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Business of games: 11 biggest funding rounds and trends from last week
🕹️ weekly round-up on investments 💸, Nov 3rd week
Hey Friends, Greetings from Bangalore 💗
Investment news update, from Nov 3rd week:
Nordcurrent snaps up River End Games
Annapurna has acquired South Africa’s 24 Bit Games –a long-time collaborator with the indie publishing giant.
Midwest Games Raises $3 Million With Green Bay Packers, Microsoft VC
IO Interactive Secures 007's License to Develop Multiple Bond Games
Bazooka Tango, the game studio founded by former Rockstar and Riot developers Bo Daly and Stephan Sherman, has successfully raised $5 million in a funding round led by BITKRAFT Ventures for Web3 tactics game
Aonic Group Acquires nDreams For $110 Million
China's Bytedance is talking to likely buyers about gaming unit Moonton's sale.
Transcend Fund raises nearly $60M for second seed fund to invest in games and entertainment.
SBI Holdings reveals ¥100B fund to bolster Web3 in Japan.
Artifact Lab secures $2 million in pre-seed funding
Atlas generative AI platform secures $6 million funding
Scopely’s Monopoly Go rolls past $1B in revenue
Epic Games unveils voice reporting in Fortnite
Newzoo lowers 2023 games market value forecast to $184bn
Roblox hits $7 billion in player spending on mobile, with downloads approaching 1 billion
Sam Altman has been pushed out of OpenAI by its board of directors = he has joined MS AI team as of today
Insomniac Games dropped the Marvel #WolverinePS5 announcement teaser
Cartic P, iCartic.com
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