Global interactive entertainment venture capital firm Makers Fund has closed a USD500 million fund to invest in founders who are evolving and innovating the ecosystem.

The fund is Makers Fund’s third and largest, after a USD200 vehicle raised in 2017, and a USD260 million fund in 2020.

Makers Fund III is backed by endowments, foundations and institutions that have long-standing relationships with Makers Fund, and that are committed to supporting the games industry ecosystem for the long term. The fund aims to continue to support a diverse group of founders and ideas with a variety of backgrounds worldwide, both at Makers and across the industry.

Read more: Private Equity Wire