Business of games: 22 biggest funding rounds, partnerships, and trends from the last 2 weeks
investment round-up details for Jan 4th and Feb 1st week. #213
Hey Friends, Greetings from Bangalore 💗
Investment news update, for Jan 4th week and Feb 1st week:
Jan 4th week:
Rize.gg wraps up pre-seed round, raises $430,000 to train and empower gamers
Playdemic founders raise $10m for new UK mobile studio ForthStar
TapNation acquires AI-powered UAhero to amp up its user acquisition strategy
Rocksteady founders set up new studio Hundred Star Games
Crikey Gaming Studio has raised undisclosed funds
Nazaras Nodwin Gaming acquired comic con India for Rs 55 crore
Build A Rocket Boy completes $110 million Series D funding round
True Gamers secures $45m investment for esports expansion in Saudi Arabia.
AOFverse raises $3 million to propel Web3 gaming vision.
Fasanara Capital has acquired Pollen VC
Feb 1st week:
Sony Innovation Fund backs Carry1st with strategic investment
Order of Meta raises $3.3M seed for Cargo Hunters
Stormgate was already fully funded—then it earned $2M on Kickstarter
Eggscape Entertainment has cracked into the world of VC funding with its $4.25 million fundraising to bring social gaming to mixed reality experiences,
Kwalee invests €1.5m in mobile studio 8SEC
GameSquare reveals Moonlight Studios
PlayGreen has raised $6 million in funding to expand its sports betting business in Latin America.
Loric Games raises $4M in funding and appoints Jeff Hickman as CPO.
Pixelmon raises $8M as it seeks redemption for its Web3 game
Toca Boca and Mojang alum unveil games studio Roro and raises $1.6M for 3D digital dollhouse game
Mountaintop Studios nets Shroud, Zedd, and $30M in new funding round
Volition vets form new studio Shapeshifter Games
Top Trends: Apple clears the way for Game Pass streaming on iOS
With Love, Cartic P
Thanks for reading Business of Games! Subscribe for free to receive new posts and support my work.