Business of games: 12 biggest funding rounds, partnerships, and trends from the last week
Investment round-up details for June 3rd week. #245
Hey Friends, Greetings from Bangalore 💗
Investment news update, for the June 3rd week:
Tripledot acquires Zephyr Mobile
Pengu creator Slay raises $5M for social gaming platform
Megamod raises $1.9M for user-generated content platform
Farworld Labs raises $1.75M for Web3 mobile gaming ecosystem
Narwhal Accelerator injects six-figure funding into game dev tool Magify
Florian Jauffrineau (ex-TapNation VP) founded a new studio, Good Games
Animoca invested in the seed SAFT round for Saltwater Games’ $XR token.
Second World Games launches Fantasy Troop and raises $3M in token presale
Verve Acquires Jun Group, A Mobile Video And Gaming Network, For $185 Million
Mystic Forge has announced the successful closure of a €2M funding round led by ForsVC and ROM Utrecht Region.
Digital educator Brainspark Games has raised £1.4 million from a combined angel investment and grants from Innovate UK
CodeDev: The Unreal Guys, a new studio based in London founded by chairman Rik Alexander, CEO Myke Parrott, and CTO Ryan Woodland
Top Trends from last week:
1. Unity is "undoing so many of the missteps" made as new CEO Matthew Bromberg changes company culture.
2. NVIDIA became the world's most valuable company, with its market value hitting $3.3 trillion.
3. Squad Busters generates $28 million in first three weeks.
With Love, Cartic P
/ @iCartic