Interactive Gaming Ventures will fund indie titles made with Unreal Engine 4

Interactive Gaming Ventures launched in March with the goal of funding two to three indie games per year. Today, it announced that it is looking for new titles developed using Unreal Engine 4, and it has teamed up with Epic Games to make that happen.

Former PlayStation president Jack Tretton heads up the fund as a managing partner, which plans to invest $1 million to $5 million in each game. Interactive Gaming Ventures will fund projects based on milestones, and it will also help market and distribute the titles when they’re ready to launch. Developers will retain their IP.