Sitemap
Game Development
Game Design
Business Of Games
Icartic

Business of games: studios that raised funds in August, investment round-up.

2 min readAug 7, 2023

--

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

  1. Playtika acquires Youda Games for up to $165M
  2. A16z Games commits $75M to Speedrun game startup accelerator
  3. Yudiz Solutions to launch IPO on 4 August with Rs 10 face value — the combined space of blockchain, AI, and gaming to publicly enlist
  4. Zibra AI raises $500,000 from a16z Speedrun
  5. Studio Billion receives investment from Aura B4YO Fund, WePlay Ventures, and Lima Ventures
  6. Inworld AI’s company value exceeds $500 million with the latest funding
  7. Reactional Music and Amanotes announce a new partnership

2nd week:

  1. Windup Minds raises $1.6M to build virtual pets in VR and MR
  2. Japanese mobile entertainment company Mixi to invest $50m in Indian market
  3. Krafton commits to massive $150m investment in Indian startups
  4. Gem Capital sets aside $50m for Eastern Europe game studios
  5. Windup Minds, a new studio with talent from Oculus, Niantic, Magic Leap, wants to bring virtual creatures into your headsets. The studio announced a $1.6 million close of pre-seed fund.
  6. Telltale has acquired Flavourworks for an undisclosed sum
  7. Blue Ant Media and Marblemedia merge into one unified studio
  8. Rollic partners with Power Slap for new mobile game

3rd week:

    Get CARtic P’s stories in your inbox

    Join Medium for free to get updates from this writer.

  1. InMobi acquires consent management platform Quantcast Choice
  2. Remote Control Productions and AUCTUS Capital Group partner to form Prestiged Gaming Group
  3. Made on Earth Games raises $3.2m in seed funding round
  4. Prytania Media launches two new game development studios — Dawon Entertainment and Fang & Claw
  5. ZTX raises $13M for Web3 virtual world and creator platform
  6. Take-Two Interactive subsidiary Rockstar Games purchased Cfx.re
  7. Monetizr, a Latvian in-game advertising platform for mobile gaming, raised $4 million in venture funding
  8. Hungri Games joins the portfolio of Boğaziçi Ventures
  9. Haveli Investments acquires minority share in Match Masters developer Candivore
  10. Nazara Technologies to invest $500,000 in Israeli gaming startup Snax Games
  11. new studio: Incite Interactive from Nicolas Coderre, Dan Fessler, and Andrew Friday

4th week:

  1. Netflix and XSET veterans form Midwest Games
  2. Behaviour Interactive acquires Dutch studio Codeglue
  3. British developer Scriptic raises $6.2 million in second seed round
  4. Play Ventures, a Singapore-based venture capital firm, has secured $78 million for its third gaming fund
  5. NoExit Games secures investment over $4 million valuation
  6. Mega Fortuna secures $2.3 million in seed funding
  7. PUBG maker Krafton partners with Ironmace Games to develop Dark and Darker Mobile
  8. Studio expansion: Virtuos opens new Prague studio
  9. Studio expansion: NetEase opens new studio T-Minus Zero Entertainment headed by MMO vet Vogel

Cartic P, iCartic.com

Game Development
Game Design
Business Of Games
Icartic

--

--

CARtic P
CARtic P

Written by CARtic P

game production & business guy — Cartic P, iCartic.com