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

July 4th week

Hey Friends, Greetings from Bangalore 💗

Investment round-up, Shout out to new studios, partnerships, and studios that got funded on July 4th week (2023):

1. Tencent acquires visual novel company Visual Arts

2. Capcom acquires support studio Swordcanes

3. Animoca Brands invests $30 million in hi

4. Tencent set to become the majority shareholder of Polish videogame company Techland

5. GameStake Technologies raises £630,000 in seed funding for “rewarded play” gaming

6. WePlay HUB started its first program with 14 game studios from 7 countries

7. Valhalla Ventures raises $66 million

Top trending news from last week:

1. Roblox launched an ad network

2. TikTok allows pure text posts on its app
   

CARtic P, iCartic.com