Griffin Gaming Partners has announced a $750 million fund which now makes it one of the largest VC firms targeting the gaming industry exclusively.
The firm will focus on Web3 and blockchain-based play-to-earn games, with more than half the company’s investments in 2021 going to this rapidly growing sector.
As blockchain-based games explode in popularity, investors are piling in to invest in the next big thing. Griffin Gaming Partners is one of the firms leading this march, and in its latest fundraising round, the firm brought in $750 million to invest in blockchain and Web3 gaming ventures. It now becomes one of the largest funds targeting gaming startups, with its leaders touting blockchain and digital asset integration in videogames as one of the most significant leaps in gaming history.
In its March 7 announcement, the firm revealed that its second fund had been oversubscribed as investors clamor for opportunities in gaming. The company had raised $250 million in its first fun
