M&A Finance
K&L Gates
Full Credential Description
K&L Gates played a pivotal role in the establishment of the US$100 million "Inevitable Games Fund" (IGF), launched by Immutable in collaboration with King River Capital and Polygon Labs. The IGF is designed to invest in Web3 gaming and infrastructure opportunities, addressing a significant gap in capital availability for this rapidly growing sector. The unique challenge faced by Immutable and its partners was the need for a dedicated fund that could provide financial support to innovative game studios and Web3 infrastructure firms, thereby enhancing the visibility and appeal of the Web3 gaming industry. The tailored solution provided by K&L Gates involved comprehensive legal guidance throughout the fund establishment process. The firm leveraged its expertise in asset management, cross-border funds, and blockchain technology to navigate the complexities of launching a pioneering fund in the blockchain gaming space. This collaboration not only facilitated the creation of the IGF but also positioned it as a flagship global venture fund, offering investors access to top-tier Web3 gaming projects. The results of this initiative are significant. The IGF is expected to serve as a crucial capital source for developers and gamers, fostering innovation in the Web3 gaming sector. By establishing this fund, Immutable and King River Capital aim to capitalize on the burgeoning market for blockchain games, which has already reached billions in traditional gaming. The successful launch of the IGF exemplifies a strategic partnership approach that enhances investment opportunities in a cutting-edge industry, ultimately contributing to the growth and evolution of Web3 gaming.
Measurable Results
Successfully completed $100M transaction