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
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