Startup Funding
Ongoing coverage on Startup Funding.
Latest coverage
Makers Fund raises $250m in fourth round to support interactive entertainment startups
Venture capital firm Makers Fund has raised $250 million in its fourth funding round, bringing its total assets under management to $1.5 billion. The firm will invest in startups focused on games and interactive entertainment, expanding beyond its initial focus to include consumer apps and creation platforms. Makers Fund has a history of successful investments, including Dream Games and FaceIt.
How Equity-Backed Loans for Founders Actually Work
Equity-backed loans allow founders to borrow against their private company stock without selling it, providing a way to access cash without immediate tax implications or diluting ownership. However, these loans come with high interest rates, fees, and low loan-to-value ratios, meaning founders only receive a fraction of their equity's worth. While they solve short-term liquidity issues, they do not address the underlying risk of concentrated wealth in a single, illiquid asset.
Nexon Announces Public-Private Partnership for Cultivating Next-Generation Game Development in Korea
Nexon, in partnership with Kona Venture Partners and Korea's Ministry of Culture, Sports and Tourism, has established a public-private fund committing ₩250 billion over five years to cultivate early-stage game development studios in Korea. The initiative aims to address a funding contraction in the market and support the creation of next-generation games and globally scalable intellectual property, particularly leveraging emerging technologies like AI.
Cheer Games raises $4.5m in pre-seed funding
Cheer Games has successfully raised $4.5 million in pre-seed funding. This investment will likely support the company's development efforts and expansion within the gaming industry.
