Peter Leahy starts venture capital firm for videos games/entertainment

February 27, 2008 | Dean Takahashi
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Video game industry veteran Peter Leahy has started a venture capital firm and is raising $20 million to invest in creative properties including video games, toys, TV shows and graphic novels.

According to Venture Wire, Incubation Venture Partners LLC will be the venture capital arm of Incubate Group Corp., which itself is an incubator for new media companies. Leahy is CEO of Incubate Group Corp. in San Francisco.

The fund will be called Azcatl Seed Capital Fund I and is expected to close April 1. For more information, go to www.incubategroup.com.

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About the Author,

Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. Dean previously worked at the San Jose Mercury News, the Wall Street Journal, the Red Herring, the Los Angeles Times, the Orange County Register and the Dallas Times Herald. He is the author of two books, Opening the Xbox and the Xbox 360 Uncloaked. Follow him on Twitter at @deantak, and follow VentureBeat on Twitter at @venturebeat.

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