Jon Goldman is founder of Tower 26.
Jon Goldman is founder of Tower 26.
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Tower 26 venture fund will invest $50M in VR games and the metaverse

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

Veteran game investor Jon Goldman has raised a $50 million venture capital fund dubbed Tower 26 to invest in extended reality startups.

The firm will invest in virtual reality games and related areas like the metaverse, metaverse, the universe of virtual worlds that are all interconnected, like in novels such as Snow Crash and Ready Player One.

The fund is named after the Tower 26 lifeguard tower in Venice, California. Goldman went there frequently during the pandemic to make calls and work while the tower was out of service. It’s where he got to do some thinking. (Goldman is going to moderate a panel on VR gaming at our GamesBeat Summit 2022 event on April 26 to April 28).

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Written by

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.