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Galaxy Interactive raises another $325M fund aimed at Metaverse and next gen games
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Galaxy Interactive, a venture capital firm focused on next generation interactive technolo, has announced it has raised $325 million for its second fund from 70 different investors.
The fund is focused on virtual and augmented reality, artificial intelligence, and blockchain-based games.
In an Oct. 19 announcement, Galaxy Digital, the majority owner of Galaxy Interactive, stated that $150 million from the fund has already been allocated to new portfolio companies including Republic, 1047 Games, Elodie, ROAR, Art Blocks and Masterworks with other additional investments to be announced in coming months.
Established in 2018 by general partners Sam Englebardt and Richard Kim, the company now has more than $650 million in assets under management
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