In an exciting development for the web3 gaming space, King River Capital, Immutable, and Polygon Labs have unveiled the Inevitable Games Fund (IGF), a $100 million investment vehicle dedicated to nurturing early-stage web3 gaming startups. In this article, we will cover everything you need to know about the new fund and what it means for the gaming industry at large.

Robbie Ferguson, President of Immutable, stated: “We are excited to be launching this pioneering fund in partnership with King River Capital and assisted by Polygon Labs. Our combined expertise, global relationships, and industry reach ideally position the Fund to identify and invest in the best web3 gaming and gaming infrastructure opportunities globally.”

High-Growth Opportunities

Harnessing the collective expertise and resources of industry leaders in the web3 space, the IGF aims to identify and bolster high-growth opportunities, providing investors with a unique entry point into this burgeoning sector.

Led by King River Capital, in collaboration with Immutable and Polygon Labs, the fund's launch comes at a pivotal juncture, with recent downturns in game venture capital investments amidst cryptocurrency market fluctuations. However, with Bitcoin reaching unprecedented highs, the tide may be turning, presenting both challenges and opportunities for startups in the gaming realm.

Zeb Rice, Managing Partner at King River Capital, emphasized the immense potential of the gaming sector, stating, "Video game spending surpasses global revenue from movies, streaming TV, and the music industry combined, making it ripe for transformative technological advancements."

Backed by prominent investors such as Alpha Wave Ventures and Merit Circle, as well as esteemed family offices, the IGF is poised to drive innovation and expansion within the gaming industry.

Rice further noted, "Similar to the exponential growth witnessed in mobile gaming, we believe web3 technology is poised for a monumental shift. The IGF offers investors unparalleled access to top-tier web3 gaming projects worldwide, poised to capitalize on this transformative shift."

Early-Stage Investments

Already, the fund has secured seven early-stage investments, including Pixelmon, Metalcore, Guild of Guardians, and My Pet Hooligan, representing a diverse spectrum of gaming experiences from decentralized gaming IP to Hollywood-style animations infused with team deathmatch gameplay.

Robbie Ferguson, President of Immutable, echoed Rice's sentiments, expressing enthusiasm for the fund's launch and its potential to identify and invest in premier web3 gaming and gaming infrastructure opportunities globally.

With a track record of investing in high-growth technology ventures, particularly within the crypto and web3 space, King River Capital brings extensive experience and strategic insight to the IGF, positioning it as a trailblazer in the realm of early-stage web3 gaming investments.