https://techcrunch.com/2022/03/10/makers-fund-closes-third-fund-at-500m-to-back-interactive-entertainment-companies/

Makers Fund has raised its third fund of $500 million to invest in interactive entertainment startups. Founding partner Jayson Chi told TechCrunch that it now has over $1 billion in assets under management (AUM). The third fund is Maker’s largest fund after its $200 million fund raised in 2018 and a $260 million Fund II in 2020.

Makers Fund’s third fund will focus on early-stage investment, writing checks from $500K to $40 million, Chi said, adding that the median check will be between $5 million and $10 million. The VC firm is committed to supporting founders for the long run and therefore reserves a large share of its fund for follow on investments, Chi noted.