Konvoy, an early-stage investment firm that invests at the ‘frontier’ of gaming, has launched a new $150 million fund.
With the new fund, Konvoy will have $270 million under management.
Konvoy Fund III will focus on pre-seed, seed, and Series A gaming companies within a number of different gaming verticals – including technology, platforms, Web3 gaming – and gaming companies operating at the intersections with other industries, including education and healthcare. Geographically, Konvoy, which leads the majority of the investments it makes, will continue to focus on North American, European and African markets, while actively expanding its investments into Latin America, India, South Korea, and South-East Asia.
Founded by Managing Partners Josh Chapman, Jason Chapman (brothers) and Jackson Vaughan, all passionate gamers with a deep knowledge of the industry, Konvoy will now invest larger amounts in around 30 early-stage companies over a period of the next two and a half years.
LPs backing the firm’s largest fund to-date include family offices, gaming and media corporates, and gaming founders. Currently employing six investment team members, and a Head of Platform, Konvoy will expand its team to 15-20 people by the end of 2023.
