Business of games: 7 biggest funding rounds, and trends from last week

Dec 1st week

Hey Friends, Greetings from Bangalore 💗

Investment news update, from Dec 1st week:

1. GameTree raises $1.7M for safe and inclusive gaming communities

2. AppsFlyer acquires AI-powered oolo.

3. Elixir Games acquires CyberTitans-dev LitLab Games

4. GameOn Technology changes its name to On as it raises $25M

5. W4 Games raises $15M to drive video game development with Godot Engine

6. Hearst Newspapers acquires Puzzmo.

7. Mocaverse raises $11.88 million

Top Trends:

1. Regionalization in full swing: BGMI Now Lets You Play as Bollywood Star Ranveer Singh

2. MPL clocked $104M in revenue in FY23; loss narrowed to $37M.

3. Bungie at risk of full Sony takeover

4. Playdigious and DotEmu co-founder launches mobile distributor StoreRider

5. Game studio Triple Topping is now bankrupt

6. Apple Has Reportedly Been Aiming To Launch Vision Pro In January

7. US FTC tries again to stop Microsoft's already-closed deal for Activision

Cartic P / iCartic.com