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1Clear out junk files and repair common Windows errors2Fix the driver behind crashes, sound loss and screen glitches3Repair Windows errors before they cause bigger problemsPlay Ventures closed its second fund at $135 million on April 6, 2021. The firm said Fund II would invest in game makers and entrepreneurs, taking the combined assets under management across its two funds to $175 million. Contemporary coverage reported that the fund’s first investment was a $1.5 million pre-Series A round for Indian mobile studio All-Star Games.
How much did Play Ventures raise for Fund II?
Play Ventures announced that Fund II closed at $135 million. The firm said the close brought its combined assets under management across its two funds to $175 million. The announcement was published in 2021, not a current fundraise. Play Ventures’ official news archive carries the announcement.
What was the fund investing in?
The official announcement described the mandate as investing in “the world’s best game makers and entrepreneurs.” In contemporaneous coverage, Play Ventures leader Harri Manninen said the firm planned to invest globally in early-stage game developers and gaming-service startups, while expanding in ecosystems including India and Latin America. He also said, “We have strong conviction that the best gaming teams can be founded and built anywhere in the world.” GamesBeat reported those plans on April 6, 2021.
Who received the first reported investment?
Game Developer reported that Fund II began deploying with a $1.5 million pre-Series A investment in All-Star Games, an Indian mobile studio. The amount refers to the reported investment round, not the size of the fund. Game Developer’s April 6, 2021 report identified it as the fund’s first investment.
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What was Play Ventures’ reach at the time?
Game Developer reported that Play Ventures had invested in 24 video game companies across 10 countries since December 2018. That is a historical count reported in April 2021, not a current portfolio total.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How does the 2021 fund compare with Play Ventures’ current focus?
Play Ventures’ current resources page describes investing globally from pre-seed through Series A. It lists game studios across platforms and business models, playable consumer apps that can benefit from game mechanics, and AI, B2B services, and infrastructure for games and apps. The firm currently states a typical initial investment range of US$1 million to US$5 million and says it reserves capital for follow-on rounds. These are current firm-level criteria, not established historical terms for Fund II. See Play Ventures’ resources page.
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What the announcement does not establish
- The cited announcement and contemporaneous reporting do not provide audited Fund II performance figures.
- They do not name Fund II’s limited partners or establish later deployment totals.
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