2022 Was Good For The Web3 Space
According to a report from Metaverse Post, $7.1 billion was invested in the Web3 space last year. Moreover, gaming, theContinue Reading
Tag: Fundraising
How Fenix Games Wants To Change The Blockchain Space
Fenix Games recently announced it had raised $150 million to create a new type of blockchain game publisher. This companyContinue Reading
Hangzhou Pledges Millions To Support Gaming
Hangzhou recently announced it would be providing $14 million in funding to support video games and esports in the region.Continue Reading
The Last Of Us Is Getting A Board Game
The Last of Us continues to branch out. On top of the upcoming TV adaptation, it now sounds like aContinue Reading
Misfits Gaming Group Wants To Help Influencers And Creators
Misfits Gaming Group recently announced plans to launch a $20 million creator fund. This fund, which will help creators andContinue Reading
Wisdom Gaming Has Secured Almost $15M
Based on a recent pair of security filings, Wisdom Gaming Inc. has raised over $14.9 million to date. Last year,Continue Reading
How $10M Could Help This Company Become The “Wii Sports Of VR”
ForeVR recently announced that it had secured an additional $10 million thanks to a Series A round of funding. ThisContinue Reading
Microsoft Invests In Korean Blockchain Company
It was recently announced that Microsoft had invested in the Korean blockchain company Wemade. This comes after the organization announcedContinue Reading
London Ramping Up Its Support Of The Gaming Sector
On October 18th, the Mayor of London (Sadiq Khan) announced that he would be committing over $1.14 million to GamesContinue Reading
NFT Creator Achieves $704M Valuation After Latest Funding Round
On September 13th, the non-fungible token collection Doodles announced that it had raised $54 million in a recent funding roundContinue Reading
Pay Cuts Could Be Coming To Content Creators On Two Massive Streaming Platforms
Content creators that post on Loco and Rooter in India have reportedly been subject to big pay cuts. In fact,Continue Reading
Gaming Education Technology Company Raises $1.5M
The gaming start-up company Outscal recently announced it had secured $1.5 million in a seed funding round. Kalaari Capital wasContinue Reading
Weekly News Show #292: Overwatch 2, FIFA Free, G4 Fail, New Valve IP
In the latest weekly news and podcast after-show (sponsored by YouGov), we discuss the ups and downs of Overwatch 2, FIFAContinue Reading
This Start-Up Company Just Secured $100M
The French start-up company Homa Games recently announced it had closed a Series B funding round that saw the companyContinue Reading
Skyweaver Creator Raises $40M
On October 4th, Horizon Blockchain Games announced it had secured $40 million in a Series A round of funding. TheseContinue Reading
GAMURS Closes Series A Funding Round
On October 5th, GAMURS announced it had closed a $12 million Series A funding round. This money will be usedContinue Reading
Does Microsft Want To Invest In An Indian Company?
According to sources that spoke to TechCrunch, Microsoft has recently had conversations to invest in the Indian play-to-earn gaming platformContinue Reading
Failed Tencent Acquisition Forces Company To Make Layoffs
According to ChinaStarMarket, smartphone maker Black Shark was recently forced to launch a new round of layoffs. The publication alsoContinue Reading
This Independent Game Developer Just Secured A $50M Investment
On September 22nd, Theorycraft Games announced the company raised an additional $50 million in a Series B funding round. InContinue Reading
Europe Is Trying To Provide The Gaming Space With More Support
The European Parliament’s Committee on Culture and Education (CULT) unanimously adopted a resolution that would lead to a vote onContinue Reading
The British Film Institute Wants To Highlight The Importance Of Video Games
Last month, the British Film Institute (BFI) unveiled details for its Screen Culture 2033 strategy roadmap. This initiative aims toContinue Reading
UK Start-Up Raises $30M For Metaverse Endeavors
On September 23rd, the London-based start-up company Hadean announced it had secured $30 million in a Series A funding round.Continue Reading
New Studio Raises $7.6M In Seed Round
On September 20th, Random Games announced the organization had raised $7.6 million in a seed funding round. This round wasContinue Reading
LF.Group Raises $1M For Mutliplayer Gaming
LF.Group recently announced it had closed a $1 million pre-seed funding round. This money will be used to build newContinue Reading
Former Gearbox And Riot Devs Raise $5.5M For New Studio
Ruckus Games recently announced the company raised $5.5 million in a seed funding round. This money will be used toContinue Reading
Business of Esports – Weekly News 422
In this week’s esports business news: leadership changes at XSET, Animoca Brands raises $110 million, Netflix joins forces with Ubisoft, andContinue Reading
Metafy Cuts Almost A Quarter Of Its Staff
Metafy was recently forced to lay off 23% of its staff based on a recent email from company founder JoshuaContinue Reading
Funding Efforts Net Aniomca Brands $110M
On September 8th, Animoca Brands announced it had raised $110 million in funding by issuing convertible notes as the companyContinue Reading