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King River Capital, Immutable, and Polygon Labs announce $100m Inevitable Games Fund

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King River Capital, in partnership with Immutable and Polygon Labs, has announced the launch of the $100 million Inevitable Games Fund. This venture will spearhead early-stage investments in cutting-edge projects in the web3 gaming sector.

These three companies are committed to supporting the success of the Web3 industry. The Inevitable Games Fund leverages the combined expertise and resources of Immutable X and Polygon Labs to identify promising investment opportunities in the rapidly expanding web3 gaming landscape.

Immutable X serves as a Layer 2 solution that simplifies game development and accelerates project growth. As a platform for NFTs and blockchain gaming, it offers unparalleled speed and flexibility. 

With dedicated support and user-friendly tools, Immutable X empowers developers to create games and eco-friendly NFTs. By democratizing access to Web3 technology, Immutable X is revolutionizing the gaming industry.

Based in Surry Hills, Australia, King River Capital is a venture capital firm established in 2019. Specializing in investing in high-growth technology companies and exceptional teams worldwide, the firm focuses on addressing critical challenges within expansive markets.

King River Capital’s investment philosophy focuses on being an engaged, global partner that offers valuable support and resources to the companies it invests in.

Polygon Labs has been actively involved in innovative blockchain projects aimed at scaling Ethereum. One notable initiative is the development of an “AggLayer,” which acts as an aggregation layer for synthesizing modular and monolithic blockchains using zero-knowledge proofs.

This project aims to establish a network “web” that functions like a single chain, providing unified liquidity and virtually limitless scalability.

The Inevitable Games Fund (IGF) is structured to provide resources and investment opportunities to drive growth and development in the Web3 gaming sector. 

Operating as an ecosystem-agnostic fund, the IGF leverages industry experts’ knowledge and resources to identify high-growth opportunities for investors.

Led by King River Capital in collaboration with Immutable and Polygon Labs, the fund targets professional and sophisticated investors. 

It has garnered commitments from notable entities such as Alpha Wave Ventures, Merit Circle, and various family offices.

The IGF has already achieved significant milestones, securing $30 million in its first close and identifying a strong pipeline of investment opportunities. 

Early-stage investments include projects like Pixelmon, Metalcore, Guild of Guardians, and My Pet Hooligan. 

These projects offer unique gaming experiences, from decentralized gaming IP to Hollywood-style animations featuring team deathmatch gameplay.

Read also; Immutable X Reveals zkEVM Roadmap, Powered by Polygon Labs

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