Web3 Gaming Venture Capital Fund Griffin Gaming Partners Announces Its Third Flagship Fund Is Targeting $500 million
2024-06-08 03:08:34
Griffin Gaming Partners, a venture capital fund for Web3 games, did not respond to a request for comment on why it lowered its target to $500 million for its third flagship fund, about 33% smaller than its previous fund. Griffin Gaming Partners raised $750 million for its second flagship fund in 2022, at the height of venture capital enthusiasm for Web3 and crypto games, but then the FTX bankruptcy caused the market to struggle. So far, Griffin Gaming Partners has invested in several Web3 game studios and infrastructure companies, including game content creation platform Nexus, Web3 game startup platform HyperPlay, Web3 game studio Gallium Studios, chain game developer UnCaged Studios, chain game studio SuperTeam Games, chain game company N3twork Studios, etc., and also led Forte's $180 million Series A financing.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Web3游戏风投基金Griffin Gaming Partners宣布第三只旗舰基金的募资目标为5亿美元Next article：
Frax Finance创始人：团队已重获官方X账户所有权，账户被盗系X内部事件
