Business of Games: 🔊 Shout out to new studios, partnerships, and game fund

Investment Roundup, Feb 2nd week

Hey Friends, Greetings from Bangalore 💗

Investment round-up, with a list of studios that got funded on Feb 2nd week:

1. Xterio invests $2.5M in multiplayer RPG studio Overworld

2. Original Games acquires Mergedom from Bigger Games

3. ZeptoLab, the creator of the Cut the Rope mobile app, is partnering with The Sandbox to bring Web3 experiences to its virtual gaming world

4. Ex-Mediatonic, Flavourworks devs found Electric Saint

5. Mino Games gets $15 million to make a Dimensionals web3 game

6. Tower Pop raises $2.1M for Web3 battle royale/tower defense game Omega Royale

7. Mawari raises $6.5M to speed 3D content delivery for the metaverse

8. Jason Avent's Hardball Games raises $5.2m in seed funding round

9. Snapser raises $2.6m in seed funding round

Earnings: Activision Blizzard | Nintendo | Rovio | Take-Two Interactive | Nexon | Krafton

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