Play Ventures Fund III (A Sub-Fund Of Play Ventures Investments VCC)
Play Ventures · adviser of record: Play Ventures Pte LTD · 2023 vintage
Play Ventures Fund III (A Sub-Fund Of Play Ventures Investments VCC) is a 2023 venture fund managed by Play Ventures, with $78mm raised (Form D, amount sold). It reported $125mm in gross assets at year-end 2025, 1.60x its size, its highest reported value.
- Latest value held
- $125mm year-end 2025
- Peak
- $125mm year-end 2025
- Fund size
- $78mm Form D, amount sold
- Held vs. size
- 1.60x peak 1.60x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $125mm | 1.60x | +1258% over 2 yrs |
| 2023 | $9.2mm | 0.12x | – |
Other funds from Play Ventures
- Play Future Fund Limited 2021
- Play Ventures Opportunity Fund (A Sub-Fund Of Play Ventures Investments VCC) 2021
- Lunex Ventures LP 2021
- Playworks Ventures (A Sub-Fund Of Play Ventures Investments VCC) 2021
- Play Ventures Fund II (A Sub-Fund Of Play Ventures Investments VCC) 2020
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-3623771227. Data updated October 13, 2026.
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