Business of games: 19 studios which raised funds last week, investment and partnership round-up

Aug 2nd and 3rd week

Hey Friends, Greetings from Bangalore 💗

Investment round-up, Shout out to new studios, partnerships, and studios that got funded on Aug 2nd and 3rd week (2023):

2nd week:

1. Windup Minds raises $1.6M to build virtual pets in VR and MR

2. Japanese mobile entertainment company Mixi to invest $50m in Indian market

3. Krafton commits to massive $150m investment in Indian startups

4. Gem Capital sets aside $50m for Eastern Europe game studios

5. Windup Minds, a new studio with talent from Oculus, Niantic, Magic Leap, wants to bring virtual creatures into your headsets. The studio announced a $1.6 million close of pre-seed fund.

6. Telltale has acquired Flavourworks for an undisclosed sum

7. Blue Ant Media and Marblemedia merge into one unified studio

8. Rollic partners with Power Slap for new mobile game

3rd week:

9. InMobi acquires consent management platform Quantcast Choice

10. Remote Control Productions and AUCTUS Capital Group partner to form Prestiged Gaming Group

11. Made on Earth Games raises $3.2m in seed funding round

12. Prytania Media launches two new game development studios - Dawon Entertainment and Fang & Claw

13. ZTX raises $13M for Web3 virtual world and creator platform

14. Take-Two Interactive subsidiary Rockstar Games purchased Cfx.re

15. Monetizr, a Latvian in-game advertising platform for mobile gaming, raised $4 million in venture funding

16. Hungri Games joins the portfolio of Boğaziçi Ventures

17. Haveli Investments acquires minority share in Match Masters developer Candivore

18. Nazara Technologies to invest $500,000 in Israeli gaming startup Snax Games

19. new studio: Incite Interactive from Nicolas Coderre, Dan Fessler, and Andrew Friday

Top trending news from last week:
1. Crucible launches Emergence SDK for Unity game developers to make interoperable avatars

2. MPL to lay off 350 employees after 28% GST on real-money gaming

3. Embracer shuts down Campfire Cabal

4. Royal Match has now earned over $1bn, and it overtook Candy Crush Saga in last month’s top-grossing chart

5. Sega finalizes purchase of Rovio

6. Zynga unveils their first web3 game Sugartown

CARtic P, iCartic.com