Gaming-focused venture capital firm Griffin_GP has raised a new $750 million fund that includes a Web 3 focus, and now has more than $1B in AUM. BrandyBetz reports.
Griffin Gaming Partners announced an oversubscribed second fund with at least $750 million committed. While the fund has a broader gaming industry focus, Griffin Partners’ Phil Sanderson and Nick Tuosto told CoinDesk its already logged 16 investments related to Web 3 to date, which accounted for more than half of the deployed capital.
Investments for Griffin’s Fund II came from major institutions, university endowments, family offices, sovereign wealth funds and strategic partners in the gaming industry, Tuosto told CoinDesk.
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