Loco Secures $42 Million From Investors
The video game streaming start-up company Loco announced it secured $42 million during a recent investment round. To date, theContinue Reading
Tag: invests
AcadArena Relaunching Scholarship Program For Gamers
The Southeast-Asian-based campus gaming organization, AcadArena, announced a relaunch of its merit scholarship program for students ranging from their seniorContinue Reading
Ontario Government Launches $791K College Esports Scholarship Program
The Ontario Government recently announced it had launched $791,000 scholarships for students enrolled in esports and other gaming-related collegiate programs.Continue Reading
Riot Games Invests In Production Studio Responsible For Arcane
Riot Games recently announced it had invested in Fortiche Production, the Paris-based animation studio behind the hit Netflix show Arcane.Continue Reading
Galaxy Interactive Names Ryan You Co-Head Of Its Gaming Division
On March 14th, it was announced that Ryan You had been appointed to Galaxy Interactive as the company’s co-head ofContinue Reading
Zwift Becomes Title Sponsor Of The UCI’s Paris–Roubaix Femmes
Online cycling platform Zwift has agreed to a four-year deal to become the presenting partner of the Paris-Roubaix Femmes. The annual raceContinue Reading
Detroit Red Wings Unveil Esports Lounge For Kids
On March 7th, the Detroit Red Wings Foundation, the charity arm of the NHL team of the same name, announcedContinue Reading
Pre-Season Series A Funding Round Nets Gamerji $1.1M
The Indian video game tournament platform Gamerji recently announced the organization raised $1.1 million in a pre-season Series A fundingContinue Reading
Griffin Gaming Partners Raises $750M For Gaming-Focused VC Fund
Griffin Gaming Partners recently announced it had closed a $750 million venture capital fund to invest in the gaming space,Continue Reading
Ignite Tournaments Raises $10M For Building Play-To-Earn, Mobile Esports Tournament And Broadcasting Platform
Ignite Tournaments has raised $10 million in funding from key investors to develop the world’s first mobile play-to-earn (P2E) esports tournamentContinue Reading
Gaming Investments Hit $38.5B Last Year
According to a report that was recently released by Digital Development Management, video game investments garnered $38.5 billion in 2021.Continue Reading
App Management API Helping Gaming Studios Scale Faster
AppsFlyer’s App Management API and Partner Integration API allow studios to programmatically add and integrate their apps in an efficient way, reducing overheadContinue Reading
Backbone Announces $40M Funding Round With Backing From Several Celebrities
The mobile game streaming platform Backbone recently announced it raised $40 million in a Series A funding round. According toContinue Reading
FTX Making Its Way Into Blockchain Gaming
The world-famous cryptocurrency exchange platform FTX recently launched its own gaming unit focused on blockchain and non-fungible token projects. ThisContinue Reading
Skillshot Media And Ghost Gaming Want To Make Lindbergh, Georgia An Esports Destination
Skillshot Media CEO Todd Harris wants to make Lindbergh the nucleus of Atlanta’s growing esports market. His first step towardsContinue Reading
A Hasbro Investor Calls For Gaming Division Spinoff And Changes To Board Of Directors
On February 17th, Alta Fox Capital Management, which owns a 2.5% stake in the toy giant Hasbro, called for aContinue Reading
Salad Ventures Raises $13.5M In Private Sale Round
Salad Ventures recently announced the organization secured $13.5 million in a private sale round. This money will be utilized toContinue Reading
Storebrand Asset Management Excludes Activision-Blizzard
Storebrand Asset Management, a financial services company in Norway, announced that they will be staying far away from any investmentContinue Reading
Era7 Hosts Initial Farm Offering On February 18th
On February 18th, Era7 hosted an initial farm offering on PancakeSwap for players and investors after the company held aContinue Reading
Esports Technologies Announces Revenue Of $7 Million For Q1 2022
Esports Technologies Inc, a leading global provider of advanced esports wagering products and technology, announced revenues for the quarter (thatContinue Reading
Meta Invested $40M In Playco
According to a recent report, Meta, the parent company of Facebook, recently invested $40 million in the mobile gaming organizationContinue Reading
Zero Latency VR Gaming Center Coming To Cleveland
A virtual reality gaming center is coming to Cleveland later this month, making it one of the first of itsContinue Reading
Free Fire And 53 Other Mobile Gaming Apps Banned In India
One of the world’s most popular esports titles can no longer be accessed in one of the gaming industry’s largestContinue Reading
India’s Mobile Gaming Boom Rewarding Homegrown Developers
Unlike other major markets, mobile gaming is king in India thanks in large part to the proliferation of smartphones. AfterContinue Reading
Weekly News #193: BF2042 Failure, Peloton Lanebreak, Gaming Sake, Hasbro Activist, Meta Zoom Games, New Riot Logo, Gamer Apartments, Sneaker PC
In the latest weekly news and podcast after-show (sponsored by YouGov), we discuss Electronic Arts recognizing the failure of Battlefield 2042, DrContinue Reading
Angry Birds Franchise Experiencing Growth Again
This month, Finnish game maker Rovio reported a rise in fourth-quarter operating profits thanks to the growth of its topContinue Reading
MSM Corporation International Limited Merges With Riva Technology And Entertainment
MSM Corporation International Limited (MSMCI) recently announced it had finalized its merger with Riva Technology and Entertainment (RTE), the sisterContinue Reading
Gala Games Investing $5B To Expand NFT Offerings
On February 7th, Gala Games announced it would be spending $5 billion over the next year to expand its non-fungibleContinue Reading