Gtr 2022
Global Top Round heads to Sweden for 2022 Conference
Ten developers will receive investments starting at $40,000 dollars.
Stocks And Shares
Tencent reportedly seeking larger stake in Ubisoft
The rumoured stake raise will see Tencent become the single largest shareholder in the company
Space Ape X Supercell
What is Space Ape doing with all that Supercell money?
Following Supercell’s $37 million investment, Space Ape Games founder Simon Hade outlines the developer’s scaling plans, including expanding its publishing division with three Beatstar-equivalent titles
Working On Web3
Mighty Bear Games raises $10 million to launch Web3 games
Investment led by Framework Ventures
Success In The Industry
L8 Studios closes pre-seed investment round
The round included participation from WePlay Ventures and Lima Ventures
Xr Funding
XR Games raise $7 million in funding round
The studio will use the money to supercharge growth
A Big Investment For Space Ape Games
Supercell makes a further $37 million investment in Space Ape Games
Supercell increases its stake to 75%
Furthering Funding
Konvoy launches new $150 million fund to invest in early-stage game companies
Previous investments made in Axie Infinity, Gamefam, Legends of Learning, and more
Veering To Vr
NetEase takes its first steps into Polish games market with latest investment
Polish studio Something Random receives "several million dollars"
Hot Five
Hot Five: layoffs at Unity, Niantic, and Adjust and AppLovin, 505 acquires D3, and Google's $90mil developer fund
The hottest news articles on PG.biz
People's Platform
Soba raises $13.6 million in seed round to help gamers make games
User-generated content platform now in closed Alpha
Bit Of A Clash
Former Supercell devs raise €5 million in Round A
Eric Seufert's investment fund, Heracles, leads on support for BIT ODD, created by Clash of Clans and Clash Royale leads Lasse Louhento, Jani Lintunen, and Taneli Oksama
The Mobile Games Glossary
The mobile games industry glossary
A living A-Z of mobile games industry terms you should know
Bounty Hunting
CloudFeather Games raises $1.25 million in seed funding round
"Bounty Hunting" SDK aims to tap into competitive side of gamers
Bright Spot
Lumi Interactive raises $6.74 million for “crowdhealing” mobile game
Andreessen Horowitz, 1Up Ventures, Galileo Ventures, Heracles Capital, and Emily Greer participate in funding round
Square Clouds
Square Enix invests in cloud gaming company Blacknut
Strategic investment intended to support Square Enix's "vision for the future of gaming"
Investment With Intent
MSA Novo invests in Tamatem Games' Chinese expansion
New partnership forged between companies to bring "top-tier" mobile games to the Arabic-speaking market
Audio In
Mobile gaming audio tech startup Odeeo receives $9 million, becomes DAX’s sales partner
Odeeo co-founder Amit Monheit speaks with PocketGamer.biz on the unrealised potential of the mobile games industry for advertisers
Hot Five
Hot Five: Supercell makes first NFT commitment, Apple Arcade execs leave tech giant, and only 16% of mobile players want blockchain games
The hottest news articles on PG.biz
Hot Five
Hot Five: Playtika layoffs could reach 250, Supercell invests $60mil into Love & Pies, and Square Enix commits to NFTs
The hottest news articles on PG.biz
Supercharged
Exclusive: Supercell breaks ground with first investment in NFT gaming
Oxalis Games has raised $4.5 million in a seed round led by Blocore and including Supercell, Animoca Brands, and Sir Ian Livingstone
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
Be Seeing You
Founded by Rovio and Zynga veterans, Village Studio has raised €2.1 million
Will Luton, Cyril Barrow, and Tak Fung's Village Studio aims to confront the issue of interoperability in blockchain and Web3 games
Supercharged
Supercell acquires majority stake in Trailmix with $60 million investment
Majority stake follows 2018 investment of $4.2 million in the London studio
Join The Collective
Game economics platform Machinations.io raises $3.3 million
Machinations.io has announced a $3.3 million Series A funding round led by Hiro Capital
Flames On The Side Of My Face
Paul Farley’s Firestoke raises $2.2 million
Mobile games industry luminary’s indie games publisher to bridge gap between triple-A and mobile experiences
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
Mamma Mia
Saudi Arabia’s PIF acquires 5% stake in Nintendo
Third major investment in Japanese games companies made for “investment purposes”
£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
Mu To Be Renamed Lemuria
International venture fund Draper Dragon invests in ambitious MU project
MU Web3 infrastructure project will bring Web2.0 games studios into Web3
Report Reveals
Drake Star Partners: Q1 2022 games industry deals casts shadow over entirety of 2021
More deals in mobile than any other gaming segment
Cloud-native Creation
Kakao Games invests $15 million in Playable Worlds to develop cloud-native Sandbox MMO
Metaverse platform also in development
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
Galactic Funding
Gadsme raises $8 million for non-intrusive ads, backed by Ubisoft
Will invest in "key people" to scale business operations
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
Indian Investments
Nazara invests $2.5 million in Bitkraft Ventures
Aims to benefit from future partnerships, M&A, and co-investment opportunities
Indian Investment
Bombay Play quadruples valuation in latest funding round
Raises $7 million in Series A, brings total funding to $9.5 million
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
Gathering The Riffraff
Tencent provides "significant" investment to RiffRaff Games
Joshua Boggs rebrands MayDay, hires Guy 'Yug' Blomberg as studio director
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
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
Experienced Team
Scopely makes $20 million investment in Burlingame Studios
Studios will partner to develop an "all new experience"
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