🤑🤑🤑🤑🤑🤑Immutable, Polygon, and King River Capital Launch US$100 Million Web3 Game Investment Fund

Immutable and King River Capital, assisted by Polygon Labs, on Tuesday (19/3) launched the Inevitable Games Fund (IGF) investment fund worth US$100 million.

IGF leverages deep insights and resources from Web3 gaming giant Immutable and Ethereum scaling developer Polygon to identify high-growth opportunities for investors.

The investment process for the IGF fund will be led by King River Capital in collaboration with Immutable and Polygon providing key resources and Web3 gaming expertise.

This investment fund is said to be proof of the partners' commitment to driving innovation and growth in the Web3 gaming sector. Apart from that, IGF has also identified strong investment opportunities and has prepared 7 early stage investments. This includes Pixelmon, Metalcore, Guild of Guardians, and My Pet Hooligan.

The combination of King River Capital's expertise in venture investment and digital assets, along with Immutable and Polygon's expertise, uniquely positions IGF to identify best-in-class investment opportunities.

King River Capital will manage IGF's capital disbursement across a number of leading game studios, Web3 infrastructure and immersive gaming experiences.

IGF Investment Fund Supporters

This investment fund is offered privately and is only open to investment by certain types of professional and sophisticated investors. It will have a final investment fund limit of US$100 million.

So far, IGF has received a major commitment from Alpha Wave Ventures (which is supported by AlphaWave Global and Chimera Capital from Abu Dhabi Royal Group) and a commitment from Marit Circle which exists in the Web3 gaming sector.

Apart from that, IGF has also received major commitments from a number of family offices such as Mike Arrington (co-founder of CrunchFund and Arrington Capital), Steve Kokinos (from Sonic Boom Ventures and former CEO of Algorand), James and Robbie Ferguson (co-founders of immutable), #Web3