Business of Games: π Shout out to new studios, partnerships, and game fund
Investment Roundup, March 3rd week
Hey Friends, Greetings from Bangalore π
Investment round-up, with a list of studios that got funded on March 3rd week:
TapNation and The Sandbox have partnered up
Web3 studio Jungle has raised $6 million in investment
Ex-Blizzard leaders Jen Oneal and J. Allen Brack create the startup studio Magic Soup Games
Blizzard Entertainment alums form Gas GiantΒ Games
DressX raises $15M for digital fashion
S8UL partners with Krafton to launch Road to Valor: Empires in India
Former Criterion leads establish new triple-A studio Fuse Games
Abu Dhabi-based investment firm G42 (Group 42) has purchased $100M in Chinese tech company Bytedance at a company valuation of $220bn
Bandai Namco Entertainment has invested in DeepMotion (USA) and SuperGaming (INDIA)
Flying Sheep Studios receives $1.2 million in funding
Maximum Entertainment acquired Fun Labs
Passion Punch gets $4 million seed investment
The Iterative Collective secures $1.2M in seed round
CARtic P, iCartic.com