Business of Games:🔊 Shout out to new studios, and game funds… (Oct 2022)

4th week:

1. QYOU Media India to acquire a controlling share in a mobile gaming company, Maxamtech Digital Ventures
2. Undead Labs founder Jeff Strain announces new game development studio with $25M investment
3. Turkish mobile game developer Manc Games secures $50M investment
4. ArenaNet vet Strain launches new studio Crop Circle Games
5. Finnish game studio Makea Games secures $1.3 million in funding round
6. ChainSafe raises $18.75 million in Series A funding
7. Hiro Capital invests in a new studio from Mythic veterans, Loric Games
8. VR gaming startup ForeVR Games raises $10M to grow its library of Wii Sports-like titles
9. Loric Games raised a round led by Hiro Capital
10. Crop Circle Games raised $25M from a variety of investors including Transcend Fund

3rd week:

1. Indian edtech giant Byju’s raises $250M
2. Gruby announces Tencent as its newest minority shareholder
3. Riot Games acquires Wargaming Sydney
4. Bandai Namco announces investment in blockchain title — Gangbusters
5. ByteBrew raises $4 million in a Seed Round to provide game developers with more tools and aid growth
6. Mobile studio Magic Games raises $5m
7. Odyssey Interactive secures $19m in Series A funding round
8. Stardust raised $30M in a round led by Framework Ventures

2nd week:

1. Elyzio raises $2M in pre-seed round to build blockchain games
2. Tribo, a studio from King & Kopla vets raise €1.2M for web3 game
3. Shiro Games attracts $48.5m investment
4. Bandai Namco acquires majority stake in Limbic Entertainment
5. Homa raises $100 million in Series B to expand its platform
6. Muus Collective raises $5M for fashion-centric games and collectibles
7. Umuro secures significant investment
8. Playstudios acquires mobile game developer Brainium
9. Meta acquires Camouflaj, Armature Studio, and Twisted Pixel under Oculus Studios
10. Flowstate Games unveils Web3 arcade game Smash Stars: Thunderdome and $2M funding

1st week:

1. Amber receives $20m investment
2. Fandom acquires GameSpot, Metacritic and Giant Bomb, other sites, WSJ report says deal valued at $55 million
3. Tencent acquires minority stake in Gruby Entertainment
4. Horizon Blockchain Games Inc. raises $40M
5. TruePlayers secures £225,000 investment
6. Bidstack secures £10m in funding, including £5m from Irdeto
7. In-game advertising company Bidstack secures $11M in funding
8. Bandai Namco Europe increases investment in Limbic by acquiring majority stakes
9. Blockchain game Spinblade secures $250,000 in investment
10. Gamurs ends Series A funding round and secures $12 million

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