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Unlocking Potential: $100M Inevitable Games Fund Boosts Web3 Startups

TL;DR

  • King River Capital, Immutable, and Polygon Labs launch a $100M Inevitable Games Fund to support early-stage web3 gaming startups.
  • The fund aims to capitalize on high-growth opportunities in the gaming industry, backed by notable investors like Alpha Wave Ventures and Merit Circle.
  • Already invested in seven startups, the fund focuses on diverse gaming experiences, from decentralized gaming IP to Hollywood-style animations.

King River Capital, Immutable, and Polygon Labs have recently announced the launch of the Inevitable Games Fund (IGF), a new $100 million initiative aimed at supporting early-stage web3 gaming startups. This fund represents a collaborative effort to foster innovation and growth within the gaming sector, leveraging the combined expertise, global relationships, and industry reach of its founding partners.

Robbie Ferguson, President of Immutable, expressed excitement about the partnership with King River Capital and the support from Polygon Labs, highlighting the fund’s potential to invest in leading web3 gaming and gaming infrastructure opportunities worldwide.

Improving Growth With the Inevitable Games Fund

The Inevitable Games Fund seeks to capitalize on high-growth opportunities in the gaming industry, which is currently experiencing a mix of challenges and opportunities due to recent downturns in venture capital investments and fluctuations in the cryptocurrency market. Despite these challenges, the fund’s launch is timely, coinciding with a period of recovery marked by rising Bitcoin prices.

Zeb Rice, Managing Partner at King River Capital, underscored the gaming sector’s immense potential, noting that video game spending outstrips global revenue from movies, streaming TV, and the music industry combined. The Inevitable Games Fund, backed by notable investors such as Alpha Wave Ventures, Merit Circle, and various esteemed family offices, aims to drive technological advancements and expansion within the gaming industry.

Rice also drew parallels between the anticipated growth in web3 technology and the historical expansion of mobile gaming, suggesting that the Inevitable Games Fund offers investors unique access to top-tier web3 gaming projects poised for significant impact.

Early-Stage Investments and Strategic Insights

The fund has already made seven early-stage investments in a diverse range of gaming experiences, including Pixelmon, Metalcore, Guild of Guardians, and My Pet Hooligan. These investments span decentralized gaming IP to Hollywood-style animations with team deathmatch gameplay, indicating the fund’s broad interest in innovative gaming concepts.

King River Capital, known for its investments in high-growth technology ventures, especially in the crypto and web3 space, brings valuable experience and strategic insight to the Inevitable Games Fund, positioning it as a pioneering force in early-stage web3 gaming investments.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

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Shummas Humayun

Shummas is a technical content creator, programmer, and a published STEM researcher. He also enjoys coffee, and gaming in his free time.

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