Makers Fund closes $250M Fund IV, pushing gaming-focused AUM to $1.5B
What's the deal? Makers FundDealroom has a profile for this one. Try Dealroom →, the venture capital firm built around interactive entertainment, has closed its $250M Fund IV. The close brings total assets under management to $1.5 billion. The fund will back founders building the next generation of games and interactive entertainment.
What's the endgame? Founded in 2016, Makers invests globally and across stages, taking a broad view of interactive entertainment. That spans games, consumer products, platforms, and services where entertainment is central or where gamer needs are uniquely served.
The track record: Makers was the first investor and largest shareholder in Dream Games, reportedly acquired by CVCDealroom has a profile for this one. Try Dealroom → for $5 billion. Its $180M Fund I has distributed 3.6x the capital invested, which the firm says places it in the top 1% of global venture funds.
Other portfolio bets include FaceIt, which preceded a billion-dollar acquisition; PixAIDealroom has a profile for this one. Try Dealroom →, a generative-AI platform for anime fans; and VoldexDealroom has a profile for this one. Try Dealroom →, which Makers seeded before it became the largest publisher on Roblox.
Why now? Makers frames Fund IV as a bet on founders navigating shifting user behaviour, new distribution models, and fresh technology. "Fund IV is that belief, doubled down," said general partner Jay Chi.
The firm points to its AI exposure through Medal.tvDealroom has a profile for this one. Try Dealroom →, the game-clipping platform it seeded, which now powers frontier research lab General Intuition. That lab recently raised $133M from Khosla Ventures and General Catalyst.
The signal: Makers is expanding while many investors have pulled back from gaming through the cycle. With teams in London, Reykjavik, Tokyo, Singapore, New York, and LA, it is positioning at the crossroads of games, consumer apps, and AI — betting that creators remain the constant as the landscape shifts.
Read more: MobiDictum · BusinessWire · GamesIndustry.biz · GamesBeat
Image credit: 50Fish
