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Hot Five: Web3 tactics gaming, FunPlus’ latest soft launch and a bunch of new investments
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Casual games hub Playbite nabs $1 million in funding
US-based company aims to expand on its userbase of "several hundred thousand" monthly active users
Riot veteran MJ Wong prepares Web3 AstrArk for gamers who "should be better treated"
$5.4 million has been raised in funding towards the launch of two Web3 games
Hot Five: Supercell’s mo.co launch, Netflix’s gaming strategy, and an AI seed round
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Merger and acquisition deal value exceeds $11 billion for 2023
Some of the biggest names in gaming restarted their acquisition strategies in Q3
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
AppQuantum’s Core is the King will invest up to $1M in selected hybridcasual mobile devs
Core is the King is their new programme to support developers making hybridcasual games
Riot-backed Forge raises $11M to launch a platform rewarding gamer communities
Makers Fund, Animoca Brands and Bitkraft Ventures led the round
PUBG maker Krafton invests $14.8 million in alternate app store One Store
The South Korean store aims to expand in the West and take on big tech
Sony Ventures to invest $10M via new fund for African startups
Fintech may be Africa’s biggest funding category, but Sony’s focus is on entertainment
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