News/Gaming VC Firm Konvoy Ventures Raises $150 Million Fund with Plans to Invest in Blockchain Games

Gaming VC Firm Konvoy Ventures Raises $150 Million Fund with Plans to Invest in Blockchain Games

Jul 07,2022,11:04
Gaming VC firm Konvoy Ventures announced the launch of its new $150M fund, Konvoy Fund III. The firm aims to spend about 20% to 30% of that money on blockchain and crypto-related games. Co-founder Josh Chapman said that the firm will consider making token-based investments instead of seeking equity. Konvoy Ventures is an investor of Sky Mavis, the developer of blockchain game Axie Infinity.
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