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

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Transcend Fund Secures $60m

Business

15 November 2023 13:44

Tags: Transcend Fund

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.”

Share:

Sources:

Report mistake Submit news

Related news

View All

T1 Partners with South Korean Navy

TL;DR

• T1 has signed an MOU with the South Korean Navy’s Power Analysis and Evaluation Team.
• The partnership focuses on...

  Business

  Feb 13, 2026

FaZe Vegas Partners with Capriotti's

TL;DR

Call of Duty League team FaZe Vegas has partnered with Capriotti’s as its official sandwich sponsor.

Capriotti’s branding will...

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Team Secret Expands to Vietnam

* Team Secret has officially entered Vietnam’s Arena of Valor competitive scene, marking its expansion into one of Southeast Asia’s...

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Discord will require age verification for all users starting in March, limiting unverified accounts to a teen-appropriate experience.

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