The Games Fund adds $17M to its game investment war chest

The Games Fund has added $17 million in funding to its game investment coffers, thanks to new support from mobile gaming companies Scopely and Com2Us.

The Games Fund launched in April and quickly exceeded its original target of $30 million. The Moscow and Los Angeles venture firm is still fundraising, but it already announced four investments and expects to close the fundraising at $50 million this fall to ensure continued investments.