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

July 1st week

Hey Friends, Greetings from Bangalore 💗

Investment round-up, with a list of studios that got funded in July 1st week (2023)

1. Lighthouse Games lands unspecified Tencent investment

2. Homa to form a strategic partnership with mobile studio 8sec

3. JetSynthesys acquires majority stake in kids’ educational and media platform KidzByte

4. Embracer raises $182 million via share issue

5. Atari makes minority investment into Playmaji

6. Plarium co-founder’s WhaleApp startup has raised $50 million and made $80m

7. Keesing Media Group acquires casual games developer CoolGames

8. Scriptic raises $5.7 million led by BITKRAFT Ventures

Last week's summary:

1. Godot 4.1 released

2. PNB Bank launches virtual branch in metaverse, metaverse in India

3. Sega gives up on NFT

CARtic P, iCartic.com