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The Venture Codex

Makers Fund

21255 Burbank Blvd, Ste 120, Woodland Hills, California, United States

Overview

Venture capital firm investing in interactive entertainment startups.

Founded

2017

Deals · 12mo

10

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Germany
Turkey
United Kingdom
United States

Sector focus

Finance
Financial Services
Gaming
Venture Capital

Investment portfolio

86rounds
NAMEDATESIZE
Bold Games
Jul 2026Led
$6 MSeed
Chance
Apr 2026Led
$3 MOther Equity
Packz
Apr 2026Participated
$11 MOther Equity
Highlight
Mar 2026Participated
$40 MSeries A
Cheer Games
Mar 2026Led
$5 MSeed
Vento Games
Mar 2026Led
$4 MSeed
Novig
Feb 2026Participated
$75 MSeries B
BLUFF
Feb 2026Participated
$21 MOther Equity
Midnite
Jan 2026Participated
$35 MSeries C
Donut
Nov 2025Led
$22 MSeed
Bondu
Oct 2025Led
$5 MSeed
VOYA Games
May 2025Led
$5 MOther Equity
Bold Games
Jul 2026Led
$6 MSeed
Chance
Apr 2026Led
$3 MOther Equity
Packz
Apr 2026Participated
$11 MOther Equity
Highlight
Mar 2026Participated
$40 MSeries A
Cheer Games
Mar 2026Led
$5 MSeed
Vento Games
Mar 2026Led
$4 MSeed
Novig
Feb 2026Participated
$75 MSeries B
BLUFF
Feb 2026Participated
$21 MOther Equity
Midnite
Jan 2026Participated
$35 MSeries C
Donut
Nov 2025Led
$22 MSeed
Bondu
Oct 2025Led
$5 MSeed
VOYA Games
May 2025Led
$5 MOther Equity
86
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Makers Fund: 86 funding rounds are recorded in the selected participation categories.All available history.
Makers Fund: 86 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed258
Series A513
Series B36
Series C+04
Other Equity913

Monthly Deal Activity

Makers Fund: 86 deals are recorded across 135 months.All available history.
Makers Fund: 86 deals are recorded across 135 months. All available history
MonthDeals
Aug '151
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '161
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '181
Feb '180
Mar '180
Apr '181
May '180
Jun '180
Jul '182
Aug '180
Sep '180
Oct '180
Nov '180
Dec '181
Jan '191
Feb '191
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '191
Sep '193
Oct '192
Nov '193
Dec '190
Jan '201
Feb '201
Mar '200
Apr '201
May '200
Jun '200
Jul '200
Aug '200
Sep '202
Oct '200
Nov '200
Dec '202
Jan '210
Feb '211
Mar '210
Apr '211
May '211
Jun '212
Jul '211
Aug '211
Sep '210
Oct '210
Nov '212
Dec '211
Jan '222
Feb '223
Mar '227
Apr '220
May '221
Jun '221
Jul '220
Aug '221
Sep '222
Oct '224
Nov '221
Dec '220
Jan '230
Feb '231
Mar '232
Apr '233
May '231
Jun '231
Jul '230
Aug '230
Sep '230
Oct '232
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '241
Jul '243
Aug '241
Sep '240
Oct '240
Nov '241
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '251
Dec '250
Jan '261
Feb '262
Mar '263
Apr '262
May '260
Jun '260
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

Makers Fund: Gaming & eSports is the largest displayed sector by deal count (60 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Makers Fund: Gaming & eSports is the largest displayed sector by deal count (60 deals). All available history
SectorDeals
Gaming & eSports60
Media & Entertainment25
Enterprise Software20
Crypto & Blockchain10
AR/VR8
AI & Machine Learning7
Social & Community Platforms7
Developer Tools7
Consumer & Lifestyle6
Networks, Cloud & Communication6
Hardware & Robotics6
Fintech6
Travel & Hospitality3
Marketing & Advertising3
E-Commerce & Retail2
Data, Analytics & IT2
Food & Agriculture2
Education & Workforce1
Government & Defense1
Cybersecurity & Privacy1
Transportation & Logistics1
Health & Life Sciences1

Deal Size Distribution

Makers Fund: 86 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Makers Fund: 86 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M22
$5M-$10M22
$10M-$25M19
$25M-$50M12
$50M-$100M6
$100M-$250M3
$250M-$500M2
$500M-$1B0
$1B+0

Deals By Geography

Makers Fund: United States has the largest recorded deal count among the displayed regions (34 deals).All available history.

Top 10 of 12 regions; European countries are grouped as Europe.

Makers Fund: United States has the largest recorded deal count among the displayed regions (34 deals). All available history
RegionDeals
United States34
Europe34
Australia3
Canada3
India3
Singapore2
Japan2
China1
Vietnam1
750011
Makers Fund: 20 co-investors are shown, with Play Ventures sharing 7 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Makers Fund: 20 co-investors are shown, with Play Ventures sharing 7 recorded deals. All available history
Co-investorShared deals
Play Ventures7
Andreessen Horowitz6
Galaxy Digital6
BITKRAFT Ventures5
Animoca Brands4
Anthos Capital4
Balderton Capital4
Hashed4
Index Ventures4
Northzone4
byFounders3
Courtside Ventures3
Dune Ventures3
Griffin Gaming Partners3
Horizons Ventures3
OCA Ventures3
Pantera Capital3
Peak XV Partners3
Raine Ventures3
Sequoia Capital3

Investment Strategy

Makers Fund: Led accounts for 49% and participating for 51% of round participation.All available history.
Makers Fund: Led accounts for 49% and participating for 51% of round participation. All available history
CategoryDeals (count)Share (%)
Led4249%
Participating4451%
Makers Fund: Single-lead accounts for 62% and co-led for 38% of lead dynamics.All available history.
Makers Fund: Single-lead accounts for 62% and co-led for 38% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead2662%
Co-led1638%

Team

Aðalsteinn "Alli" Óttarsson

Principal

Andrew Willson

Principal

Anna Sweet

Venture Partner

Archie Stonehill

Investor

Curtis Urbanowicz

Finance and Administration

Eric Feddersen

Graduate Intern

Jay Chi

Founding Partner

Matthew Ball

Venture Partner

Michael Cheung

Founding General Partner

Zen Chao

Investor