Business of games: 10 biggest funding rounds, partnerships, and trends from the last week
investment round-up details from Feb 3rd week. #217
Hey Friends, Greetings from Bangalore š
Investment news update, from Feb 3rd week:
Infinite Reality acquires Ethereal Engine for $75M inĀ shareĀ deal
Austin-based developer Monumental has agreed to acquire gaming publisher and web portal Kongregate forĀ anĀ unknownĀ sum
Disney has teamed up with Nigerian studio Maliyo games to create a mobile tie-in for its new Nigeria-based Disney+ series
AI-powered Web3 gaming platform Ultiverse raises $4MĀ
Nodwin Gaming acquires Turkish company Ninja Global FZCO
Overworld raises $10M to create anime-inspired free-to-play ARPG
Double Coconut acquires Splinterlandsā TD game Soulkeep.
Ginger Joy Games, emerging from Matchingham Games, has successfully raised $1.26 million.
Interactive Creation Joins Magic Media
Innovate UK has awarded five UK women-led studios with an accolade that includes a combined total of Ā£215,000 in grants.
Studios list: Glowfrog Games, Peanut & Crumb, Silver Script Games, Dot Dot Firek, and Connie Reid.
Top Trends:
Apple Has Sold Over 200,000 Vision Pro Preorders, MacRumors Reports
Apple Releases visionOS 1.0.3 With Reset Option for Forgotten Passcode
Epic Games to Unveil Unreal Engine 5.4 at GDC 2024
Epic Games Store sees $950 million in PC game sales over 2023
Apple unbanned Epic so it can make an iOS games store in the EU
Supercell reports 2023 revenues drop 4% to $1.82B while profits dip 8% and Illka's note "Comfortable Feeling Uncomfortable:
With Love, Cartic P
/ @iCartic