Most Read
Hot Five: new Netflix Games releases, Free Fire K-pop collaboration with BTS, and MiHoYo’s nuclear fusion investment
The hottest news articles on PG.biz
Elevating Games
Thatgamecompany receives $160 million investment to scale operations
Will expand team and further game development efforts
Intended Investment
Global Top Round launces year-long seed investment programme
Supporting smaller studios
Blown Away
Mobile games investments surpassed $741 million in Q4 2021
Investments reached almost $4 billion in Q4 2021
Funding Fusion
MiHoYo invests $65 million towards nuclear fusion devices
Contributing to Energy Singularity’s Tokamak research to lower carbon emissions
Arcade Achievement
Antstream Arcade welcome pack surpasses 3 million downloads
After $3.5 million investment from The Atari Group
Pocket Metaverse
Chillchat raises $1.85 million for create-to-earn "pocket metaverse"
Led by blockchain platform Solana's VC arm, Solana Ventures
Pg Connects London
Can't make PG Connects London? Check out what our speakers have been discussing
F2P regulations, off-trend games, and raising investment in your studio among hundreds of topics
Growing Guilds
Animoca Brands and Brinc launch the Guild Accelerator Program to boost P2E ecosystems
Seeking sustainable guilds
Equity Investments
Krafton invests $6.6 million to create and sell NFT avatars
Partnering with South Korea auction platform Seoul Auction Blue
Most Read
Hot Five: Team17’s U-turn on NFT MetaWorms, Netmarble plans NFT projects, and Hiro Metaverse Acquisitions to float on London Stock Exchange
The hottest news articles on PG.biz
Pg Connects London
Road to Connects London: XR Games' Bobby Thandi on raising investment for your studio
XR Games' Bobby Thandi presents a sneak-peak into his PG Connects talk on raising investment, recognising red flags, and the right questions for investors
Testing The Waters
Gardenscapes dev Playrix invests in mobile games publisher AppQuantum
Marks the company’s first investment in an independent publisher
Most Read
Hot Five: Netflix surpasses 8 million game downloads, Social First secures $2.5 million pre-seed investment, and Riot Games accuses Imba of copyright infringement
The hottest news articles on PG.biz
Finding Funds
PortalOne raises $60 million in Series A round for hybrid games platform
Tiger Global leads the investment
Out Of Hiding
Social First launches with $2.5 million backing to create cross-platform, social games
Founded by industry veterans Kim Soares and Mikko Kähärä
Mobile In Menat
WePlay Ventures invested in more mobile companies in 2021 than console or PC
60% of portfolio is mobile games studios
Almighty Acquisitions
Mobile games deals reached $15.5 billion in 2021, says Drake Star
Topped $85 billion in games deals across the board
Merging Media
Dodreams invests $1.4 million to merge games with online videos
Aiming to create grassroots marketers from its playerbase
Diversification
Nexon branches out with $400 million investment into Russo Brother’s AGBO
A further $100 million set aside
Backing Blockchain
Voodoo to invest $200 million into blockchain games
Bringing blockchain to casual mobile users
On The Edge
Edge Gaming raises $10 million for user-generated content platform
Backed by Playtika
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."
Doubling Down
Vgames raises $141 million for second games investment fund
Firm to invest in game studios at various stages
Monstrous Success
Overcoming 60% ROI drop in TeaGames' Monsters: PvP Arena
Investment from Ducky and YouTube trends
Supporting Growth
Mistplay receives "majority" investment to scale play-to-earn platform
New members join the board of directors
Indie Investments
MGVC invests $2 million into Square Triangle and Talerock
Acquires minority stakes in both studios
A Joint Journey
Green Grey invests up to $1.1 million in Megu Games
The fifth Green Grey public deal in mobile games since June
More Metaverse
Azur Games invests $2 million into blockchain-based NFT metaverse Axes 2.0
$10 million reserved for future NFT projects
Plugged In
Plug In Digital raises $75 million for indie games publishing
Over 30 titles in the publishing pipeline
Where's The Hype?
Frogmind rebrands to HypeHype, Supercell invests $15 million
User-generated content platform optimised for touchscreens
Greener Good
Green Grey invests $2 million in US-based indie dev Pocket Size Games
The studio will use the investment to develop its first two projects
Israeli Investment
Voodoo makes "significant" investment into Israeli casual games developer Teskin
Developer of Jewels Planet, Jewel Empire and Candy Deluxe
Funding Fanatics
Thunderful Group acquires Robot Teddy for $13.7 million
Will lead newly established in-house investment arm, Thunderful Investment
Seeded
Order of Meta raises $1.5 million in a round led by Play Ventures
Will release its first game in 2022
Rocket Fuel
Ludus invests in three Turkish mobile game startups
Istanbul cluster is blooming
Unicorn Startup
Indian mobile esports outfit MPL raises $150 million on a $2.3 billion valuation
Reached over 85 million users worldwide
Scaling Now
Blockchain gaming platform Immutable raises $60 million
Building out its Immutable X L2 technology
Forward Looking
Green Grey invests $2.5 million into Infusion Games’ upcoming projects
Studio’s flagship title, Cyber Wars, is due to be released mid-2022
Firing Up
Play-to-earn gaming community Yield Guild raises $4.6 million
A16z and former MZ CEO Gabe Leydon invest
It's Not Unusual
Spanish casual startup Unusuall raises $3.6 million, led by Garena
Free Fire outfit makes second investment
What’s Next(ers)
Nexters' Q2 2021 bookings up 40% to $154 million
Will float via SPAC in Q3 2021
Scoped Out
Scopely invests $50 million into Omnidrone, Pixel Toys and Tag Games
The three development studios are located in Spain, England and Scotland
Early-stage Investment
The Games Fund invests in Hypemasters, Vandrouka, Purple and Jarvi Games
Eastern European mobile studios all get a financial boost
Reset Button
Love Island developer Fusebox responds to layoff claims
"Fusebox is currently consulting with its employees on a proposed change..."
New Entity
Update: Activision Blizzard clarifies stake in social casino dev Playstudios
"We received shares in the new entity and are now disclosing that..."
Buzzing
Buzz Capital invests $594,000 in Dream Harvest and Fundamentally Games
"The games sector is one of the few industries to have made huge gains during COVID…"
Boom Times
Indian esports app Loco raises $9 million via seed round
Krafton leads the investment
Gearing Up
Yield Guild raises $4 million to expand its mobile-focused blockchain gaming model
Bitkraft led the Series A
Growing Space
Quicksave Interactive raises $1.3 million to scale its HTML5 games
Konvoy Ventures led the round