SG-based Play Ventures' debut fund generates 1.5x DPI in less than four years
The fund has seen at least three exits—Reworks, Dataseat, and Savage Game Studios.
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The fund has seen at least three exits—Reworks, Dataseat, and Savage Game Studios.
Singapore-based Play Ventures has raised $75 million for its blockchain gaming-focused fund called the Play Future Fund.
SG-based gaming-focused Play Ventures raises $135m for second fund Photo: Seam Do/Unsplash April 7, 2021 Singapore’s gaming-focused venture capital firm Play Ventures has raised $135 million for its second fund to invest in global game makers and entrepreneurs, according to an announcement. With this, Play Ventures has $175 million in total assets under management across both funds. Its debut fund closed in 2019 at $40 million. Play Ventures’s debut fund was backed by several gaming industry heavyweights including Rovio, the maker of Angry Birds; Modern Times Group, an international es...