Business of games: 12 biggest funding rounds, partnerships, and trends from the last week
investment round-up details from Feb 2nd week. #215
Hey Friends, Greetings from Bangalore 💗
Investment news update, from Feb 2nd week:
Nitro Games receives a further €3.5 million to continue Warframe mobile development
Flaunt raises $1.8M for enterprise loyalty cloud for Roblox and Shopify Plus
Tencent acquires a controlling stake in Wangyuan Shengtang, the developer behind the popular Chinese action RPG series Swords of Legends
Atlas has raised $4.5 million from the Austrian Research Promotion Agency (FFG) to build 3D generative AI and 3D asset creation tools.
Stoke Games raises a $5.5M Seed round from BITKRAFT Ventures, Riot Games, 1 Up Ventures, and Angels to create an innovative strategic shooter!
Jagex is being acquired by CVC Capital and Haveli Investments.
Disney invests $1.5B in Epic Games to build an entertainment universe—characters from Disney to life through a tie-in with Fortnite. Expect Marvel, Star Wars and Pixar, and others to life.
Matchingham Games' Ginger Joy spin-off secures $1.26M for Web3 gaming
Kadokawa buys Octopath Traveler developer Acquire
Chris Heatherly has raised $3 million for his new casual party game studio Great Big Beautiful Tomorrow.
Supervillain Labs will launch Web3 games in partnership with investor Aptos Labs
Digital Turbine invests $10 million into Korean app marketplace ONE Store
With Love, Cartic P
/ @iCartic