Business of Games: studios that raised funds in August, investment round-up
Investment round-up, with a list of studios that got funded in the August 1st week:
- Amber acquires Madbricks
- Social First secures $4.2m in funding
- South Korea’s Hybe IM raises $80M for games
- Oneiric11 Gaming raises $1 Mn in pre-Series A funding
- Nazara acquires UK-based Fusebox Games for $27.2 Mn
- Nazara’s Absolute Sports acquires assets of DeltiasGaming
- Ex-Hitman, Raid: Shadow Legends devs found Chamo Games
- Cartridge raises $7.5M in funding for on-chain game development
- Second Dinner invests in W4 Games and will make Godot games
- 11 Bit Studios partners with Skybound on Frostpunk 2 Special Edition
- RallyHere partners with ProbablyMonsters to launch two new titles
- MixRift Secures $1.6M Funding Round to Make the ‘Angry Birds’ of MR
- Bitkraft invests in Gam3Girl Ventures to help Web2 devs move to Web3
- Curio announces $5.7M funding round, launches new strategy game Duper
- Industry veterans partner to launch game publisher Digital Bandidos for indie developers
- Former NFL star and ex-Activision producer team up to launch new mobile game studio Marauder Tech
- AI agent maker nunu.ai has raised $2 million in a pre-seed round from a16z Games Speedrun, Boost VC, Y Combinator, and angel investors
2nd week:
- Keywords has acquired Wushu Studios
- TON Ventures Reveals New $40 Million Fund
- Reforged Labs raises $3.9m in funding round
- Reforged Studios acquires Ground Shatter and Extra Mile Studios
- Krafton leads Eschatology Entertainment’s $11.3M Series A funding
- Autoverse Studios raises $8M for Auto Legends drag-racing Web3 game
- FRVR raises $12.7 million towards AI engine and games democratization
- Gamee gets investment from TON Ventures to make Telegram mini-apps
- Google opens its $2m fund for Latam Indies. Each studio will receive between $150,000 to $200,000
- Krafton announced in its quarterly earnings it has acquired Tango Gameworks, including rights to the Hi-Fi Rush intellectual property.
3rd week:
- Mudstack raises $4M to manage assets for game devs
- Sporty Group moves into games as it acquires Sociable Soccer
- Virtuos completes acquisition of UK games studio Third Kind Games
- Publisher Headup establishes new independent studio Goon Squad
- Nazara has completed 100% of the acquisition of Fusebox Games UK!
- Soulbound raises $4M for Web3 social gaming ecosystem
4th week:
- Legend of Arcadia raises $4 million
- PTW acquires Ghostpunch Games for $13m
- Flame Fatales raises $118,000 for Malala Fund
- Slitherine acquires Combat Mission developer Battlefront
- Gameplay Galaxy raises $24M to build Web3 competitive ecosystem
- Blockchain studio Double Jump Tokyo nets $10M from SBI Investment, Sony, and others
With Love, Cartic P
/ @iCartic.com