Investment
Ludus Ventures’ İsmet Gökşen talks mobile investment in Türkiye
We get an investors-eye view of the Turkish mobile market
Mena Investment
After securing Scopely for $4.9 billion, what could Saudi games giant Savvy splash its cash on next?
They may have made a sizeable acquisition this week but Savvy Games Group still has money to burn!
Investment In Turkiye
Turkish gaming VC firm Ludus Ventures leads $3 million investment round in Paxie Games
The money comes as part of surge of investment in Türkiye
Investment In Turkiye
Turkish developer Gleam Games receives $1m investment
A year on from a previous $1m investment into the studio
Adverts With Ai
Adludio raises $2.5M for mobile ad platform with AI technology
Investment from Mercia’s venture capital trust
Success In Funding
Turkish hypercasual developer Gulliver’s Games gains $1.5 million in second-round funding
The studio developed idle game Restaurant Tycoon
Seed Secured
Mystic Games seed round aims towards bringing Web3 mobile games "into the mainstream"
Veterans from King, Rovio and more looking to democratise digital ownership
Mobile Mena
David Fernandez Remesal of Sandsoft Games: "Why MENA’s gaming growth isn’t just about business"
There's a bigger story at play in the MENA region, changing perceptions, fostering understanding and improving relations all around the world
Stakeholders
Abu Dhabi firm G42 acquires $100m+ stake in Bytedance
The owner of Nuverse and TikTok receive a new stakeholder
Web 3 Ip
Brazilian Web3 dev Jungle raises $6 million in funding round
Web3 mobile shooter expected to launch later this year
Trade Bodies
TIGA calls on UK government for new video game investment fund
They predict a new investment fund for the UK video game industry would provide an economic boost
Independents
Redemption Games breaks from Applovin
The studio behind Sweet Escape will now operate independently
New Report
The Covid boom in numbers
The pandemic resulted in massive increases in private investments and M&As
Saudi Arabian Funding
Saudi Arabia raises stake in Nintendo once again
The country now owns 7.08% of the company
Views Week
Week in Views - What caught our editorial eyes in the last seven days
The Pocketgamer.biz team take their pick of this weeks big news to talk big games moving to mobile, big money being made, and big trouble for some big names
Dress Up
House Of Blueberry Raises $6M To Grow Fashion In The Metaverse
“Our ultimate vision is to become the largest digital fashion house in the world…”
Investment
Turkish studio Yamy receives investment from UP Venture Capital and $4m valuation
Another example of foreign investment into the Turkish mobile gaming scene
Racing To Success
Sandsoft invests $3.25 million in The Tiny Digital Factory
Sandsoft will publish the company's titles throughout the MENA region
Drake Star Review
Who were 2022's most strategic gaming investors?
Drake Star breaks down last year’s top gaming acquisitions. Who spent the smartest money in 2022? Find out here
Revenue
MAG Interactive's record quarter shows 39% revenue growth
According to their Q1 report, MAG Interactive have seen record revenue growth and are strongly investing in UA to push their portfolio even further in 2023
Investment
African publisher Carry1st reports $27m funding round led by Bitkraft Ventures
One of Africa’s top mobile game publishers, Carry1st has partnered with numerous brands such as Riot Games and Call of Duty, leading to significant investment
Views Week
Week in Views - What caught our editorial eyes in the last seven days
The Pocketgamer.biz team look ponder big name buy-outs and new vigour for eSports
Raising The Stakes
Saudi Arabia’s PIF increases its stake in Nintendo to 6%
The country is aiming to become the hub of the global games industry
Successful Funding
Indian developer Giga Fun Studios raises $2.4 million in funding
The round was led by Lumikai and Fireside Ventures
Funding
Mobile game subscription start-up Multiscription announces $1.6m funding round
Multiscription seeks to offer developers a way to incorporate subscription services into their games
Mobile Investment
Dubai’s new economic plan could benefit mobile development
Dubai’s new economic development plan may result in a big boost to the UAE’s largest city, but will it boost the country’s game industry?
International
Can the Chinese mobile gaming industry bounce back in 2023?
With the end of zero-covid and other regulatory restrictions, can the Chinese mobile gaming industry come back to prominence?
Investment
Turkish developer Ace Games lands new $8m investment
The Turkish developer Ace Games, whose stakeholders include publisher Playtika, received $8m in investment late last year
Funding
Developer Jarvi Games raises $2m in seed funding round
The developer is working on ‘Vice Online’, a game inspired by the Grand Theft Auto franchise
Investment In Istanbul
Turkish studio Pink Games has $1.2 million valuation after first investment
Investment comes from Geometry Venture Development, Alesta Investment and an individual investor
A Platform To Empower
The Mirror platform aims to someday be "akin to a next-gen Roblox"
$2.3 million raised in pre-seed funding; led by Founders Fund
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