Transcend Fund Secures $60m

Transcend Fund Secures $60m

Business

15 November 2023 13:44

In its second funding round, Transcend Fund secured nearly $60m. The company currently has $150m in assets. The fund will focus on early-stage companies. The fund aims to invest in early-stage gaming companies.

Transcend Fund's Bergel stated “We are very cognizant of the current moment in time and how difficult it is to get anything done when things are so tight. And interest rates are where they are and that has knock-on effects. That said, we speak a lot with investment bankers about the current market for M&A. It has been hot and it has cooled a bit, but that always happens. We still see the road ahead as going up.”

Tags: Transcend Fund

Share:

Sources:

Report mistake Submit news

Related news

View All

Mbappe Fronts FC 27's Premium Tier as EA Holds Its Second Cover Back

EA Sports has confirmed Kylian Mbappé as the cover athlete for EA Sports FC 27's Ultimate Edition, announced on July...

Business

Jul 23, 2026

Your Old Xbox Purchases Now Travel With You to PC and Handhelds

Microsoft has switched on Xbox Backward Compatibility for PC, letting players boot up classic original Xbox games on Windows machines...

Business

Jul 23, 2026

Unity 7 Is a Trust-Rebuilding Exercise Dressed as a Roadmap

After a fumble, this feels like an apology. Unity announcing Unity 7 at Unite Seoul reads on the surface like...

Business

Jul 22, 2026

Mighty Doom Studio Alpha Dog Games Returns to Independence

Alpha Dog Games, has reclaimed its independence roughly two years after Microsoft closed it. The news first surfaced not through...

Business

Jul 22, 2026

Call of Duty NEXT Lands August 21, MW4 Beta Follows Immediately

Activision has confirmed that its annual Call of Duty NEXT showcase will take place on August 21, 2026, headlining Modern...

Business

Jul 21, 2026