Transcend Fund Raises Approximately $60 Million for Second Seed Fund

Transcend Fund, a prominent venture capital firm, has successfully closed its second seed fund with nearly $60 million in investments. Established in 2020, the firm is led by Managing Partners Andrew Sheppard, Brett Krause, and Shanti Bergel. Transcend specializes in investing in early-stage gaming companies, capitalizing on the industry's rapid growth. According to Shanti Bergel, "The gaming industry is uniquely positioned to benefit from numerous modern digital trends, with advancements in computing leading to decreased costs, increased accessibility, and an explosion of creative and commercial opportunities globally." The firm's portfolio includes notable investments in Possibility Space, Cosmic Lounge, and Singularity 6.