.