According to PANews, venture capital firm Patron, led by Jason Yeh, Brian Cho and Amber Atherton, has raised a new $100 million fund to focus on investing in early-stage consumer-facing technology startups, especially gaming-inspired technologies.

The fund is backed by Silicon Valley heavyweights such as Marc Andreessen, Garry Tan and Ron Conway. Patron plans to invest in 20 to 25 companies over three years, with single investments ranging from $1 million to $4 million.

Patron is focused on leveraging its gaming industry experience to drive innovation in other markets, such as AI virtual assistants and smart shopping assistants.