Patron Raises $100 Million Fund To Invest In Early-Stage Tech Startups

According to PANews, venture capital firm Patron, led by former gaming industry executives Jason Yeh, Brian Cho, and Amber Atherton, has raised a new $100 million fund. The fund aims to invest in early-stage tech startups with a focus on consumer-oriented technologies, particularly those inspired by gaming. The initiative has garnered support from notable Silicon Valley figures such as Marc Andreessen, Garry Tan, and Ron Conway. Patron plans to invest in 20 to 25 companies over the next three years, with individual investments ranging from $1 million to $4 million. The firm intends to leverage its gaming industry expertise to drive innovation in other markets, including AI virtual assistants and smart shopping assistants.