Investment
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Why it's become harder to raise investments in mobile game development in 2024
Azur Games co-founder Dmitry Yaminsky looks at the costs breakdown of making hypercasual and casual mobile games
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Red Rover secures $15m in funding
Series A round to go towards development of debut title Project Coltrane
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A16Z Games to invest $75m for accelerator program
This year's program will run from July 29, 2024 and provide investment, mentorship, and support for early games startups
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Bitkraft Ventures unveils new $275m fund
The Bitkraft Venture Fund 3 will continue the VC firm's investments in gaming and interactive media start-ups
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Wargaming's Nick Katselapov launches investment firm Mika Games
The CEO says 83% of mobile games fail in three years due to a lack of financing and business support
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Midas Games receives $1m in funding round
Mobile studio aims to release its debut titles later this year
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Popularium secures $2m seed funding for next game by Magic: The Gathering creator Richard Garfield
Co-founder and former Xbox Live manager Arka Ray tells us debut game Chaos Agents will "push the boundaries of innovation of game design and economics"
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How Xsolla Funding Club helped Happy Juice deliver its vision for Lost in Play
We talk to co-founder Yuval Markovich about the Gravity Falls-inspired point-and-click adventure and recapturing the child-like wonder of play
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With the investment, the cloud gaming firm aims to expand its international market presence
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Roar Games secures $1.5m from The Games Fund
The investment will go towards development of its action title Tenet of the Spark
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Keoken Interactive: The way games are made and funded is "failing"
Co-founder Koen Deetman on the difficulties devs face in finding funding, and the Deliver Us Mars studio's last resort efforts to land a deal
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Brain Jar Games secures $6.7m in seed funding round
Funds will go towards its debut game Dead as Disco, set for release in 2025
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DDM: Gaming M&A activity reached $76.7bn in 2023
The year also saw investment transactions decrease by 69% year-over-year across 616 deals
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Network N takes controlling stake in Roucan
Founders Matt Styles and David Lilley to stay at the WASD and London Developer conference organiser
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Frost Giant asks players to invest in studio
The funds raised will support marketing costs for Stormgate
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Investors on the state of video games: "We are investing, but the bar is so much higher"
Experts talk candidly about the sharp downturn in video game investment, and when things might improve
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Stoke Games raises $5.5m for "shooter-adjacent" PvP game
Remote studio from ex-League of Legends and Multiversus developers exploring a "slower-tempo" game with strategic focus
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Tencent acquires controlling stake in Swords of Legends dev Wangyuan Shengtang
Chinese games giant now owns over 94% of the Beijing developer, gains access to IP
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Toca Boca and Mojang alum unveil games studio Roro
The games studio also secures its first investment towards the development of its mobile project
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Mountaintop raises another $30 million
Start-up studio brings influencer investors on board as it gets closer to announcing its debut tactical shooter
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Mobile studio Order of Meta raises $3.3 million
The funding round led by GEM Capital will go towards debut title Cargo Hunters
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Kwalee invests €1.5m in mobile studio 8SEC
CFO and VP of mobile publishing to join the dev's board
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Carry1st receives investment from Sony
The mobile publisher is the first of a larger initiative that aims to grow entertainment businesses in Africa
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True Gamers secures $45m investment
The firm intends to establish more than 150 esports facilities across Saudi Arabia
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Dmitrii Filatov and Grigory Bortnik launch Narwhal Accelerator
Initiative intends to assist teams across Europe, LATAM, and MENA region in reaching investor support