Business of games: 11 biggest funding rounds, partnerships, and trends from the last week
Investment round-up details for June 4th week, 247
Hey Friends, Greetings from Bangalore 💗
Investment news update, for the June 4th week:
King purchases AI firm Peltarion
Atari buys Surgeon Simulator from TinyBuild
Redacted raises $10M for Web3 entertainment ecosystem
New studio 2weeks to focus on prototyping and bite-sized games
CyberAgent has struck a deal to acquire NitroPlus for $104.1 million
LinQ raises $2.3 million in seed funding to publish real-money games
Pullup Entertainment acquires minority stakes in Uppercut and Rundisc
Scaffold secures $1.5 million to support game startups in Canada’s Alberta
Nodwin to acquire German gaming company Freaks 4U for Rs 271 Cr ($32.6 million)
OV Entertainment Group acquires co-development studio Kokku and tech firm 3OGS
K-ID raises $45M as series A, to help game devs speedrun the child safety compliance puzzle
Top Trends:
BAFTA bringing in experts for initial votes on Game Design and Technical awards
Netmarble is migrating its Marblex platform to Immutable
Embracer clears $300m in debt
Rockstar turned down making GTA and Red Dead Redemption films, transmedia turned down
With Love, Cartic P
/ @iCartic