Crosscut Ventures raises $75M fund for early-stage tech and gaming startups in LA

Crosscut Ventures announced its new $75 million fund to invest in early-stage startups and seed investments in the Los Angeles area. The fund’s establishment shows there’s still interest in investing in Southern California startups and gaming enterprises as well.

Crosscut also announced that Clinton Foy is joining the team as a new managing director, bringing additional operating and gaming expertise to the Venice, Calif.-based firm.

Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks. 

Join now →

Sign in to your account.

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.