Business of games: 7 studios which raised funds last week, investment round-up

Aug 1st week

Hey Friends, Greetings from Bangalore 💗

Investment round-up, Shout out to new studios, partnerships, and studios that got funded on Aug 1st week (2023):

1. Playtika acquires Youda Games for up to $165M

2. A16z Games commits $75M to Speedrun game startup accelerator

3. Yudiz Solutions to launch IPO on 4 August with Rs 10 face value - the combined space of blockchain, AI, and gaming to publicly enlist

4. Zibra AI raises $500,000 from a16z Speedrun

5. Studio Billion receives investment from Aura B4YO Fund, WePlay Ventures, and Lima Ventures

6. Inworld AI’s company value exceeds $500 million with the latest funding

7. Reactional Music and Amanotes announce a new partnership
   

Top trending news from last week:

1. India, Online gaming cos get some relief, 28% GST to be reviewed six months after implementation
   

CARtic P, iCartic.com