Working On Web3
Mighty Bear Games raises $10 million to launch Web3 games
Investment led by Framework Ventures
Xr Funding
XR Games raise $7 million in funding round
The studio will use the money to supercharge growth
Bounty Hunting
CloudFeather Games raises $1.25 million in seed funding round
"Bounty Hunting" SDK aims to tap into competitive side of gamers
Committing To Casual
Turkish mobile puzzle games developer Cypher Games raises $3.2 million
Investment will be used to expand the team sixfold, open a new office in Berlin, and create the firm's first casual title
Hot Five
Hot Five: Axie Infinity's utility currency value hits $0.004, Apex Legends is the most downloaded iOS game, and former King team raises $3mil for Bitcoin gaming
The hottest news articles on PG.biz
Backing Blockchain
Azra Games raises $15 million for former Star Wars: Galaxy of Heroes exec's blockchain gaming project
Azra Games has secured $15 million in a seed round led by Andreessen Horowitz from both its games and crypto funds
Network Test
N3TWORK Studios secures $46 million for Web3 games
Independent company formed following Forte’s acquisition of N3TWORK technology platform
£10 Million Fund
Eric Seufert launches $10 million investment fund supported by Supercell, Huuuge Games
Heracles Capital fund partners include Supercell, Gamejam CEO Christian Calderon, and Huuuge Games CEO Anton Gauffin
Gimme That
Despite record Q1 2022 for declared M&A, value of closed deals decreased
23 per cent decrease in closed deals over 2021, although significant spike throughout rest of 2022 anticipated should MS/Acti, Take-Two/Zynga, and Sony/Bungie deals complete
Casual Crypto
Yomi Games raises $2 million to become the "Zynga of Crypto"
Will develop play-to-earn casual social games to be more accessible for those entering crypto gaming
Play To Win
Monster League Studios raises $2 million for blockchain-based esports platform
Will feature a series of sports-based games, starting with soccer and later tennis, hockey, basketball, and more
Investment Incoming
Coda Payments receives $690 million in further funding
Investments from Smash Capital, Insight Partners and GIC
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