TechFlow news, according to Bloomberg, venture capital firm Patron—led by former gaming industry executives Jason Yeh, Brian Cho, and Amber Atherton—has raised a new $100 million fund focused on early-stage consumer tech startups, particularly those inspired by gaming technology.
Patron is backed by several heavyweight Silicon Valley investors, including Marc Andreessen, Chris Dixon of Andreessen Horowitz, Fred Wilson, co-founder of Union Square Ventures, Garry Tan, president of Y Combinator, and Ron Conway, founder of SV Angel.
Patron plans to invest in 20 to 25 companies over the next three years, with individual investments ranging from $1 million to $4 million, focusing on leveraging gaming industry expertise to drive innovation in other markets, such as AI virtual assistants and intelligent shopping assistants.
