Business of Games: 🔊 Shout out to new studios, partnerships, and game fund

Investment round-up, with a list of studios that got funded in the June 1st week

1. Lighthouse Games lands unspecified Tencent investment
2. Homa to form a strategic partnership with mobile studio 8sec
3. JetSynthesys acquires majority stake in kids' educational and media platform KidzByte
4. Embracer raises $182 million via share issue
5. Atari makes minority investment into Playmaji
6. Plarium co-founder’s WhaleApp startup has raised $50 million and made $80m
7. Keesing Media Group acquires casual games developer CoolGames
8. Scriptic raises $5.7 million led by BITKRAFT Ventures

July 2nd week:

1. Gamercraft raises $5 Million for AI-powered skill- gaming platform
2. EA starts new AAA studio Cliffhanger Games to develop the Black Panther game
3. Binance commits $15M to Xterio to boost Web3 game platform with AI
4. Lightspeed Studios acquires developer Lucid Games
5. Skill-based game developer Bring It On raises $4 million in seed funding
6. Gardens Raises $31 Million, Gets Nintendo, Sony, Microsoft Exec Backing
7. Fortune Mine Games closed its seed investment round of $2M
8. Q-Games alumni form Denkiworks

July 3rd week:

1. Scalo leads $3.5m investment in Sushi Roll, Blend it 3D publisher Hexacore
2. Fortune Mine Games closes $2m seed round
3. Bungie and EA veterans form Look North World
4. FIFA AI Soccer League dev Futureverse raises $54 million in series A funding round
5. Turkish investment continues to proliferate, with Ludus Ventures participating in a $2m seed round for mobile developer Fortune Mine Games.
6. Screen Australia invests $3 million into gaming as part of the country’s digital entertainment goals — The fund sees 23 games with budgets below $500,000 receive fresh cash influxes
7. Eyeball Games raises $1.5M for the blockchain pool game
8. Cloud Imperium Group acquires long-time collaborator Turbulent
9. New studio Closing Theory raises $2.3m investment
10. 505 Games Invests $660K in the Development of Ghostrunner 2

July 4th week:

1. Tencent acquires visual novel company Visual Arts
2. Capcom acquires support studio Swordcanes
3. Animoca Brands invests $30 million in hi
4. Tencent set to become the majority shareholder of Polish videogame company Techland
5. Capcom acquires support studio Swordcanes
6. GameStake Technologies raises £630,000 in seed funding for “rewarded play” gaming
7. WePlay HUB started its first program with 14 game studios from 7 countries
8. Valhalla Ventures raises $66 million

Cartic P, iCartic.com