Business of Games: studios that raised funds in April, investment round-up

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

1st week:

1. Elixir Games raises $14 Million from seed funding round
2. Laton Ventures, a new gaming venture capital fund, is launching today with $35 million in money to invest in game companies
3. Lil Snack raises $3.1M for snackable games built by devs with AI tools
4. Thunderful is selling Headup for €500,000
5. Voldex scores big with acquisition of Ultimate Football on Roblox
6. VoxPop Games acquires Celebrity Games to boost talent integration for indie devs
7. Today, a web3 social simulation game has raised a $5 million seed funding round to further develop its generative AI-powered intelligent NPCs and no-code creator tools

2nd week:

1. New studio: Cave Bear Games
2. PowerWash Simulator dev FuturLab acquired by Miniclip
3. OKX Ventures announces pre-seed round investment in Cellula

3rd week:

1. Ninja Kiwi acquires Legion TD 2 developer AutoAttack Games
2. PUBG maker Krafton leads $15M investment into UK studio Red Rover Interactive
3. Infinite Reality acquires Stakes for $8M in stock to build immersive experiences
4. Avalon raises $10M to launch hybrid Web3 MMO
5. Ex-Unacademy CXO-founded gaming startup LightFury raises $8.5M
6. Circle of Games raises $1 Mn from Nazara and The Hashgraph Association
7. Ex-Blizzard Artist’s Studio (Imagendary Studios) announces new Sci-Fi TPS RPG
8. Today raises $5 million for AI-powered social sim gaming
9. A16Z closed $7.2 billion for new funds, it raised $600 million for its second gaming fund, which was targeted as 10% of the fund.
10. Auctus Capital Partners and Remote Control to invest in European games companies
11. Goliath acquired Lucky Duck Games

4th week:

1. Krafton acquires minority stake in Forever Skies developer Far From Home
2. Infinite Reality buys Drone Racing League for $250M
3. Psygnosis vets found a new studio Starlight Games
4. Carv raises $10M series A to simplify data monetization for gamers

With Love, Cartic P
/ @iCartic.com