Business of games: 10 studios which raised funds last week, investment round-up

July 3rd week

Hey Friends, Greetings from Bangalore 💗

Investment round-up, Shout out to new studios, partnerships, and studios that got funded on July 3rd week (2023):

1. Scalo leads $3.5m investment in Sushi Roll, Blend it 3D publisher Hexacore

2. Fortune Mine Games closes $2m seed round

3. Bungie and EA veterans form Look North World

4. FIFA AI Soccer League dev Futureverse raises $54 million in series A funding round

5. Turkish investment continues to proliferate, with Ludus Ventures participating in a $2m seed round for mobile developer Fortune Mine Games.

6. Screen Australia invests $3 million into gaming as part of the country’s digital entertainment goals - The fund sees 23 games with budgets below $500,000 receive fresh cash influxes

7. Eyeball Games raises $1.5M for the blockchain pool game

8. Cloud Imperium Group acquires long-time collaborator Turbulent

9. New studio Closing Theory raises $2.3m investment

10. 505 Games Invests $660K in the Development of Ghostrunner 2

CARtic P, iCartic.com