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The games industry drew $454 million in VC funding in the third quarter of 2023
The figure represents a 9% decline from the previous quarter
Ukie's new manifesto demands an increase in government funding for video games
They claim that the UK’s lack of investment sees it lose out on an estimated £133 million per year
Riot-backed Forge raises $11M to launch a platform rewarding gamer communities
Makers Fund, Animoca Brands and Bitkraft Ventures led the round
Krafton invests $7M in former Riot and Blizzard artist’s Studio Sai
The Seed Round comes after the success of Eternights and will support development of Sai’s next game
Omada raises $7.5M for a sports game with a twist: tackling gambling addiction
Money isn’t spent or won on bets, providing a healthier alternative
Mythic Protocol raises $6.5M towards blockchain, collaboration and cross-platform ambitions
Founder Igor Tanzil wants to avoid the trap of "squandered" potential by "frenzied financialisation"
Zibra AI raises $500,000 from a16z Speedrun
The funding brings the company's total investment so far to $2.5 million
AI startup Inworld raises another $50 million for a $500 million valuation
The new investment follows the company’s work on AI-driven non-player character experiences
Google opens applications for its latest Indie Games Fund
The tech giant will distribute $2 million to small studios in Latin America
Valhalla Ventures launches $66 million fund for gaming investment
The firm is targeting “audacious entrepreneurs” across games and mobile