Business of games: 15 biggest funding rounds, partnerships, and trends from the last 2 weeks (Sept 2024)
Investment round-up details from Sept first 2 weeks, 271
Hey Friends, Greetings from Bangalore 💗
Investment news update, from Sept first 2 weeks:
Moku raised $5.35M lead by SkyMavis and a16Z
Game development studio GameEon raises $1 Mn
In-game audio ad firm Odeeo secures $5m investment
InMobi secures $100M for AI acquisitions ahead of IPO
Campfire raises $3.95m for generative AI engine, Sprites
Mother Games raises $5 million to fuel its games ambitions
Nazara invests $2.2 million in gaming community platform STAN
Live ops platform Magify raises €1 million to enhance AI and reach new markets
The Games Fund is leading the $2.5M Seed Round in the French Drama Studios.
Supercell invests in new Finnish studio Redly Games led by former game lead Theo Chow
Nazara acquires 47.7% stake in PokerBaazi’s parent (Moonshine Technology,_ for $100 Mn
PUBG developer Krafton invests $89.5m in audio and short-form video streaming firm Spoon Labs
Turkey's Cypher Games raises $10m to take on match-3 market filled with "too many average-quality titles"
Hong Kong-based developer Nytro Labs has announced it’s raised $8 million for its forthcoming mobile 4X RPG Castil
KRAFTON India Gaming Incubator (KIGI) is expanding with the addition of two exciting startups: Dunali Games and Arjuna Studios
Top Trends from last week:
Incubator program Dutch Game Garden is shutting down in 2025
Unity is canceling the Runtime Fee
GST revenue from online gaming sees a 412 per cent surge, reaching Rs 6,909 crore: finance minister Nirmala Sitharaman
Annapurna’s Entire Gaming Staff Quits, resigned en masse after a deal to spin off the group fell through
Take CARe, CARtic P
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