Startups and VCUpdated November 6

DENMU closes its fund above $50 million.

Earlier this year, DENMU set a $50 million target for its first fund. It has now closed with more than $50 million in capital commitments, oversubscribing that original goal. The fund is meant to support game developers through production, launch and growth, not just the making of a game. Its investors include game companies, founders, family offices and foundations. That scope follows developers from building a game to launching it and supporting its growth.

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Coverage started November 5