Business of Games: 4 biggest funding rounds, partnerships, and trends (6) from the last week
investment round-up details from April 4th week. #233
Hey Friends, Greetings from Bangalore 💗
Investment news update, from April 4th week:
Krafton acquires minority stake in Forever Skies developer Far From Home
Infinite Reality buys Drone Racing League for $250M
Psygnosis vets found a new studio Starlight Games
Carv raises $10M series A to simplify data monetization for gamers
Top Trends:
1. EY launches blockchain-based contract management platform
2. Arkadium launches platform for third-party browser game devs
3. Apple Vision Pro Customer Interest Dying Down at Some Retail Stores
4. Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it
5. Movement Labs raises $38M to bring Facebook's Move Virtual Machine to Ethereum
6. Atari relaunches Infogrames, acquires Totally Reliable Delivery Service. New publishing label to focus on acquiring IP
With Love, Cartic P
/ @iCartic