Business of games: 4 biggest funding rounds and trends from last week

Oct 4/5th week

Hey Friends, Greetings from Bangalore 💗

Investment news update, from Oct 5th week:

1. Artisan Studios expands in Saudi Arabia with a new studio

2. Harmony Games raises $3M in seed round to build an AI puzzle game

3. Tencent acquires two million shares in Goddess of Victory: Nikke makers Shift Up

4. Playbite has raised $1 million to bring back the magic of arcades on mobile gaming devices

Top Trends:

1. Apple fires most of the China Appstore team - due to business misconduct, including unauthorized interactions with mobile game developers

2. Player-to-Player Trading will be removed from Rocket League on December 5 at 4 p.m. PST

3. Supercell takes Clash of Clans and Clash Royale cross-platform with PC releases this week Valve dropping Turkish and Argentinian currencies on Steam

Cartic P, iCartic.com