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

Hey Friends, Greetings from Bangalore 💗

list of studios who got funded on Sept 1st week:

1. Azur Games has acquired 30% of French studio Pinpin Team following an investment

2. Web3 game developer Xterio raises $40 million in SAFT sale,

3. Azur Games acquires Mushroom Wars development studio

4. Tencent increases investment in Ubisoft to 11%

5. Metaverse Magna raises £3.2M in latest seed funding round

6. Gameplay Galaxy raises $12.8M for Web3 competitive gaming platform

7. Netspeak Games secures $12m investment for first product launch

8. Gulliver’s Games Raised $750k Seed Investment Round

9. Animoca Brands raises $110 million in funding

10. Scopely acquires Stumble Guys from Kitka Games. Check Stumble Guys rev stats

11. Revolving Games raises $13.2M to make blockchain games with ex-Rockstar cofounder Dan Houser as an adviser

12. Dropp acquires metaverse platform Phly for $25M

13. Mysten Labs raised $300M at a $2B+ valuation in a round led by FTX

>> Cartic P, @iCartic

---