Makers Fund

Makers Fund is a venture capital firm that focuses on early-stage investments in interactive entertainment, backing seed to Series B rounds across North America, Europe and Asia. Founded in 2017 and headquartered in San Francisco, California, with an additional office in Hong Kong, the firm supports founders through an extensive network and deep industry experience in gaming, media and related technology sectors including information technology, B2B and advertising technology.

Matthew Ball

Venture Partner

Chao Zen

Investor

CeCe Cheng

Venture Partner

Michael Cheung

General Partner

Jayson Chi

Founding Partner

Past deals in Entertainment

Human Computer

Seed Round in 2025
Human Computer is a standalone video game studio dedicated to crafting innovative and narratively rich gaming experiences. The company specializes in developing original games that push creative boundaries, allowing players to engage with compelling stories on various platforms.

Bit Odd

Seed Round in 2024
Bit Odd is a company that specializes in creating handcrafted game toys and engaging online games. It focuses on delivering a unique blend of wonder, weirdness, and delight through its offerings. The company aims to foster fun and creativity by providing various mobile games that enable players to interact and enjoy gaming experiences with friends. Through its commitment to crafting imaginative gameplay, Bit Odd enhances the recreational aspect of the gaming industry. For customer inquiries, the company utilizes telephone and email communication.

HYBE IM

Series A in 2024
HYBE IM, a subsidiary of HYBE, specializes in developing and publishing online games globally. It creates a diverse range of single-player and multiplayer gaming experiences, integrating advanced interactive media technology with music and entertainment elements to provide unique and innovative gaming perspectives.

Sekai Studio

Seed Round in 2024
We are creating next-level entertainment for Anime fans between episodes.

Forge

Seed Round in 2023
Forge, Inc. is a San Francisco-based company founded in 2014 that specializes in developing a gaming application designed for players to capture and share short clips of their in-game moments with friends. The application allows gamers to earn rewards and recognition for their achievements while providing a seamless, automatic, and user-friendly game capture experience. Users can download the Forge app for free, as it operates without advertisements, enhancing the overall gaming experience.

Forge

Seed Round in 2023
Forge, Inc. is a San Francisco-based company founded in 2014 that specializes in developing a gaming application designed for players to capture and share short clips of their in-game moments with friends. The application allows gamers to earn rewards and recognition for their achievements while providing a seamless, automatic, and user-friendly game capture experience. Users can download the Forge app for free, as it operates without advertisements, enhancing the overall gaming experience.

World Makers

Series A in 2023
World Makers is a game development studio focused on creating engaging horror-based online multiplayer games. The company specializes in action-oriented, first-person shooter games that challenge players' instincts related to trust and deception. By offering a diverse range of gaming experiences, World Makers aims to ensure that its games are both enjoyable and accessible to a wide audience of gamers.

Genpop Interactive

Seed Round in 2023
Genpop Interactive is a global consortium of software engineers, game designers, artists, and competitive gamers dedicated to creating original, next-generation team shooter games. The company aims to deliver AAA-quality titles and draws on decades of experience in game development, design, artificial intelligence, and music production across notable titles. It emphasizes collaboration across disciplines and a learning culture that enables gamers and creators to share knowledge and contribute to higher-quality games.

Storygrounds

Seed Round in 2023
Storygrounds is a platform enabling individuals of varying skill levels to collaboratively create webcomics.

Everybuddy Games

Series A in 2022
Founded in Tel Aviv, Israel in 2013, Everybuddy Games is a team of gaming enthusiasts dedicated to creating innovative and entertaining mobile games for a global audience.

Odyssey Interactive

Series A in 2022
Odyssey Interactive is a Canadian game development studio based in Grand Valley that was formed around a philosophy of creating 'Games you Live.' It emphasizes mobile-first design and aims to deliver emotionally resonant, replayable experiences that keep players thinking about them and feeling connected to a broader community. The studio was founded by four former Riot Games leaders, including veterans from the League of Legends Balance Team, Champion Design, and Teamfight Tactics, who seek to build a world-class development team and culture. Odyssey develops playable, narrative-driven games for console and mobile, offering both competitive and free-to-play experiences designed to foster purpose, community, and longevity.

Magic Games

Seed Round in 2022
Magic Games is a mobile gaming company that designs and develops casual multiplayer puzzle games for mobile devices. It focuses on community-driven, social-first experiences by blending multiplayer puzzle gameplay with user-generated content and by operating a game-creation platform that enables users to craft informal, social-oriented multiplayer games, fostering fellowship through friendly competition.

Theorycraft Games

Series B in 2022
Theorycraft Games operates as an independent game development studio that operates remotely. The company is in process of developing its first game codenamed Loki. Theorycraft was founded in 2020 and is headquartered in Los Angeles, California, United States.

Xterio

Series A in 2022
Xterio is a global game developer and publisher, empowering developers with its AI-driven platform. This platform streamlines development processes, engages users, and facilitates complex tasks both on-chain and off-chain, bridging traditional gaming with web3 experiences.

Hidden Door

Seed Round in 2022
Hidden Door is a game technology studio focused on creating an innovative online platform that combines artificial intelligence and storytelling. The company specializes in developing a narrative AI that transforms various works of fiction into interactive social roleplaying experiences. Its platform enables users, particularly children, to discover and craft their own stories through personalized characters, guiding them on adventures within diverse open story worlds. By leveraging AI and natural language processing, Hidden Door aims to enhance the storytelling experience, fostering creativity and engagement among players and creators alike.

Netspeak Games

Series A in 2022
Netspeak Games Ltd., founded in 2019 and headquartered in London, United Kingdom, specializes in the development of online multiplayer games for mobile and PC platforms. The company operates as a zero-crunch studio, focusing on creating immersive non-violent social massively multiplayer online games (MMOs). Its inaugural title is designed to provide a relaxed environment for players, allowing them to socialize, play, and unwind with friends. Through its games, Netspeak Games aims to foster meaningful experiences and build inclusive communities among players.

Portal Fantasy

Seed Round in 2022
Portal Fantasy is an adventure RPG game featuring pixel art graphics. Players can embody Heroes, exploring worlds filled with quests and creatures, or Architects, creating their own worlds for others to discover.

Gamefam

Series A in 2022
Gamefam is a prominent video game development studio founded in 2019 by Joe Ferencz and based in Los Angeles, California. Specializing in the Roblox platform, the company employs over 100 industry veterans and Roblox natives who collaborate to create engaging and innovative games. Gamefam's mission is to enhance the gaming experience by bringing creators' visions to life through teamwork and proven best practices. By focusing on increasing game monetization and player engagement, Gamefam aims to provide the gaming community with diverse and memorable experiences.

FRVR

Series A in 2022
FRVR is a gaming distribution platform that connects billions of players worldwide to engaging online games. It collaborates with game developers and innovative partners to deliver captivating content across various open and closed channels, democratizing game distribution beyond traditional app stores.

Hidden Door

Pre Seed Round in 2022
Hidden Door is a game technology studio focused on creating an innovative online platform that combines artificial intelligence and storytelling. The company specializes in developing a narrative AI that transforms various works of fiction into interactive social roleplaying experiences. Its platform enables users, particularly children, to discover and craft their own stories through personalized characters, guiding them on adventures within diverse open story worlds. By leveraging AI and natural language processing, Hidden Door aims to enhance the storytelling experience, fostering creativity and engagement among players and creators alike.

Dream Games

Series C in 2022
Founded in 2019, Dream Games is a Turkish company based in Istanbul that specializes in developing high-quality mobile games. Combining technology and creativity, the company aims to create casual games that provide engaging experiences for players.

DreamCraft

Series A in 2021
DreamCraft Entertainment Inc. is a game creation and monetization platform founded in 2018 and based in San Mateo, California. The company provides a user-friendly platform that enables video game modders to create, publish, and monetize games without the need for programming skills. By offering a no-code environment, DreamCraft equips users with tools to design, modify, and host their own games, facilitating a seamless experience for both creators and players across PC and mobile platforms. This approach empowers individuals to turn their gaming ideas into reality and potentially generate income from their creations.

Jam.gg

Series A in 2021
Jam.gg is a cloud-based platform that enables users to play party games directly in a web browser, offering a map for retro gaming. It supports social play from any device without installation, positioning it as a browser-first hub for premium retro titles and casual gatherings. The platform includes features such as live three-dimensional masks and filters, which enhance the experience by adding visual effects to two-dimensional games, making it possible to engage with classic titles in new ways.

Stream Captain

Series A in 2021
Stream Captain is a developer of a gaming platform designed to enhance the interaction between streamers and their viewers during live broadcasts. The platform enables streamers to host interactive games that viewers can participate in alongside them, primarily on streaming sites like Twitch. By fostering engagement through chat interactions, the platform keeps audiences captivated while allowing viewers to support their favorite streamers by purchasing or gifting in-game skins. This approach not only enhances the viewing experience but also encourages a sense of community and participation among users.

AviaGames

Series B in 2021
Founded in 2017, AviaGames develops and publishes mobile skill gaming apps where users can play and win real money. Its flagship platform, Pocket7Games, offers a variety of gaming categories under one membership system. Within two years, the company has achieved significant success in the U.S., leading monthly tournaments and ranking high on app store charts.

Dream Games

Series B in 2021
Founded in 2019, Dream Games is a Turkish company based in Istanbul that specializes in developing high-quality mobile games. Combining technology and creativity, the company aims to create casual games that provide engaging experiences for players.

World Makers

Seed Round in 2021
World Makers is a game development studio focused on creating engaging horror-based online multiplayer games. The company specializes in action-oriented, first-person shooter games that challenge players' instincts related to trust and deception. By offering a diverse range of gaming experiences, World Makers aims to ensure that its games are both enjoyable and accessible to a wide audience of gamers.

Multiverse

Series A in 2021
Multiverse, Inc. is a web-based platform that facilitates the creation, playing, streaming, and sharing of tabletop role-playing games. Founded in 2019 by Sara Alfageeh, Thariq Shihipar, and Hisham Bedri, the company is headquartered in Cambridge, Massachusetts. Multiverse not only offers users the ability to engage with games but also provides a marketplace where creatives can design and sell game assets, such as skins and artwork, to the community. The platform is accessible on various devices, including web browsers, PCs, and mobile devices, enhancing user interaction and accessibility.

Lightheart Entertainment

Series A in 2021
Lightheart Entertainment Oy is a mobile game development studio located in Helsinki, Finland. Founded in 2019 by a team of experienced developers, the company focuses on creating engaging mobile gaming experiences. Lightheart aims to innovate the game development process by minimizing time-to-learning and establishing scalable development practices. The studio emphasizes the importance of data and craftsmanship in decision-making, with the goal of not only producing high-quality games but also enhancing the methodologies used to create them.

Dream Games

Series A in 2021
Founded in 2019, Dream Games is a Turkish company based in Istanbul that specializes in developing high-quality mobile games. Combining technology and creativity, the company aims to create casual games that provide engaging experiences for players.

Redhill Games

Funding Round in 2021
Redhill Games Ltd. is a Helsinki-based video game development studio founded in 2018 by former Remedy CEO Matias Myllyrinne, along with key figures from Wargaming and Remedy. The company specializes in creating accessible and high-quality free-to-play PC games, particularly in the multiplayer tactical shooter genre. Redhill Games aims to deliver engaging team-based gaming experiences to a global audience, leveraging the expertise of its founders to innovate within the gaming industry.

Jam.gg

Seed Round in 2020
Jam.gg is a cloud-based platform that enables users to play party games directly in a web browser, offering a map for retro gaming. It supports social play from any device without installation, positioning it as a browser-first hub for premium retro titles and casual gatherings. The platform includes features such as live three-dimensional masks and filters, which enhance the experience by adding visual effects to two-dimensional games, making it possible to engage with classic titles in new ways.

Funtap

Series A in 2020
Funtap specializes in mobile game publishing and development, offering engaging role-playing, strategy, and action games with immersive storylines. They also provide wealth tech management platforms and digital payment services.

Superplus Games

Venture Round in 2020
Superplus Games Oy is a Helsinki-based company founded in 2015 that specializes in the development and commercialization of casual multiplayer games for mobile platforms. The company has achieved significant success with its flagship game, Hills of Steel, which has garnered over 50 million downloads and received recognition as an Editors’ Choice on Google Play. Unlike many developers who focus on competitive genres such as real-time strategy, role-playing, and first-person shooters, Superplus Games aims to introduce playful competition within the casual gaming sector. The company's mission is to create engaging games that players will enjoy for extended periods, and it employs a data-driven approach to inform its development decisions and strategies.

DreamCraft

Seed Round in 2020
DreamCraft Entertainment Inc. is a game creation and monetization platform founded in 2018 and based in San Mateo, California. The company provides a user-friendly platform that enables video game modders to create, publish, and monetize games without the need for programming skills. By offering a no-code environment, DreamCraft equips users with tools to design, modify, and host their own games, facilitating a seamless experience for both creators and players across PC and mobile platforms. This approach empowers individuals to turn their gaming ideas into reality and potentially generate income from their creations.

End Game Interactive

Seed Round in 2020
End Game Interactive is a game development company known for creating ZombsRoyale.io, a real-time multiplayer shooter accessible through web browsers on various platforms. Originally focused on developing third-party applications for games like Pokévision, the company has since shifted its focus to building an online gaming community that features advanced competitions and interactive experiences. By providing a platform for real-time gameplay and story-based games, End Game Interactive enables gaming enthusiasts to connect and engage with one another, fostering a vibrant online community.

Netspeak Games

Seed Round in 2020
Netspeak Games Ltd., founded in 2019 and headquartered in London, United Kingdom, specializes in the development of online multiplayer games for mobile and PC platforms. The company operates as a zero-crunch studio, focusing on creating immersive non-violent social massively multiplayer online games (MMOs). Its inaugural title is designed to provide a relaxed environment for players, allowing them to socialize, play, and unwind with friends. Through its games, Netspeak Games aims to foster meaningful experiences and build inclusive communities among players.

Medal

Series B in 2020
Medal is an online platform designed for gamers to create, watch, share, and analyze gaming highlights. The platform allows users to capture key moments from their gameplay using various recording methods, which can then be shared with others. This functionality enables gamers to showcase their skills and enhance their overall gaming experience by easily sharing digital clips and highlights from live streams.

Bossa Studios

Series B in 2019
Bossa Studios is an independent game developer and publisher founded in 2010 and based in London. It creates and releases original titles for Steam, iPad, mobile, handhelds, and consoles, aiming to offer accessible, innovative experiences that defy traditional genres. Its portfolio includes Monstermind (BAFTA-winning), Surgeon Simulator (BAFTA-nominated), I am Bread, and Worlds Adrift, reflecting a focus on comedy, physics-based gameplay, and cross-platform availability to engage diverse audiences.

Dream Games

Seed Round in 2019
Founded in 2019, Dream Games is a Turkish company based in Istanbul that specializes in developing high-quality mobile games. Combining technology and creativity, the company aims to create casual games that provide engaging experiences for players.

Unit 2 Games

Venture Round in 2019
Unit 2 Games Limited is a video game development company based in Warwickshire, United Kingdom, founded in 2017. It specializes in creating Crayta, a collaborative game creation and sharing platform that enables users, regardless of their experience level in game development, to develop and share customized multiplayer games. The platform is designed to be user-friendly, allowing both novice and experienced creators to engage in the game development process, fostering a community where users can interact and share their creations. Through its innovative approach, Unit 2 Games aims to democratize game development and promote creativity among gamers.

Medal

Series A in 2019
Medal is an online platform designed for gamers to create, watch, share, and analyze gaming highlights. The platform allows users to capture key moments from their gameplay using various recording methods, which can then be shared with others. This functionality enables gamers to showcase their skills and enhance their overall gaming experience by easily sharing digital clips and highlights from live streams.

BetaDwarf

Series A in 2019
BetaDwarf is a video game development studio focused on creating engaging and challenging cooperative gaming experiences that foster lasting friendships among players globally. The company specializes in utilizing augmented reality technologies to enhance gameplay, making its offerings accessible across a variety of platforms, including computers and gaming consoles. By pushing the boundaries of cooperative gaming, BetaDwarf aims to connect gaming enthusiasts through innovative and enjoyable digital experiences.

Drivetime

Series A in 2019
Drivetime, Inc. is a San Francisco-based company that specializes in designing and developing interactive audio games for the entertainment industry. Founded in 2018, Drivetime offers an online platform that allows users to engage in trivia games and challenge friends, family, and co-workers while driving. The company focuses on creating non-distracting, voice-driven gameplay, enabling users to participate in hands-free gaming experiences that can be enjoyed during their commutes.

Redhill Games

Venture Round in 2019
Redhill Games Ltd. is a Helsinki-based video game development studio founded in 2018 by former Remedy CEO Matias Myllyrinne, along with key figures from Wargaming and Remedy. The company specializes in creating accessible and high-quality free-to-play PC games, particularly in the multiplayer tactical shooter genre. Redhill Games aims to deliver engaging team-based gaming experiences to a global audience, leveraging the expertise of its founders to innovate within the gaming industry.

Popcore

Venture Round in 2019
Popcore GmbH, founded in 2018 and based in Berlin, Germany, specializes in the development of mobile games. The company focuses on creating hyper-casual games, including pops and puzzles, designed to provide entertaining experiences for mobile users. Popcore's games are ad-driven and available across various application stores, catering to a broad audience seeking casual gaming entertainment.

Medal

Seed Round in 2019
Medal is an online platform designed for gamers to create, watch, share, and analyze gaming highlights. The platform allows users to capture key moments from their gameplay using various recording methods, which can then be shared with others. This functionality enables gamers to showcase their skills and enhance their overall gaming experience by easily sharing digital clips and highlights from live streams.

Activ8

Venture Round in 2018
Activ8 Inc. is a content development company based in Minato, Japan, founded in 2016. The company specializes in creating virtual content, focusing on virtualization and metaverse production. Its services encompass the development of digital avatars, including 3D model creation and 2D animation, as well as event sponsorship. Activ8 also offers a management tool called Bizfolio, which aids in the organization and promotion of projects within the animation, web development, and graphic design sectors. The company’s platform facilitates job matching for virtual talent and supports the sale of original goods, enhancing the planning and management capabilities for businesses engaging with virtual talent.

BitStar

Series C in 2018
BitStar Inc. is a Tokyo‑based company founded in 2014 that offers a comprehensive suite of services for video and content creators. Its platform accelerates creator growth by providing content production, brand development, and data analytics tools. The firm also supplies influencer marketing and support services, including promotion through advertising solutions for travel, gaming, cosmetics, automotive, toy, and consumer goods sectors, as well as event management such as pop‑up stores and off‑sessions. Additional services cover merchandising, VTuber and music production, fan‑letter and gift handling, and accounting. BitStar operates an online fan club called Costa and facilitates media appearances on television, magazines, and other outlets, while enabling overseas casting. The company partners with advertising networks to help creators, enterprises, and entertainment entities enhance audience engagement and build sustainable digital brands.

FRVR

Seed Round in 2018
FRVR is a gaming distribution platform that connects billions of players worldwide to engaging online games. It collaborates with game developers and innovative partners to deliver captivating content across various open and closed channels, democratizing game distribution beyond traditional app stores.

TinyBuild

Seed Round in 2018
TinyBuild is an independent video game developer and publisher that partners with indie studios to create and publish a diverse range of games across desktop, mobile, consoles, and virtual reality. It is known for titles such as Hello Neighbor, SpeedRunners, Party Hard, and Clustertruck. The company develops and releases games for platforms including Windows, macOS, iOS, Android, Xbox, PlayStation 4, Nintendo Switch, and VR devices. Based in Bellevue, Washington, TinyBuild focuses on building lasting intellectual property and multi-game franchises through strategic partnerships and ongoing support for its developer partners.

Typhoon Studios

Seed Round in 2017
Typhoon Studios Inc. is an independent game developer based in Montreal, Canada, founded in 2017. The company focuses on creating innovative gaming experiences for both PC and console platforms, aiming to establish a distinct voice in the industry. Typhoon Studios is committed to the ongoing development of their games, fostering engagement and growth with their audience. As of December 2019, it operates as a subsidiary of Google LLC.

Bossa Studios

Series A in 2017
Bossa Studios is an independent game developer and publisher founded in 2010 and based in London. It creates and releases original titles for Steam, iPad, mobile, handhelds, and consoles, aiming to offer accessible, innovative experiences that defy traditional genres. Its portfolio includes Monstermind (BAFTA-winning), Surgeon Simulator (BAFTA-nominated), I am Bread, and Worlds Adrift, reflecting a focus on comedy, physics-based gameplay, and cross-platform availability to engage diverse audiences.
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