Bring The Spoilz
Saudi Arabian Spoilz Games raises $693,000 in pre-seed funding
Will expand portfolio and look to target global games market
Real-time Multiplayer
coherence raises $8 million for real-time multiplayer creation platform
Led by former Playdead CEO Dino Patti
Epic Investment
Sony and Lego invest $1 billion each in Epic Games’ metaverse development
Fortnite creator valued at $31.5 billion
Selling Senior Notes
Take-Two unveils funding strategy for Zynga acquisition
Selling $2.7 billion in senior notes on April 14
Most Read
Hot Five: Mobile Games Awards 2022 winners, Superbloom funding for women’s mobile game, and Miniclip commits to mobile games publishing
The hottest news articles on PG.biz
Galactic Funding
Gadsme raises $8 million for non-intrusive ads, backed by Ubisoft
Will invest in "key people" to scale business operations
Esports Expansion
Legendary Play raises $4 million to develop mobile games suite for esports fans
Co-led by Bitkraft Ventures and MTG
Reaching For The Sky
Sky Mavis raises $150 million, gears up for launch of Axie Infinity: Origin
Funds will be used to reimburse users that suffered from recent Ronin network hack
Blooming
Superbloom raises $3 million to develop its first mobile game for women
"Women deserve games that are designed with their interests in mind."
Investing In India
Games24x7 raises $75 million in latest funding round
Valued at $2.5 billion
Indian Investment
Bombay Play quadruples valuation in latest funding round
Raises $7 million in Series A, brings total funding to $9.5 million
Seed Round Secured
Former Riot Games founded Battlebound raises $4.8 million
First game will launch on PC and Mac, then coming to mobile
Finding Finances
Anzu raises $20 million to further expand in-game ads solutions
New investors in NBCUniversal and HTC
By Creators For Creators
Gamefam raises $25 million to develop and publish Roblox games
Funding used to scale team of digital content creators and games industry veterans
Gdc
GDC: Rami Ismail on the big publisher lie and rethinking independent funding
Indie stalwart Rami Ismail offers his bullish advice on independent developers to make a business case, and a radical rethinking on financing games
Supporting Streaming
Women-first streaming platform Dorian raises $14 million
Series A funding round led by The Raine Group
Web3 Fantasy
Trailblazer raises $8.2 million for Web3-native fantasy universe
Former EA, King, and Microsoft alumni at the helm, backing from Makers Fund
Future Funding
Joyride raises $14 million to launch Web3 platform for casual Unity developers
Launching Solitaire Blitz, Tennis Champs and more
Jockeying Into Position
Former EA and Zynga veterans raise $3.5 million for blockchain mobile games
Beginning with horse-related NFT games Photo Finish Live and The Suites
Frvr = Forever
Casual games platform FRVR raises $76 million
Over 1.5 billion players to date, with millions of DAUs
F2p Funding
Lila Games raises $10 million to develop its first F2P shooter
Series A led by Rainfall
Score And Earn
Update: Volt Games raises $1.5 million, led by Voodoo
Follows earlier pledge of $200 million to fund blockchain games
Capital Raised To $6 Million
PopScreen Games closes series A funding round with Garena
Funding will accelerate development and expand the PopScreen team
Indian Esports
Indian esports and game streaming platform Loco raises $42 million
Backed by PUBG Mobile developer Krafton
Third Round
Makers Fund raises $500 million for third investment fund
Will continue to invest in founders that are "evolving and innovating" the games ecosystem
Social-first Games
Playwind Games raises $4 million, backed by Garena
Will use the funds to support development and future growth
P2e Esports
Ignite Tournaments raises $10 million to create mobile P2E esports platform
Back by Animoca Brands
Raising Round
Griffin Gaming Partners raises $750 million for its second fund
Biggest games-based VC fund to date will focus on Web3 and social platforms
Here Digital Kitty
Tiny Rebel Games raises $7 million for mobile-based Petaverse Network
Users can bond, train, and evolve digital pet NFTs
Work Hard, Play Hard
Legends of Learning raises $5 million to be "learning corner" of the metaverse
Over 2,000 unique maths and science games
Global Launch
Potato Play raises $5 million, launches Merge Restaurant
Investments from Everblue Management, Play Ventures and more
Backbone Backed
Backbone raises $40 million to bring console and PC games to mobile
Back by Kevin Hart, Post Malone, The Weeknd, and more
Pocket Metaverse
Chillchat raises $1.85 million for create-to-earn "pocket metaverse"
Led by blockchain platform Solana's VC arm, Solana Ventures
Finnish Funding
Return Entertainment raises €5.3 million in funding to create cloud-native games
Funding led by Bitkraft Ventures
Raising Round
Tripledot Studios raises $116 million and receives $1.4 billion valuation
Series B Round led by 20VC
Casual Mmo
Rocky Road raises $2.5 million to create first casual MMO for mobile
Led by QuizUp creators
Finding Funds
PortalOne raises $60 million in Series A round for hybrid games platform
Tiger Global leads the investment
Growing Guilds
Infinity Force raises $5.5 million to grow blockchain and P2E games
Backed by key metaverse investor Animoca Brands
Garena Of Africa
Carry1st raises $20 million to create the "Garena of Africa"
Will expand into the co-development of mobile games
Royally Funded
Royal Match sees Dream Games raise $255 million
Valued at $2.75 billion
Built To Win
CEO Rina Onur Sirinoglu on Spyke Games' massive $55 million seed round
UA is a bloody competition
Ua Ok
Pollen VC launches the definitive guide to selecting a UA financing partner
Everything you ever wanted to know about paying for UA – but didn’t know to ask
Metaverse Making Together
Yahaha Studios secures $50 million to build "no-code" UGC metaverse
Aimed at users with all levels of skill to create games
Gamer's Guerdon
StageZero raises $1.8 million to reward mobile gamers for training AI
Will include labelling tasks which can help train virtual assistants
Voluminous Valuation
Rec Room raises $145 million at $3.5 billion valuation
Mobile users increase tenfold
Raising For Rewards
Mana Interactive raises $7 million for mobile game rewards platform
Rewards include gift cards, vouchers, and cryptocurrency
Axie Altruism
Yield Guild Games raises $250,000 for typhoon victims
Primarily raised in cryptocurrency, including Axie Infinity's AXS
On The Edge
Edge Gaming raises $10 million for user-generated content platform
Backed by Playtika
Cyball Scores
Cyball raises $1.8 million for football-themed P2E NFT mobile game
Focused on reaching new audiences for blockchain gaming
Strategic Simplification
Donut Labs raises a further $2.3 million for Kids vs Zombies
"It’s a completely different game from what it was a year ago."