Fundraising Fox

Makers Fund

Venture capital

Singapore · Pre-Seed–Series A · 23 people tracked

Also known as MAKERS INVESTMENT ADVISOR II SG PTE. LTD. · MAKERS INVESTMENT ADVISOR II US INC.

Find your way into Makers Fund

3,480 people in our graph share verified history with the Makers Fund team — schools, employers, funds. One of them is your warm intro.

James Detweilerunlockedknows Ryann Lai · together at Morgan Stanley (overlapped)
×3knows the team · via McKinsey & Company
×3knows the team · via Morgan Stanley
×2knows the team · via Dream Games
knows the team · via Cornell
knows the team · via National University of Singapore
Fox Verdict
Sign up to see your fit

Investment thesis

Makers Fund concentrates exclusively on games and interactive entertainment, partnering with visionary entrepreneurs at the earliest stages of their businesses. The firm aims to help founders build their initial foundation and support them through the challenges of early-stage growth. Beyond capital, it offers strategic guidance and access to a global network of industry allies. Drawing on its own knowledge, experience, and connections, the fund seeks to stay attuned to the shifting dynamics of the interactive entertainment industry, identifying opportunities and standing by its founders through uncertain conditions to drive innovation and growth across the sector.

Source: firm website, verified Sep 15, 2026.

Stage
Pre-Seed–Series A
Check
$500K – $40M
HQ
Singapore, CA, US
Leads rounds
Follows
Instruments
Equity
Founded
2017
Last 12 months
9 investments
Private fund assets
$718.4M
VC funds
9
Tracked investments
129

Team · 23 people

from the firm's website & curated & public directories
Curtis Urbanowicz· Investmentin
Jay Chi· Investmentin
Ryann Lai· Investmentin
Tyler Matheson· Investmentin
Walter Paleari· Investmentin
Yohei Ishii· Investment

Founder mafia

2 people who came through Makers Fund went on to found or lead other companies.

What they invest in

from 64 of 129 portfolio companies

Gaming ×44Consumer ×19AI & Machine Learning ×15Media & Entertainment ×11SaaS ×7Crypto & Web3 ×6Creator Economy ×5Developer Tools ×5

HQs:United States×25Finland×3United Kingdom×3Türkiye×2Canada×1Denmark×1

Who they back

founder profiles across 30 portfolio companies
47%
solo founders
14 of 30 mapped founding teams
61%
repeat founders
of 33 founders with career history
~2 yrs
old at investment
median across 15 dated deals

Founding team size:solo founder×142 founders×143 founders×2

Where their founders studiedfrom 31 founders with education data

California Polytechnic State University-San Luis Obispo ×2Carnegie Mellon University ×2Harvard University ×2Sophia University ×2UC Irvine ×2University of California, Berkeley ×2

What their founders studiedfrom 26 founders with field-of-study data

Computer Science ×8Business & Management ×6Humanities ×5Economics ×3Design & Architecture ×2Engineering ×2

Where their founders worked beforefrom 33 founders with career history

Riot Games ×5Facebook ×2Wargaming.net ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×3

4 founders hold a PhD · 4 hold an MBA (of 32 with degree data)

Investments · 129 tracked

founders shown can be your intro path

By year:2026 · 72025 · 22024 · 12023 · 72022 · 132021 · 102020 · 22017 · 143 dated

BetaDwarfbetadwarf.com𝕏✓ verified

BetaDwarf is a video game development studio founded in Copenhagen that creates and releases games, including the action title FORCED and the multiplayer game Minion Masters.

GamingCopenhagen, DK

Steffen Kabbelgaard(Founder)in

Co-investorsLondon Venture PartnersSQUARE ENIX

DreamCraft Entertainment, Inc.dreamcraft.cominNov 2021 · $10M✓ verified

DreamCraft is a game development platform that simplifies game creation through a built-in editor and asset library, enabling individual creators without programming or art skills to develop and monetize games.

ConsumerCreator EconomyDeveloper ToolsGamingSan Francisco, US

Tianyin Zhang(Founder/CEO)inVeronica Yao(Founder/COO)Tianyin Z.(Founder)in

Co-investorsY CombinatorDune VenturesLudlow VenturesFusionHiro Capital

Pocket7Gamespocket7games.comin✓ verified

Avia (Aviagames) develops competitive mobile gaming apps that use a matchmaking algorithm for skill-based tournaments.

ConsumerGaming

Co-investorsACME Capital

The Game Bandthegameband.comin𝕏May 2021 · $3M✓ verified

The Game Band is a game development studio that designs and builds video games.

GamingMedia & Entertainment

Sam Rosenthal(CEO / Creative Director)in

Co-investorsMatthew BallNetEaseValhalla Ventures

World Makersworldmakers.comin✓ verified

World Makers is a UK-based independent game studio that designs, builds, and operates cross-platform online multiplayer and live-service social games.

Gaming

1kx1kx.networkin𝕏Feb 2026 · $21M

1kx is an investment firm focused on crypto, backing founders and building an investment committee with cryptographic and operating experience.

Crypto & Web3

Lasse Clausen(Founder)inChristopher Heymann(Founder)in

Co-investorsMirana VenturesAndreessen Horowitz

Activ8activ8.co.jp

Activ8 produces and operates intellectual properties in the metaverse and XR space, including VTuber management, virtual events, and virtual production services.

Creator EconomyMedia & EntertainmentTokyo, JP

TAKESHI OSAKA(Founder)in

Co-investorsGlobal BrainKDDI Open Innovation FundKiraboshi Capital

Alta VR

Australian virtual reality studio behind A Township Tale, a social multiplayer VR game for Oculus Quest and PC.

Ancient8ancient8.gg

Ancient8 is a gaming-focused Ethereum Layer 2 blockchain designed for Web3 gaming, hosting fully on-chain games, games on X and Telegram, IP-infused games, and AI-powered games.

Crypto & Web3Gaming

Howard Xu(Founder)Trung Nguyen(Founder & CEO)

Co-investorsAnimoca BrandsCoinbase VenturesIOSG VenturesK300 VenturesMetastablePantera Capital+9 more

Atomontageatomontage.comin𝕏Aug 2021

Atomontage builds a browser-based 3D platform using "Virtual Matter" microvoxel technology that lets users create, edit, remix, and stream interactive 3D worlds across devices, with optional AI-assisted creation.

AI & Machine LearningDeep TechGamingWilmington, US

Daniel Tabar(Co-founder)inBranislav Siles, Ing.(Executive Officer, Director)

Co-investorsHartmann Capital

Audiomobaudiomob.ioin𝕏

Audiomob provides audio ad formats that let brands and artists reach users inside mobile apps across streaming, social media, podcasts, and gaming.

AdTechGamingMarketing Tech

Co-investorsSupernode Global

Audiomobaudiomob.comin𝕏

Audiomob provides non-intrusive audio advertising technology that lets advertisers and musicians reach audiences through audio ads placed in mobile games and apps.

AdTechGamingMedia & EntertainmentLondon, GB

Christian Facey(Founder)inWilfrid Obeng(Founder)in

Co-investorsCornerstone VCDigerati InvestmentsFlucas VenturesHoaQKube VCSamsung Next

Aviagames

AviaGames operates Pocket7Games, a mobile skill-based competition platform where players enter cash-prize tournaments.

Mountain View, US

Yanjuan Chen(Executive Officer, Director, Promoter)inPing Wang(Executive Officer, Director, Promoter)Dong Wei(Director)

BoardJayson Chi(Director)

Co-investorsACME Capital

BeyondOSbeyondos.ai𝕏

BeyondOS is a research lab building AI models and workflows for creating, operating, and monetizing interactive content such as games.

AI & Machine LearningDeep TechGaming

BIT ODDbit-odd.com

BIT ODD develops mobile games focused on gameplay and player experience rather than monetization through advertisements or deceptive mechanics.

Gaming

Toni Pesola(Founder)in

Co-investorsIndex VenturesGriffin Gaming Partners

Bitstar

BitStar Inc. is a Japanese content company working with online creators to produce content and creator-focused services.

Blocklordsblocklords.comMay 2022 · $15M

BLOCKLORDS, a blockchain medieval strategy game by MetaKing Studios, has evolved into BLOCKLORE, a node-based AI creative canvas.

David Johansson(Founder & CEO)

Co-investors2 Punks CapitalCogitent VenturesRyze LabsSWGI Ventures (SWISS GEM INVESTMENTS)Woodstock FundAnimoca Brands+3 more

Blocklordsblocklords.ioMay 2022 · $15M

BLOCKLORDS, the blockchain strategy game from Metaking Studios, has become BLOCKLORE, a node-based multimodal AI creation canvas.

Co-investorsWWVenturesAnimoca BrandsBITKRAFT VenturesShima Capital

Boldagebold.cominJul 2026 · $6M

Bold provides AI-enabled virtual care, exercise plans, and nutrition guidance tailored for seniors enrolled in Medicare Advantage and Original Medicare programs.

AI & Machine LearningDigital HealthHealthtechWellness & FitnessUnited States, US

Amanda Rees(Founder)inHari Arul(Founder)in

Co-investorsAndreessen HorowitzHDS CapitalKhosla VenturesPrimetime PartnersRethink ImpactSamsung Next+2 more

Bold Games

Istanbul-based mobile game studio building sort puzzle titles, starting with its debut game Market Match.

Bondubondu.comOct 2025 · $5.3M

bondu is an AI-powered, screen-free companion toy for children ages 4–8 that holds spoken conversations, tells interactive stories, plays games, and supports daily routines while remembering past interactions.

AI & Machine LearningConsumerHardware

Co-investorsSamsung NextBoost VCFoundersSamsung Ventures

Bossa Studios

London-based video game developer, trading as Bossa Games since 2023, known for Surgeon Simulator and I Am Bread.

CCP Gamesccpgames.cominMar 2023 · $40M

Fenris Creations (originally Loki margmiðlun) is a video game developer and publisher of interactive entertainment, known for the online game EVE Online launched in 2003.

ConsumerGamingMedia & EntertainmentReykjavik, IS

Co-investorsa16z cryptoBitkraft Esports VenturesEmfarsisNew Enterprise Associates (NEA)Thule InvestmentsAndreessen Horowitz+3 more

Chancechance.cc

Chance is a verification harness for AI agents that move money, checking each transaction against the user's stated intent before funds settle on-chain via escrow-gated, non-custodial execution.

AI & Machine LearningCrypto & Web3Fintech

Co-investorsPointer.CapitalHashed

Chancechance.coinApr 2026 · $3.2M

Chance is a platform used to discover professional projects and connect people who may want to help them.

Future of Work

Ludovic de Gromard(Cofondateur)in

Co-investorsEducapitalHashed

Chance

Los Angeles-based Chance Studios runs a collectibles app where Pokémon trading card collectors trade, manage collections and connect.

Cheer Games

Barcelona-based mobile studio building casual puzzle games and long-running franchises, founded by ex-Lion Studios leaders.

ControlZeecontrolzee.com

ControlZee is a US game studio building dot big bang, a browser-based platform for instantly playable multiplayer games.

Co-investorsHorizons Ventures

Donutdonut.comin𝕏Nov 2025 · $15M

Donut offers a Slack-based tool aimed at improving employee engagement, collaboration, and productivity within teams.

AI & Machine LearningFuture of WorkHR TechSaaS

Dan Manian(CEO & Cofounder)inJeff Manian(CTO & Cofounder)in

Co-investorsAccelDesigner FundHack VCAltos VenturesBloomberg BetaSky9 Capital

Dream Gamesdreamgames.comin𝕏Jun 2021 · $155M

Dream Games is a mobile game developer known for the titles Royal Match and Royal Kingdom, aimed at a global gaming audience.

ConsumerGamingIstanbul, TR

Soner Aydemir(Founder)in

Co-investorsBalderton CapitalIndex VenturesIVP (Institutional Venture Partners)

Dreamcraft

DreamCraft builds a game editor and publishing platform that lets creators without programming or art skills make games.

Drimage

DRIMAGE is a South Korean interactive media and entertainment company working in game publishing and mobile apps.

Drivetimedrivetime.fmin

San Francisco company building hands-free, voice-controlled trivia games that drivers play with their voices while commuting.

Co-investorsCanaan PartnersThe Chernin Group (TCG Crypto)

End Gameend.gg

ENDGAME is a game development studio that creates immersive gaming experiences using technology-first approaches, including AI-driven content generation and optimized development pipelines.

Gaming

Co-investors1confirmationAndreessen Horowitz

End Game Interactive

US game studio behind ZombsRoyale.io that builds fast-to-ship, cross-platform browser and mobile multiplayer games.

Ethlas

Acquired by Savvy Gaming Group

Co-investorsDragonflyMetastableVenturra

EVE Frontierevefrontier.com𝕏

EVE Frontier is a blockchain-based space exploration and survival game where players build and explore a persistent universe.

Crypto & Web3Gaming

Co-investorsEmfarsis

FACEITfaceit.comAcquired

Gaming platform for professional competitions in online multiplayer video games.

Niccolo Maisto(Founder)in

Co-investorsVARIVAnthos CapitalIndex VenturesUnited Ventures

Fenris Gameseveonline.comMar 2023 · $40M

A free-to-play space massively multiplayer online (MMO) game where players engage in large-scale battles, trading, and exploration within a persistent universe.

Gaming

Co-investorsAndreessen HorowitzRaptor GroupGeneral CatalystHashedNew Enterprise Associates (NEA)Nexon

FRVRfrvr.com

FRVR operates a platform that publishes and distributes a large catalog of casual browser and mobile games across genres such as puzzle, arcade, racing, sports, and merge games.

ConsumerGamingMedia & EntertainmentLondon, GB

Chris Benjaminsen(Founder)Dan Friedlaender(Founder)in

Co-investorsAccelHiro CapitalIndico Capital PartnersLince CapitalSamsung Next

Funtapfuntap.vnin

Funtap Games is a mobile game publisher founded in 2015 that licenses and distributes games with integrated local payment gateways, localization, and marketing services.

GamingMedia & Entertainment

Co-investorsColopl Next

Gaggle

Gaggle is an edtech company providing student safety and well-being monitoring for K-12 school districts.

Game BandMar 2026 · $4.5M

Los Angeles, US

Samuel Rosenthal(Executive Officer, Director, Promoter)

Co-investorsAndreessen HorowitzPlay Ventures

GameFamgamefam.comin𝕏Dec 2023

Gamefam develops and operates games on platforms like Roblox and Fortnite for Generation Z and Alpha audiences.

ConsumerGamingMarketing TechMedia & EntertainmentLos Angeles, US

Joe Ferencz(Founder)inRicardo Briceno(Executive Officer)in

BoardJosh Chapman(Director)inHarri Manninen(Director)in

Co-investorsBessemer Venture PartnersKonvoy VenturesPlay VenturesRaptor Group

Gameyegameye.comin𝕏Sep 2020 · $2.4M

Gameye is a game server orchestration platform that lets multiplayer game studios start dedicated game server containers on bare metal and cloud via a REST API, spanning 21 providers and 200+ datacenters worldwide.

Cloud ComputingDeveloper ToolsGamingRotterdam, NL

Sebastiaan Heijne(Founder)in

Co-investorsVolta VenturesLakestar

General Intuitiongeneralintuition.comin𝕏

General Intuition is an AI research organization focused on developing general artificial intelligence through learning and play-based approaches, utilizing game environments and reinforcement learning to teach machines perception, anticipation, and real-world reasoning capabilities.

AI & Machine LearningDeep Tech

Vincent Micheli(Co-founder)inPim de Witte(Co-founder)in

Co-investorsActivant CapitalAlliance VCAlliance VentureBackedBascom VenturesCastor Ventures (an Alumni Ventures Fund)+14 more

Genvidgenvid.comin𝕏

Genvid is a media technology company building studio-grade production management infrastructure for generative AI content, with native generation, version control, asset tracking, and provenance for film, TV, and games.

AI & Machine LearningGamingMedia & EntertainmentSaaSNew York, US

Jacob Navok(CEO & Co-Founder)inChristopher Cataldi(COO & Co-Founder)inFabien Ninoles(CTO & Co-Founder)inJerry Heinz(CIO)inStephan Bugaj(Chief Creative Officer)in

Co-investorsOCA VenturesAtreides ManagementGalaxy InteractiveHorizons VenturesMarch Capital PartnersValor Equity Partners

Genvid Technologiesgenvidtech.com

Genvid builds interactive livestreaming middleware for games and publishes large-scale interactive live events (MILEs).

New York, US

Christopher Cataldi(Executive Officer, Director)Jacob Navok(Executive Officer, Director)in

BoardGregory Milken(Director)

Co-investorsHorizons VenturesLightShed VenturesNTT DOCOMO VenturesThird Point VenturesMarch Capital PartnersOCA Ventures+1 more

Ggwpggwp.comJan 2021

GGWP provides an AI-based content moderation platform that detects and responds to disruptive user behavior and gives moderators automation and workflow tools.

AI & Machine LearningGamingSaaSHillsborough, US

George Ng(Co-founder)inKun Gao(Co-founder)inGeorge Xiao(Director)

BoardDennis Fong(Co-founder)in

Co-investorsBitkraft Esports VenturesPalm Drive CapitalSony Ventures Corporation

Good Shepherd
Grand Attic

Remote-first mobile games studio, formerly Hadi, developing casual mobile titles from a London headquarters.

Hadihadifinance.comin𝕏Apr 2023 · $5.3M

Hadi Finance offers invoice discounting for SME suppliers, allowing them to convert outstanding invoices into immediate working capital via a web and mobile platform.

FintechRetail TechSaaS

Co-investorsMicrotractionThe Baobab NetworkGriffin Gaming Partners

Hidden Doorhiddendoor.coin

Hidden Door builds an online roleplaying game that lets players explore and remix fictional worlds to create custom narratives.

AI & Machine LearningCreator EconomyGamingMedia & EntertainmentNew York City, US

Matt Brandwein(Founder)inHilary Mason(Founder)in

Co-investorsBetaworksHomebrewNorthzone

Hidden Door

New York startup building an online roleplaying platform where fans create interactive stories inside licensed fictional worlds.

Highlight

Highlight is an in-home product testing platform that recruits consumers and collects feedback for CPG brands.

Hirohiro.is𝕏acquired by OpenAI

Hiro provides automated security reviews for code and infrastructure, identifying vulnerabilities and generating customer-ready security documentation.

CybersecurityDeveloper ToolsEnterprise SoftwareSaaSNew York City, US

Ethan Blackburn(Founder)inDaniel Schofield(Founder)in

Co-investorsY Combinator

House of Blueberry

Digital-first fashion brand selling avatar wearables in virtual worlds and games such as Second Life, Sims 4 and Roblox.

Human Computer

San Francisco independent game studio building premium, story-driven "Triple-I" titles for consoles, PC and mobile.

HypeLab

HypeLab is a web3 ad network that uses wallet and on-chain data to target crypto ads across 200+ publishers.

Hyper Onlinehyper.onlinein𝕏Apr 2021Defunct

Hyper provides avatar and AI storytelling tools that enable consumers to create their own content and experiences, positioning itself in the creator economy space.

AI & Machine LearningConsumerCreator EconomyMedia & EntertainmentSocialSan Francisco, US

Aaron Ng(Founder/CEO)inLevanJimAndrew Breckenridge(Executive Officer, Director)

Co-investorsY CombinatorTwo Sigma Ventures

Exits · 1

IPOs and acquisitions across the tracked portfolio

Hiroacq. by OpenAI

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Makers Fund made?
Makers Fund has 91 tracked investments, 7 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
What stage does Makers Fund invest at?
Makers Fund invests at the Pre-Seed, Seed, Series A stages.
What is Makers Fund's typical check size?
Makers Fund typically writes checks of $500K – $40M.
What sectors does Makers Fund focus on?
Makers Fund focuses on Creator Economy, Gaming, Media & Entertainment.
Where is Makers Fund located?
Makers Fund is headquartered in Singapore, US.
Does Makers Fund lead rounds?
Makers Fund typically participates in rounds rather than leading them.
Who does Makers Fund co-invest with?
Makers Fund most often shares deals with Andreessen Horowitz, Play Ventures, Y Combinator, among 78 tracked co-investors.

Co-investors · 54

Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
Index Ventures

Index Ventures is a multi-stage venture capital firm that backs companies from Seed to IPO and beyond, including through its dedicated seed fund Index Origin.

$540K – $10.8M
Pantera Capital

Pantera Capital is a blockchain and cryptocurrency-focused investment firm that pioneered early crypto funds in the U.S., offering exposure through venture equity, early-stage tokens, and liquid tokens.

$5M – $100M
Bitkraft Esports Ventures

BITKRAFT Ventures is a global investment platform focused on gaming, interactive media, and related technologies, backing companies building at the convergence of physical and digital worlds (which it calls Synthetic Reality).

Both backed · 3
$100K – $5M
ACME Capital

ACME Capital is a venture firm that backs deep-tech founders combining technical ambition with decisive execution, supporting companies through every phase of growth.

Northzone

Northzone is a technology-focused venture capital firm investing across AI and deep tech on both sides of the Atlantic, backing companies from early stage through growth.

Both backed · 2
$1M – $50M
IVP (Institutional Venture Partners)

IVP (Institutional Venture Partners) is a venture capital firm that backs breakout companies at critical inflection points, helping them grow into enduring market leaders.

Both backed · 1
$15M – $75M
Matrix

Early-stage venture capital firm investing from idea through Series A, led by former founders and company builders who partner with technically-grounded entrepreneurs with clear visions.

Both backed · 1
$100K – $10M
Peak

Peak is an early-stage venture fund founded and run by entrepreneurs, backing extraordinary teams across Europe. It focuses on SaaS, marketplaces, and platforms.

Both backed · 1
$275K – $4.4M
LightShed Ventures

LightShed Ventures is an early-stage venture capital firm that pairs a TMT (technology, media, telecom) research and media platform with a venture fund, leveraging industry relationships to support portfolio entrepreneurs.

Both backed · 1
Founders

Founders, Inc is a San Francisco-based venture firm and community campus at Fort Mason that provides first checks and hands-on support to founders building in emerging technology domains.

Both backed · 1
$250K
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

$4.4M – $214M
42 more co-investors

Lightspeed Venture PartnersCraft VenturesGreylock PartnersLong Journey VenturesBenchmarkFJ LabsFoundation CapitalSound VenturesAtomicoPlug and Play VenturesQuiet CapitalFundersClubNextView VenturesPioneerInnovation EndeavorsFifth WallTodd and Rahul’s Angel FundNot Boring CapitalWEEKENDBanana CapitalVibe CapitalTq Ventures LlcWinklevoss CapitalAwesome People VenturesCowboy VenturesFuel CapitalWebb Investment NetworkPeak XV PartnersScience Venturesfoobar.vcFuture Perfect VenturesMetaPropSeed Club VenturesVersion One VenturesAmazon Alexa FundQuantstampElectric AntBig Idea VenturesTrammell Venture Partners (TVP)Double DownBabel Venturesnode.vc

Firms observed investing alongside Makers Fund, from public investor directories. Shared companies are the overlap with Makers Fund's recorded portfolio.

Similar investors

Featured in lists