Business of Games: 4 biggest funding rounds, partnerships, and trends (3) from the last week
investment round-up details from May 1st week #235
Hey Friends, Greetings from Bangalore 💗
Investment news update, from May 1st week:
Tencent now owns 15% of Remedy
Patriots Division raises $5M for 5v5 action game Shadow War
Phoenix Games acquires live operations studio PopReach Games India
Web3 game startup GFAL raises $3.3M from Supercell and Mitch Lasky
Top Trends:
1. LinkedIn launches games on its platform
2. Ex-Zynga COO Matthew Bromberg is Unity's new CEO
3. Over 1,000 games industry professionals lost their jobs in April, up 132% year-over-year
With Love, Cartic P
/ @iCartic