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Makers Fund raises $250M Fund IV

Makers Fund announces $250M Fund IV, along with several portfolio company funding news.

Makers Fund Closes $250M Fund IV

Makers Fund, a venture capital firm founded in 2016, has closed its fourth fund at $250 million, bringing its assets under management to $1.5 billion. Fund IV will invest globally across stages in the next generation of games and interactive entertainment, and the firm said it is expanding beyond games into consumer apps, entertainment and creation platforms. Makers has invested in more than 90 portfolio companies and reports that its $180m Fund I has distributed 3.6x the capital invested. The firm said it will use equity, project financing and marketing financing as needed to back founders.

• Makers Fund closed its fourth fund (Fund IV) at $250 million.
• The firm’s total assets under management rose to $1.5 billion.
• Makers has invested in more than 90 portfolio companies since its 2016 founding.

Atomontage rebuilds Virtual Matter for browser AI UGC

Atomontage has rebuilt its Virtual Matter creation platform to enable browser-based user-generated multiplayer games that players can enter via a link with no install. The platform uses ordered, compressed volumetric samples streamed progressively to phones, and adds an optional, model-agnostic AI agent for creation; expensive GPU inference is separated from CPU-only game hosting so play remains low-cost. Atomontage is backed by Makers Fund, Hartmann Capital and a group of angel investors. The company charges makers subscriptions plus metered AI credits, plans a marketplace and engine royalty model, and expects standalone export to itch.io and Steam later in 2026. Cofounders Daniel Tabar and Branislav Siles position the tech as lowering the floor for creators while raising the ceiling for professional designers.

• Atomontage rebuilt its Virtual Matter platform to enable browser-based UGC multiplayer worlds that load from a link with no install.
• The platform uses ordered, compressed volumetric samples streamed progressively to devices and stores persistent, editable world state.
• AI assistance is optional and model-agnostic; GPU inference for creation is routed separately while world simulation and multiplayer run on CPU-only servers.

Legato Launches AI Hearing Glasses for Mild Hearing Loss

Legato, a hearing tech startup, announced the commercial launch of its AI-powered hearing glasses, Legato Frames, now available for purchase starting at $999. Designed for adults with up to moderate hearing loss, the glasses integrate patented hearing-assistance technology into eyewear frames, addressing cost, comfort, and stigma associated with traditional hearing aids. The AI system distinguishes voices from background noise and amplifies speech while reducing unwanted sounds. The open-ear design uses a dual-speaker system to direct sound to the wearer while canceling escape, reducing sound by 99% inches away. All processing happens on-device with no cameras or recording. The glasses weigh 34 grams, offer 10-12 hours battery, support prescription lenses and Bluetooth streaming. The launch follows the startup's emergence from stealth with $12 million funding from Neotribe Ventures, Listen, and Village Global. Legato was founded in 2024 by Mehul Trivedi and Steve Romine, former Bose and EssilorLuxottica executives.

• Legato announced the commercial availability of its AI hearing glasses, Legato Frames, starting at $999.
• Legato Frames target adults with up to moderate hearing loss and weigh 34 grams with lenses.
• The glasses feature an AI system that amplifies voices and reduces background noise, with all processing on-device.