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Business of Games: 🔊 Shout out to new studios, partnerships, and game fund
April 4th week, May 1st and 2nd week
Hey Friends, Greetings from Bangalore 💗
Investment round-up, with a list of studios that got funded in April 4th week, May 1st and 2nd week.
April 4th week:
Focus Entertainment snaps up sim specialist Dovetail Games
SuperDuperSecretCo raises $1m to make a chess battle royale game
Mobile games veterans raise €4m in seed funding for new studio, Cosmic Lounge
Animoca Brands subsidiary Tinytap accrues $8.5m investment
Ex-Far Cry and Battlefield developers have set up Moon Rover Games to work on a new recipe for emergent multiplayer co-op action
NFL partners with Mythical games, is enroute to have a Web3 and blockchain mobile game
Web3 gaming platform Gameta raised $5M from Binance Labs and others.
Virtual reality game studio Vinci Games raised $5.1M.
TreesPlease Games unveiled LongLeaf Valley and $8M funding
SuperAwesome and Yoti announce new partnership
May 1st week
Frantic Games raises $2.4m in pre-seed funding
Supercell has made the seed funding investment into Phantom Gamelab
European games giant Plaion – formerly Koch Media – is merging its various publishing divisions
Mobile gaming studio Cosmic Lounge raised $4.4M in a seed round
Icelandic game developer Vitar Games secured $550K in its first round of funding.
Japanese AR/VR studio CharacterBank raised $2.5M in a Series A
May 2nd week:
Publisher Astragon acquired sports sim studio Independent Arts for an undisclosed sum
Outfit7 invests in educational startup Hopalai
Keywords Studios acquires Hardsuit Labs
WolfEye Studios partners with VC fund Galaxy Interactive to remain independent and create “ambitious new IP”
CARtic P, iCartic.com