527 Individual Deals
Game deals in 2021 have reached $49 billion in value so far
Drake Star Partners digs into the data
Delight
Turkish-developed mobile games accounted for 20% of US top 100
10th largest country for angel and VC investments
New Blood
Ace Games raises $7 million in seed funding
Ex-Peak co-founder starts again
Ua Expansion
Supercell lends Metacore $180 million to scale Merge Mansion
Mobile puzzle game aiming for the big league
Ready Portal One?
PortalOne raises $15 million for its mobile game-TV show mash-ups
Launching with reimagined Atari arcade games
The Start
Sega will launch its first NFTs in summer 2021
Partners with Double Jump.Tokyo
Pgc Digital #6
PGC Digital: Nick Button-Brown on doing your due diligence when raising money
"People want to get involved with the next sexy thing"
Hotting Up
Play Ventures to launch a blockchain games investment fund
Taking a stake in LuneX Ventures
On Fire
Lightheart Entertainment secures $6.8 million in Series A funding
Led by Makers Fund
Building
Hiber's funding hits $4.5 million, also adds Eros Resmini to board
Swedish UGC platform scaling
Back You Up
LEGO Ventures invests in learning platform Area9 Lyceum
Shared ideals
That's Epic
Epic raises $1 billion at a $29 billion valuation
To fuel its vision for the metaverse
Going Public
AppLovin files for IPO at a $30 billion valuation
Taising $2.1 billion
Dot Dot Dot
Tripledot Studios closes $78 million in Series A funding
Takes total raised to $86 million
Big Injection
Play Ventures secures $135 million in funding
Backing start-ups
Splash The Cash
Nexon invested $874 million in Sega Sammy, Konami, Bandai Namco and Hasbro
Best use of spare money
Money Bags
Frost Giant secures additional $5m funding
Fellow Blizzard vet James Anhalt joins the studio
Money Bags
Rec Room raises $100 million at $1.25 billion valuation
"We think that Rec Room can become an enduring large business that fuses games and social"
Show Me The Money
Incredibuild secures $140 million investment for US expansion
“With the new funding, Incredibuild is poised to expand the market opportunity"
Money Money Money
Stratosphere Games raises $2.5 million for new projects
Including a mobile strategy game
Down Under
Keywords enters the Australian market with Tanalus Media investment
"We share the same outlook on the opportunities within the video game industry"
Moving Up
Cecilia Qvist is the new head of LEGO Ventures
She previously worked for Spotify
In The Clouds
Cloud games specialist Ubitus receives backing from Tencent
As well as Sony and Square Enix
Getting Competitive
Krafton backs Indian esports firm Nodwin Gaming with $22.4 million
"Krafton is excited to partner with Nodwin Gaming to help foster the promising esports ecosystem"
Back It Up
Riot, Blizzard, Valve and Bungie veterans launch new studio Theorycraft Games with backing of NetEase
Chinese giant has led $37.5 million Series A round
Welcome Aboard
Brian Chadwick joins Agnitio Capital as managing director
"I have long admired Agnitio Capital and Shum Singh"
Show Me The Money
Lumikai leads $1.5 million investment in All-Star Games
The Indian studio specialises in Cricket mobile games
Puzzling
Dream Games raises $50 million for casual puzzle titles
It's first game Royal Match launched today
Money Bags
BebopBee raises $2 million for live ops and user acquisition
The developer is focused on match-three titles
Money Money Money
Beamable secures $5 million in funding
To be used to grow its live game service for Unity
Welcome To The Family
Miniclip makes strategic investment in Green Horse Games
Becoming the studio's majority shareholder
Money Money Money
Saudi Arabia's Public Investment Fund invests $3 billion in major games companies
Split across Take-Two Interactive, Electronic Arts and Activision
Money Money Money
Colossi Games secures $2.5 million in seed funding
"This new funding will enable us to bring the game to life in a more advanced state and create more game-changing entertainment"
It's A Match
Tilting Point to invest up to $60 million in Match 3D
"The potential of Match 3D was always incredible"
Extra Cheese Please
My.Games invests $1.5 million in Pizza Club Games
"We see great potential in the team and will support them with all the necessary resources and expertise for development"
Match Set
Candivore raises $12m for match-three title Match Masters
To go towards user acquisition
Staying Private
Nope, it doesn't look like Epic Games is going public yet
Fortnite giant is seemingly focused on private investment for now
Money Money Money
Pocket Worlds secures $7 million in Series A funding
“At Pocket Worlds, every feature we create and product we build is intentionally designed to cultivate a social-first gaming experience for our users"
Investment
Tencent backs Life is Strange maker Dontnod
French firm issuing $60.6 million in new shares to fund self-publishing dreams
Done Deal
Tencent secured 31 games-based deals in 2020
"Tencent is in no danger of losing its No.1 position in the games market, but it is beginning to feel some pressure"
Money Money Money
$33.6 billion was spent on games industry investments last year
$12.6 billion came from M&As
Over The Moon
Moonrise is the new early stage fund from Glitch CEO Karr
Organisation to provide support for projects with unique gameplay
Investment
Mobile Dev Memo's MDM Investment Syndicate has already made four deals
"The Mobile Dev Memo Syndicate closed its fourth deal just before Christmas, putting it at an investment cadence of one per month since its launch in September"
Splash The Cash
Nordisk Games acquires 40% of MercurySteam
This is the firm's first investment outside of the Nordic region
Money Money Money
Discord valuation has doubled to $7 billion
Firm raising $140 million in new funding round
Evolving Partnership
Tilting Point enters funding partnership with Joycity, invests $40 million in Gunship Battle: Total Warfare
Looking to grow audience internationally and in the US
Money Money Money
Aglet raises $4.5 million in seed funding
"We seek to be the 'metaverse for commerce' where online and offline consumption experiences fuse together"
Investment
Modern Times Group increases its investment in InnoGames
"We already have a successful long-term relationship with MTG"
You're A Wizard
Wizard Games secures investment from Tencent
The exact figure was not disclosed
Master The Meta
Master the Meta: Bigger Games joins the race for the next puzzle hit
The MTM team discusses Bigger Games and the battle for puzzle prowess