Play Ventures has raised another $135 million.

Play Ventures raises $135M for second fund to invest in game startups

Play Ventures has raised $135 million for a second fund to invest in game startups. The Play Ventures Fund II will have $135 million to invest in the world’s best game makers an entrepreneurs, said Harri Manninen in an email to GamesBeat.

This is much larger than the company’s previous $40 million fund, and altogether the company will have $175 million to invest in game companies.

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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.