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: venture capital
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
A Big Boom Is Expected For The Indian Gaming Market
According to a report from the gaming and interactive media venture capital fund Lumikai, India’s gaming market recently reached aContinue 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
Blockchain Gaming Staying Warm During Crypto Winter
While much of the crypto space has been hurting of late, DappRadar’s recent report on the state of blockchain gamingContinue 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
Solana Ventures Investing Millions In Korean Start-Ups
Solana Ventures and the Solana Foundation recently established a $100 million grant and investment fund that will be used toContinue 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
Venture Capitals Bullish On Web 3 And Gaming Startups
Venture capitalists are turning to the budding Web 3 and metaverse industries amid a dry spell in the industry. AfterContinue 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
Gaming DAOs, Merit Circle, And Yield Guild Games At Odds Over Investments
Merit Circle DAO has put forward a proposal to refund an investment from Yield Guild Games (YGG) due to whatContinue Reading
Investigating The Marriage Of Crypto And Gaming In High-Risk Play-To-Earn Economies
Blockchain-based play-to-earn games like Axie Infinity can make for lucrative businesses thanks to the hype around NFTs and virtual worlds,Continue Reading
Metaverse Majors’ User Base Falls Short Of Market Expectations
The metaverse, despite all the interest from venture capitalists and the world’s major brands, is struggling to attract users, and tokenContinue Reading
Nansen Makes First Venture Capital Investment In Gaming Analytics Firm ZeroDrop
On-chain data platform Nansen is leading a $1.27 million seed round for Web 3 gaming startup ZeroDrop. This is a milestoneContinue 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
Framework Ventures Secures $400M For Venture Capital Fund
Framework Ventures recently announced it has accumulated over $1.4 billion in total assets following a $400 million investment into theContinue Reading
Sixers Innovation Lab Launches Another Fund For Early-Stage Start-Ups
Sixers Innovation Lab, which is a venture capital fund supported by Harris Blitzer Sports and Entertainment, recently launched a secondContinue Reading
Nazara Commits $4M To Griffin Gaming Partner’s II Fund
Nazara Technologies has committed $4 million to Web3-focused venture capital fund Griffin Gaming Partners Fund II. Nazara will be investingContinue 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
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