Konvoy Ventures launches $150 million fund targeting web3 gaming

Quick Take

  • The gaming venture capital firm announced the launch of a $150 million fund. 
  • The firm will continue its focus on the US, Europe and Africa while expanding into Asian markets such as India, Japan and South Korea. 

Venture capital firm Konvoy Ventures announced a new $150 million fund to invest in gaming, targeting web3 and blockchain-based gaming along with other verticals. 

According to a press release, the fund will also look at gaming platforms and companies at the intersection of industries such as education and healthcare. Geographically, the fund will continue to focus on the US, Europe and Africa while expanding its reach in Asia and Latin America. 

The company says it is hoping to tap into the massive growth the gaming industry exhibited during the pandemic. Today, there are a reported three billion gamers across mobile, console and PC platforms, according to statistics in the release. 

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