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: vc
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
Fandom Buys Several Online Gaming Publications In $50M Deal
Fandom recently announced plans to acquire several online publications including Giant Bomb, GameSpot, Metacritic, and GameFAQs. According to a sourceContinue Reading
The CEO Of 100 Thieves Made An Energy Drink
Matthew “Nadeshot” Haag, the CEO of 100 Thieves, has unveiled his latest project: an energy drink. Dubbed Juvee, this zero-sugarContinue 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
Why Is G2 Esports Making Its CEO Take A Two-Month Leave Of Absence?
G2 Esports’ CEO, Carlos Rodriguez, has come under scrutiny after it was discovered that he was hanging out with aContinue Reading
Is 100 Thieves A “Predatory Org?”
There seems to be some trouble brewing for 100 Thieves. This comes after former team member Erind “Froste” Puka allegedContinue Reading
Russia Wants To Make Its Own Video Games
According to a recent report from the business newspaper Kommersant, Russia’s state-backed technology conglomerate, Rostec, wants to create its ownContinue Reading
Animoca Brands Achieves A Valuation Of Almost $6B
On July 12th, Animoca Brands announced that it had secured $75.3 million in a recent fundraising round. As a result,Continue Reading
Former TikTok Exec Launches Blockchain Gaming Company
On July 5th, Jason Fung, the former head of TikTok’s gaming unit, announced he would be launching a blockchain gamingContinue Reading
Blockchain-Based Gaming Still Strong Despite Crypto Markets Tanking
The crypto markets might be on a downturn, but the same can’t be said for blockchain-based gaming. The total numberContinue Reading
Animoca Brands Continues To Be A Force In The Gaming Industry Following Latest Acquisitions
Animoca Brands recently acquired Notre Game s.r.o and Darewise Entertainment. Animoca will work with Notre Game to bring its newContinue Reading
Blockchain Gaming Netting Big Venture Capital Investments
Blockchain gaming is hitting its stride. According to investment bank Drake Star Partners, 128 blockchain-related gaming companies have received $1.2Continue Reading
Sky Mavis Raises $150M To Reimburse Victims Of Axie Infinity Hack
On April 6th, Sky Mavis announced the company had closed a $150 million funding round in an attempt to reimburseContinue 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
MetaLaunch Creates $3M Fund For Gaming And The Metaverse
On January 8th, MetaLaunch announced that it had created a $3 million fund to encourage the growth of both gamingContinue Reading
TSM Appoints Dominic Kallas As Vice President Of Esports
Dominic Kallas, former Gen.G head of US operations, is joining Team SoloMid (TSM) as its vice president of esports. InContinue Reading
Eximius Ventures Launches The Gaming Lounge
The micro venture capital fund Eximius Ventures recently launched “The Gaming Lounge” as part of an effort to support fundingContinue Reading
Patron Unveils $90M Investment Fund For Gaming
Two Riot Games veterans have come together to create an early-stage venture capital firm called Patron. As a result, theContinue Reading
NZXT Raises $100M In First Funding Round Since 2004
The PC Gaming brand NZXT recently announced it had raised $100 million in a financing round. This marks the organization’sContinue Reading
Investments In Gaming Startups Reach Five-Year High
Investors are pouring money into gaming companies as they benefit from a surge in online gaming sparked by the COVID-19Continue Reading
Playpulse Raises $2M In Recent Funding Round
A recent financing round netted Playpulse $2 million. The company plans on using this money to continue developing Playpulse OneContinue Reading
SEC Filing Shows Sisu Game Ventures Raised $50M Fund For Esports
According to a recently filed form with the Securities and Exchange Commission, Sisu Game Ventures has launched a $50 millionContinue Reading
Business of Esports – Weekly News #378
In this week’s esports business news: a VALORANT college esports tournament is unveiled, the number of older gamers is onContinue Reading
Crypto Gaming Seed Fund Launched By NFX
On October 8th, the venture capital firm NFX launched a cryptocurrency-based gaming initiative. The goal of the project is toContinue Reading
VCs Nearly Doubled Their Bets On Crypto Gaming In October
The NFT investing craze continues to stay hot. In the last quarter, user growth and engagement in crypto-related gaming projectsContinue Reading
Three Studios Receive $3M Investment From My.Games Venture Capital
My.Games Venture Capital recently announced it had invested $3 million into three eastern European gaming studios. The studios that receivedContinue Reading
OP Games Secures $8.6M In Funding Round
On October 7th, OP Games announced it had secured $8.6 million in a seed round of funding. This money willContinue Reading