Makers Fund has closed its $250 million Fund IV, bringing total assets under management to $1.5 billion. The venture capital firm focuses on interactive entertainment and games. Founded in 2016, Makers was the first investor and largest shareholder in Dream Games, which CVC reportedly acquired for $5 billion. The firm's $180 million Fund I has distributed 3.6 times the capital invested, placing it in the top 1% of venture funds globally. Fund IV will continue Makers' strategy of backing creators in gaming, consumer apps, entertainment, and creation platforms. Portfolio companies include Voldex, the largest publisher on Roblox, and General Intuition, which recently raised $320 million for AI research. Makers operates teams across London, Reykjavik, Tokyo, Singapore, New York, and Los Angeles.

Istanbul-based mobile studio Bold Games has raised $6 million in funding to expand its team and scale its debut title, Market Match, a sort puzzle mobile game. The round was led by Arcadia Gaming Partners, Makers Fund, and e2vc, with participation from JIMCO and several angel investors. Bold Games was founded by CEO Ulas Mergen, CMO Atakan Tuglu, CTO Candas Demirel, and software engineer Baris Incesu. The founding team previously worked at studios including Bigger Games, Dream Games, Agave Games, ZeptoLab, and Rollic. The company is the latest mobile developer to secure funding in Türkiye's growing games sector. "Our ambition is to build games that players can love for years," said Mergen, emphasising the studio's focus on combining execution with creative product thinking.

Arcadia Gaming Partners MD Akin Babayigit has partnered with Makers Fund to launch AMF Capital, a new user acquisition financing fund led by MD Andrew Seow, a Makers Fund investor and former monetisation director at Tripledot Studios. The fund operates independently of both Arcadia and Makers Fund. AMF Capital's debut deal provides $28 million in UA financing to Bear Hug Entertainment, a rewarded games network with a portfolio including Mahjong, Solitaire and Blocks titles. Bear Hug has paid out over $500,000 in prizes to players to date. The fund aims to provide an alternative financing route for founders looking to scale revenue beyond traditional early-stage equity investment. AMF Capital has signed several additional agreements to be announced soon.