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Riot Games Commits $10M To Minority Owned Game Studio Investments

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Los Angeles-based Riot Games is looking to help patch up rocky race relationships in the United States, saying over the weekend that it will invest $10M in minority-owned game studios, in addition to providing $1M to the Innocence Project and the ACLU (American Civil Liberties Union), via is Social Impact Fund.

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Patron Picks Up $90M For Games, Consumer, Web Investments

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According to Patron, its first fund, Patron Fund I, will go to investments into Web 3 (P2E/NFTs) and consumer categories such as education, fitness, personal finance, and more. Yeh and Cho said that they have served across such companies as Riot Games, FirstMark Capital, and Andreessen Horowitz.

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Griffin Gaming Partners Backs Mobile Game Developer Spyke

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Santa Monica-based venture investment firm Griffin Gaming Partners is the lead investor in Turkish mobile gaming developer Spyke, Spyke said on monday. According to Spyke, it raised $55M in its seed funding round from Griffin Gaming Partners. Spyke's team comes from Peak Games, Zynga and Riot Games.

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White House Order Bans TikTok, WeChat

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The complete implications of the executive order are unclear, however, Tencent has a large presence and investments across Southern California's the US tech industry, including owning 100 percent of Los Angeles-based Riot Games , 40 percent of Epic Games , 5 percent of Los Angeles-based Activision Blizzard , not to mention having business deals with (..)

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NI0, Backed By $500K From Tech Investors, Gears Up For Launch

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NI0 says its seed investors include Tim Chen of HTC, Trill Ventures (which has invested in Jarvish and 23 and Me); Eddy Chan (an investor in PayPal and SpaceX), Charles Huang (founder of Red Octane, the company behind Guitar Hero), and Chris Cobb, Sr. Riot Games).

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Singularity 6 Takes $16.5M In Series A

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Andrew Chen, a Partner at Andreessen Horowitz, will join the company's board of directors as part of the investment. According to Singularity 6, it is looking to deliver a "more meaningful" online game experience. Singularity 6 said the new funding will help it power up its technology and game development efforts.

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Gamzee Gets Seed Funding

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Los Angeles-based Gamzee , a developer of HTML5 and mobile/social games, announced Thursday that it has raised $1M in a seed round of funding. Paul Ksller of Bristol Investment Fund joins the firm's board as part of the funding.