Patron Announces $90M Inaugural Fund
Gunderson Dettmer represented client Patron in the formation of its $90 million inaugural fund, Patron Fund I. Patron debuted as an early-stage venture firm investing in the convergence of games, consumer, and Web3.
In the announcement of the transaction, co-founder of Patron Jason Yeh said, “Patron will invest globally and lead/co-lead opportunities at the seed stage. We are taking the high conviction + concentrated portfolio model – meaning we aim for quality over quantity and do the support work needed for our portfolio companies to reach their next milestone.”
The Gunderson deal team was led by Jonathan Goodwin and included Nic Markman, Bonnie Gregg, and Edward Kocis.