Makers Fund has closed its fourth fund with $250 million in commitments, raising total assets under management to about $1.5 billion to back interactive entertainment creators across games, consumer apps, entertainment, and creation platforms.

Founders come first: Jay Chi and Michael Cheung emphasize a founder-centric, flexible approach, offering equity, project financing, and marketing financing as needed to help build generational companies.

The firm plans to expand beyond games into consumer apps, entertainment, and creation platforms, maintaining a flexible toolkit to support founders across stages.

Makers’ portfolio highlights include early and ongoing backing for Dream Games, which progressed to a $5 billion acquisition by CVC, as well as FaceIt from seed through its billion-dollar exit and Voldex as a seed-backed Roblox publisher.

Additional bets include PixAI, a GenAI platform, and Medal.tv, a game clipping service connected to General Intuition, reflecting a broader interest in AI-enabled creator ecosystems.

Key portfolio milestones feature Dream Games, FaceIt’s successful exit, PixAI’s foray into GenAI for anime, and Voldex’s Roblox publishing path.

The article carries by Jade Martinez-Pogue and is timestamped August 20, 2026, 7:23 PM EDT.

Medal.tv remains linked to General Intuition’s AI initiatives, with related financing rounds noted alongside General Intuition’s funding totals.

Makers operates with a global, creator-led mandate, distributing investments roughly evenly across North America, Europe, and Asia, with no geographic restrictions.

Ongoing collaboration with General Intuition, via Medal.tv, highlights the overlap between gaming tech, digital content, and AI developments.

Fund I, sized at $180 million, has delivered about 3.6x invested capital, placing Makers among the top 1% of global venture funds by performance.

Overall, the firm has returned ~3.6x on invested capital since inception, a mark cited as evidence of its strong track record.