Makers Fund Raises $250 Million for 4th Fund as Assets Under Management Reach $1.5 Billion
Updated
Updated · GamesIndustry.biz · Aug 20
Makers Fund Raises $250 Million for 4th Fund as Assets Under Management Reach $1.5 Billion
1 articles · Updated · GamesIndustry.biz · Aug 20
Summary
$250 million in new capital will go into Makers Fund's fourth vehicle, aimed at startups in games and broader interactive entertainment.
$1.5 billion in assets under management marks the firm's latest scale-up after a record $500 million raise in 2022 and a $180 million debut fund in 2016.
3.6 times invested capital returned has helped underpin the pitch, with exits and markups including Dream Games—valued near $5 billion last year—and FaceIt.
Makers is widening its remit beyond gaming into consumer apps, creation platforms and AI-linked bets such as PixAI and Medal.tv, reflecting changing user behavior and distribution models.