Funding News
Saudi Arabia's Lobah Game Studio secures $12 million investment
Company will use the funds to accelerate development of its upcoming games
Founder Fund
Ex-Tripledot president forms Arcadia Gaming Advisors with $100m fund for mobile game companies
The Tripledot founder has already invested in Dream Games, Layer AI, Spyke Games and more
Investment News
Triple Tap Games secures $1.2m for hybridcasual puzzle games
The team is led by former Crazy Labs and Super Huge Studios staff
Funding For Games
European Investment Fund pledges over $20m to boost Nordic game development
The EIF is helping Behold Ventures attract more investors to reach its target of $48m
Week That Was
New studios emerge, and Pokémon Sleep hits $150m | Week in Views
The Pocketgamer.biz team pick their highlights from the headlines this week and deliver the stories behind the stories
Funding For Games
Turkish studio Surpass Games secures $1.5m to “redefine" the hybridcasual puzzle genre
The studio is led by former Fomo Games and Zynga staff
Funding For Games
Finnish startup Seven Stars secures seed round to build “next-gen" puzzle games
Spintop Ventures and Behold Ventures co-led the investment with Sisu Game Ventures
Skillz $75m Developer Accelerator
Skillz Announces $75 Million Developer Accelerator for Skill-Based Mobile Games
Accelerator will provide financial backing, operational resources, and expert guidance to bring competitive games to market
Mena Region
Saudi Social Development Bank backs esports and game development with $122m
The expanded financing portfolio has supported over 30 clients across esports, game development and publishing
Funding For Games
Meeple Corp secures $629,000 funding to bring tabletop games to digital platforms
Its debut game, Kingdomino Digital will release later this year
Funding News
Beamable secures $13.5 million for decentralised gaming infrastructure
The funding will also support continued innovation in game infrastructure
Cloud Gaming
The Game Company raises $10 million to launch cloud gaming platform
TGC said the platform has already garnered over 500,000 waitlisted users
Funding For Games
Laton Ventures lands $50 million fund to support pre-seed and seed gaming startups
The firm has previously made five early-stage investments across Türkiye, the US, and Europe
Deal Tracker
Show Me the Money: Nodwin’s $55M Esports Deal, Grand Games’ $30M funding, and Pokémon’s $400M smash | January
Our deal tracker highlights the key acquisitions, investments, and partnerships from the last month
Funding For Games
Goat Gaming lands $4 million to expand AI-powered web3 games on Telegram
The brand said its AlphaAI suite will power the launch of hundreds of games in 2025
Investment News
Social games platform Little Umbrella lands $2 million in funding
It will use the funds to scale its live ops operations and fast-track the launch of new titles
Funding News
Dream Games seeks $2.5 billion in debt and equity to double valuation
The Turkish firm plans to use the funding to buy out existing investors and set a valuation of nearly $5bn
Web3 Way
Pixion reaches $12.4m in total investments for web3 RPG Fableborne
The latest round was led by Delphi Ventures with further support from Animoca Brands, Sky Mavis and more
Funding For Games
Exel by Merak gaming accelerator is now accepting applications for first cohort
The program includes a two-week virtual boot camp and a 16-week acceleration phase
Pgc London 2025
A VC’s perspective on AI in games: "AI is going to change and replace lower development-effort work"
AI.Fund principle Maximilian Seeburg says its time to "make games smarter"
Funding For Games
Grand Games lands $30m in Series A funding
The studio aims to launch a flagship title later this year
Deal Tracker
Show Me The Money: Aonic receives €152m, Vgames lands $142m, and Stillfront secures $227m in December
Our deal tracker highlights the key acquisitions, investments, and partnerships from the last month
Business News
Stillfront Group secures $227m credit facility to extend financial flexibility
This will replace the group's $340m facility that was established in 2020
Funding Round
Ray Browser raises $6.5m to boost web-based gaming
The funds will be used to develop the platform, expand its team and cultivate industry partnerships
Funding For Games
Moon Beast Productions raises $4.5m to ‘revolutionise’ action RPGs
The studio plans to unveil more details about the project in early 2025
Funding For Games
Vgames raises $142m for third fund to back global game studios
The fund has invested in companies like InnPlay Labs, SuperPlay, 1047 Games, and Candivore
Funding News
Databricks raises $10bn to bring company valuation to $62bn
The funds will go towards acquisitions, expansions and developing new AI products
Funding For Games
Turkish developer Agave Games gets $18m funding
The Find the Cat studio will use the funding to continue development on existing titles and expand its team
Funding For Games
Beam Ventures launches in Abu Dhabi with $150m fund to support game studios
The firm will also launch an accelerator program that focuses on early-stage web3 gaming and AI start-ups
Funding News
Cyprus-based studio Top App Games secures $10m funding
The studio aims to launch new mobile titles and explore new genres
Investment News
Fortnite UGC studio Creators Corp gets $2 million investment from Lumina
The team has developed over 15 games and boasts over 220m active users
Funding News
Playgama lands $3 million to simplify HTML5 game distribution
The company is building a Platform-as-a-Service (PaaS) ecosystem which includes access to various distributors and platforms
Fundraising
SpecialEffect raises £600,000 for gamers with disabilities in One Special Day campaign
The annual campaign has raised over £3 million across eight years
Investment News
Nazara nets $100m to accelerate strategic acquisitions and expansion plans
“We have our work cut out in front of us to deploy the capital diligently to create significant shareholder values,” said CEO Nitish Mittersain
Funding News
Codecks secures €1 million to drive growth and expand project management tool
The funds will help the firm expand its features and enhance accessibility for teams of all sizes
Investment News
Stillfront secures $78 million in successful bond issuance
The new bond framework positions Stillfront for future growth
Funding News
Appcharge lands $26 million to boost direct-to-consumer platform for mobile games
Backers include Supercell, Creandum, Play Ventures and Gillot Capital
Investment News
WTFund and Nazara Technologies back Norian Games and Xigma Games with $240,000 investment
“This fund is a small step in supporting companies that have made a mark with their innovative games”
Funding News
KGeN secures $10 million for web3-powered ‘gamer controlled’ economies
The latest raise brings the company's valuation to $500 million
Investment News
Play Ventures secures $140 million to support early-stage game studios
Since closing the funds in June 2023, Play Ventures has already made eight investments
Super Raise
SuperScale raises $1.2 million for analytics service SuperPlatform
New toolset provides datapoints across marketing, product and finance into a single AI-powered platform
Funding For Games
Merak Capital launches $80 million fund to support MENA games start-ups
The accelerator consists of a brief virtual bootcamp, followed by a 14 to 16 week core program
Investment Round
Former Supercell devs at Bit Odd raise $18m investment
Funding round led by Griffin Gaming with participation from Makers Fund, Index Ventures and others
Studio Support
SayGames to invest $30 million in hybridcasual studios over next three years
Publisher will back studios worldwide over the next three years
Investment News
Starform secures $6 million to bolster shooter game Metalstorm
The studio plans to use the new funds to expand its team and reach new players
Web Shop Waves
Neon raises $14 million to create web shops for developers
Funding comes from Thrive Capital, Renegade Partners, a16z Speedrun and others
Investment News
Animoca Brands raises $10m to expand metaverse platform Mocaverse
This latest round follows previous funding totalling $31.88 million
Funding News
Levellr raises $1.75 million for Discord management tools
Company appoints SuperAwesome co-founder Dylan Collins as chairman; aims to add Reddit integration in 2025
New Studio
Supercell invests in Barcelona-based studio Penguin Armada
PC-first developer working on top-down PvP title
Funding News
3D animation platform Swoove Studios secures $7.5 million in seed round
This brings the studios' total funds raised to $11 million since 2020