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

Jan 2nd week

Hey Friends, Greetings from Bangalore 💗

List of studios that got funded on Jan 2nd week:

1. Playground Games leaders form new AAA studio Maverick Games

2. Indian developer Giga Fun Studios raises $2.4 million in funding ❤️, a fellow Indian gaming studio

3. Catalis Group snaps up Secret 6

4. Keywords acquired Labcom with initial $1 million cash consideration

5. Casual gaming start-up Giga Fun Studios today announced that they have raised $2.4 million in seed funding

6. QYOU Media acquires 51% of Maxamtech Digital Ventures

7. Kakao Entertainment lands $966M from sovereign wealth funds, including Saudi Arabia’s PIF

8. Saudi Arabia’s PIF increases its stake in Nintendo to 6%

9. Indian metaverse platform Trezi raises over $2 million in Series A round from new and existing investors ❤️, a fellow Indian gaming studio

10. Seidr raised a seed round led by a16z

11. Ghost Ship Games invests in VR game studio Bolverk Games

Cartic P, iCartic.com