Business of games: 14 biggest funding rounds, partnerships, and trends from the last 2 weeks
Investment round-up details from Sept last week and Oct 1st week 2024, 274
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Investment news update, from Sept last week and Oct 1st week:
No Time To Relax dev Porcelain Fortress raises $3M
Darkbright raises $6M to build life-sim RPG Smolbound
Future Trash raises $5M to build its IP within Fortnite’s platform
Remedy enters into €15 million loan agreement with Tencent
Nitro Games expands Warframe mobile partnership with €5 million deal
Behaviour Interactive acquires Darkest Dungeon dev Red Hook Studios
EdVentures invests in Egyptian education and interactive games startup Saikoro
Indian game streaming startup Loco sells majority stake to Redwood at $65M
Distance Technologies raises $11.2M for glasses-free mixed reality for enterprises
Vivid Games secures $1.36 million strategic investor deal to grow Real Boxing brand
French publisher RIVRS raises €4m to "professionalise and industrialise" user-generated content (UGC)
New development studio The Three Thousands has opened in Melbourne, led by EA veterans Joseph Donoghue, Nikhil Kurian, and Benjamin Dawe
Finnish developer Future Run secures second round of investment led by Supercell. The funds will go towards the continued development of the studio's cross-platform title Riot Ball
The developers behind Awesomenauts have formed a new studio Rangatang and are reviving the unfinished game - cartoon brawler Nubs - they had been working on at their previous company Ronimo
Top Trends from last week:
Krafton and Pocketpair partner to bring Palworld to mobile platforms
Guillemot Brothers and Tencent reportedly considering Ubisoft buyout
343 rebrands as Halo Studios, working on multiple Unreal Engine 5 games
MagicBlock Has Raised $3M to Enable Real-Time Onchain Games and Applications
Unreal Engine royalty fee reducing to 3.5% for games landing on Epic Games Store on launch day
Synnax has announced a $1.1 million strategic funding round, in which Wintermute Ventures and TON Ventures both invested $550,000
Take CARe, CARtic P
/ iCartic.com