Business of Games: 3 biggest funding rounds, partnerships, and trends (8) from the last week

investment round-up details from April 2nd week. #230

Hey Friends, Greetings from Bangalore 💗

Investment news update, from April 2nd week:

1. New studio: Cave Bear Games

2. PowerWash Simulator dev FuturLab acquired by Miniclip

3. OKX Ventures announces pre-seed round investment in Cellula
   

Top Trends:

1. Roblox partners with PubMatic to power video ads

2. Supercell’s Squad Busters heads into soft launch on April 23rd

3. Koei Tecmo sues mobile dev Youzoo for repeated copyright infringement

4. ByteDance overtakes Tencent in annual profit and revenue for first time ever

5. (missed this news) Embracer CEO says restructuring is over, no other studios for sale

6. Royal Match races from $2 billion to £3 billion earnings faster than any other game (5M)

7. International Game Developers Association calls for studio leaders to do more to protect jobs

8. Gamers for Giving raised over $1.25 million for charity during its annual LAN party & streaming marathon dubbed.

With Love, Cartic P
/ @iCartic