Business of games: 10 biggest funding rounds and trends from last week

nov 2nd week

Hey Friends, Greetings from Bangalore 💗

Investment news update, from Nov 2nd week:

1. Animoca Brands partners with Saudi Arabia in $50M deal to bring Web3 to NEOM

2. AstroBeam raises $3M for VR multiplayer games.

3. AppsFlyer acquires data analytics company devtodev

4. Blacklight Studio Works concludes its maiden funding round

5. Noice has raised $21 million to revolutionize social gaming with a combination of livestreaming and multiplayer gaming on one platform.

6. Squido Studio raises CA$1.5m in funding round

7. Aptoide secures €8.5 million investment from Digital Turbine, strengthening strategic partnership.

8. Nitro Games signs a €9M deal with Netflix to develop and operate an undisclosed game.

9. Azur Games buys the hypercasual games portfolio of Good Job Games.

10. Istanbul-based game studio SuperGears successfully completed an investment round led by TMRW Foundation

Top Trends:

• Stumble Guys’ UGC platform Stumble Workshop is rolling out

• Immutable partners with Ubisoft’s Strategic Innovation Lab for Web3 gaming

Cartic P, iCartic.com