Music Metaverse
Animoca Brands acquires majority stake in music metaverse platform PIXELYNX
The company is helping people discover new music – and new ways to monetise it
Successful Funding Round
Roboto Games raises $15 million in Series A funding round
The funding round included participation from Animoca Brands and Ancient8
Business Casual
X-Flow invests $6 million in casual developer Plummy Games after Star Merge launch
Company founded by veterans of Peak Games
Investment
Playtika announces $25m investment into Turkish dev Ace Games
The Turkish developer Ace Games attracted a major $25m investment from mobile developer Playtika
Investment
Aoca Game Labs receives investment from Google Play’s Indie Game Fund
The company from Bahia participated in Google’s #WeArePlay editorial, and received a portion of a $2m investment from the corporation
Investment Program
Global Top Round's top ten indicates that game customisation will be a future trend
The 2022 shortlist all had a major interest in making their games customisable
Lapland Gaming Hub
Northern Sweden is aiming to become a ‘more interesting society’ by making itself a hub for the gaming industry
At the Global Top Round conference in Lulea, Swedish Lapland, Arctic Games set out its stall to attract talent to the area
Investment
Noodle Cat Games, founded by ex-Epic devs, raises $4.1m in funding to support worker-friendly practices
The dev-friendly studio has made efforts to push for a more comfortable working environment in response to stricter demands on devs, and has received significant investment to support their mission
Investment
Big Pixel Studios veterans' Landmark Games raise $4.6m investment for co-op mobile game
The studio, comprised of industry veterans has raised at least $4.6m in investment to continue the development of their co-op mobile game “Sea of Souls”
Anything Is Possible
Anything World raises $7.5 million to make 3D content creation more accessible than ever before
The capital was raised in a funding round with investment from Acrew Capital and Alumni Ventures
New Studio
New studio Playgig launches with $10.85m in seed funding and possible MOBA IP
According to the announcement, the company will be releasing cross-platform games, starting with an initial title called “Mystic Kingdom”
Interview
Barclays and Ukie on how their Mobile Games Growth Program will provide a boost to the industry
Daniel Wood of Ukie and David Gowans of Barclays discuss the support available through their investment program
Series A Success
Odyssey Interactive raises $19 million ahead of Omega Strikers mobile launch
Series A round led by venture capital fund Makers Fund
Investment
Turkish mobile studio Manc receives $50m investment from GEM Digital to accelerate global growth
The Turkish developer Manc has reported a $50m investment for their Mancium mobile game token.
News
Drake Star's Global Gaming Report reveals the gaming industry’s top investors
The Embracer group lives up to its name with numerous acquisitions as we break down some of the top investors in Drake Star's new report.
Bytebrew Boom
ByteBrew raises $4 million in a Seed Round to provide game developers with more tools and aid growth
Seed Round participants include Konvoy, Valhalla Ventures, Node Ventures and more
Drake Star Report
Drake Star: Quarter 3 of 2022 saw 81 new mergers and acquisitions totalling billions of dollars
Over 300 deals were made from July to September, Embracer Group led the pack with eight acquisitions
Drake Star Report
2022 has seen 976 deals, with Microsoft’s acquisition of Activision Blizzard topping the charts
Drake Star analyses the gaming markets in its Global Gaming Industry Report
Investment Incline
AppQuantum’s new Business Acceleration Program offers casual and midcore developers up to $1 million investment
From a total pot of $10 million, with potential to expand
News
Mayor of London renews pledge of £1M for video games sector, plus the return of London Games Festival
Sadiq Khan has announced his intention to renew a £1M investment into Games London, an organisation devoted to promoting the game sector in the city.
News
Turkish mobile developer Magic Games secures $5M in seed funding
In another significant Turkish investment, the newly established developer Magic Seed has reportedly secured $5M in seed funding from the Makers Fund.
News
Turkish mobile developer Umuro secures significant investment
The Turkish studio which produces games on iOS, Android and Google Play has secured $1.75m in investment from a Turkish firm.
Series B Secured
Homa raises $100 million in Series B to expand its platform
Funding round led by Quadrille Capital and Headline
Fresh Investment
Cathay Capital invests in Shiro Games
The investment will support the development of two unannounced projects
Investment
TruePlayers secures £225,000 investment
The investment money will go towards future hires and the creation of more mobile games
Playstation Expansion
PlayStation eyes new investment in mobile and PC
The company continues to expand its interests
Saudi Arabia
Saudi Arabia eyes up acquisition of major publisher
The acquisition is part of a $38.7 billion games strategy
News
Napster set to return in Web3 & Metaverse debut
The pioneering free streaming service is set to return and has already picked up an ex-Roblox exec with a background in virtual concerts.
Investments
Theorycraft Games raises $50 million in funding
The successful Series B funding round was led by Makers Fund
Investments
Industry Vets create InfiniGods blockchain game studio
The blockchain developer has secured significant funding and is set to release its first game
Funding Round
Successful $1.5 million funding round for Sceneri
Sceneri have secured a funding round from SNÖ Ventures which will go towards the creation of a 3D development platform
Investment
Cosmo Media Labs launches with investment from The Sandbox
The Sandbox expands with its first financial stake in production studio Cosmo Media Labs
$1 Million In Funding Raised
Game studio Flick raises over $1 million in investments
The studio behind Flick Solitaire has raised over $1 million in investments with contributions from the likes of Miniclip
Animoca Brands Secures Funding
Animoca Brands raises $110 million in funding
Animoca Brands had a successful funding round of $110 million the round was led by investment company Temasek
Successful Funding Round
Gameplay Galaxy closes $12.8M seed funding round
Gameplay Galaxy have secured a seed funding round of $12.8M with Blockchain Capital leading the round
Here Comes The Sun
Netspeak raises $12 million in Series A
The investment will help fund social title Sunshine Days
Tencent X Guillemot Bros
Tencent now owns 49.9 per cent of Guillemot Bros
The investment follows reports that Tencent was seeking majority control of Ubisoft
Mobile Games Studio Secures $750k Investment
Gulliver’s Games Raised $750k Seed Investment Round
Multiple investors with Boğaziçi Ventures leading the way.
Investment
Metaverse Magna raises £3.2M in latest seed funding round
Multiple investors including WeMade participated in the round
Series A
Xterio game publisher and developer raises $40M for mobile Web3 games
Xterio has raised over $40M in a round of Series A funding including investors such as Animoca Brands and FunPlus.
Funding Round
Temasek to head funding round for Animoca Brands
The investment sees Temasek double down on its interest in Web3 companies
Funding The Future
Sprocket Games raises $5 million in funding round
The investment will support development of the company’s debut title
Investment Success
WePlay Ventures and Lima Ventures sell UDO Games shares to Taleworlds
The sale comes just a year after the initial investment
New Aaa Studio
NetEase Games invests $13.2 million in Jeff Gardiner's new studio, Something Wicked
Former project lead at Bethesda will use the $13.2 million from NetEase Games to develop Something Wicked's debut title Wyrdsong
Successful Investment Round
Stratosphere Games raises $3 million in recent investment round
1Up Ventures, Skycatcher, and developers of League of Legends, Riot Games, invested 3 million euros in the Berlin-based development studio
Investing In The Future
njoyKidz receives first investment round on a $5 million valuation
The round was led by WePlay Ventures
New Investment
Azur Games invests in French studio Pinpin Team
The company has acquired 30% of Pinpin Team
More Equals More
Embracer Group announces several acquisitions and new operative group
The Swedish video game and media company revealed the firm entered into an agreement to acquire IP rights to the Lord of the Rings and the Hobbit literary works by J.R.R Tolkein.
Another Acquisition
Aonic acquires exmox for nearly $100 million dollars
“exmox possesses an expert level of knowledge and has a unique marketing platform which will substantially strengthen the future growth of Aonic," said Aonic co-founders
Bold New Moves
Unity attracts major, local investors as it expands into the Chinese market
The move has attracted investments from some of the country’s tech giants