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

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

1. Animoca Brands and Everest Ventures Group partner to cross-invest in upcoming Web3 projects
2. Infinite Reality acquires 3D avatar creator Action Face
3. Ubisoft vet David Polfeldt opens new studio in Barcelona, Bespoke Pixel has raised $25 million in funding
4. Wevr raises $3.5M for spatial computing and game production
5. A new UK studio from Mediatonic alumni just came out of stealth, called Kindred Spirit Games
6. The Sandbox, a user-generated content metaverse platform, has raised $20 million in convertible debt at a $ 1 billion market valuation.
7. South Korea’s NDUS Interactive raises $7.5M for third-person shooter game Xociety
8. Games marketing veteran Michal Napora has announced a new publishing label, Unikat
9. Gem Capital invests $5M IN Weappy, VEA Games, and Game Garden

2nd week:

1. Astrocade raises $12M for AI-based social gaming platform
2. Voodoo has acquired BeReal
3. My.Games is launching a new publishing arm, Knights Peak Interactive with a focus on PC and console games.
4. Industry vet Napora opens indie publisher Unikat
5. Telegram-focused Pixelverse raises $5.5 million to build Web3 games
6. Game ads platform iion secures seed capital to fuel global expansion

3rd week:

1. Tripledot acquires Zephyr MobilePengu creator Slay raises $5M for social gaming platform
2. Megamod raises $1.9M for user-generated content platform
3. Farworld Labs raises $1.75M for Web3 mobile gaming ecosystem
4. Narwhal Accelerator injects six-figure funding into game dev tool Magify
5. Florian Jauffrineau (ex-TapNation VP) founded a new studio, Good Games
6. Animoca invested in the seed SAFT round for Saltwater Games’ $XR token.
7. Second World Games launches Fantasy Troop and raises $3M in token presale
8. Verve Acquires Jun Group, A Mobile Video And Gaming Network, For $185 Million
9. Mystic Forge has announced the successful closure of a €2M funding round led by ForsVC and ROM Utrecht Region.
10. Digital educator Brainspark Games has raised £1.4 million from a combined angel investment and grants from Innovate UK
11. CodeDev: The Unreal Guys, a new studio based in London founded by chairman Rik Alexander, CEO Myke Parrott, and CTO Ryan Woodland

June last week:

1. King purchases AI firm Peltarion
2. Atari buys Surgeon Simulator from TinyBuild
3. Redacted raises $10M for Web3 entertainment ecosystem
4. New studio 2weeks to focus on prototyping and bite-sized games
5. CyberAgent has struck a deal to acquire NitroPlus for $104.1 million
6. LinQ raises $2.3 million in seed funding to publish real-money games
7. Pullup Entertainment acquires minority stakes in Uppercut and Rundisc
8. Scaffold secures $1.5 million to support game startups in Canada’s Alberta
9. Nodwin to acquire German gaming company Freaks 4U for Rs 271 Cr ($32.6 million)
10. OV Entertainment Group acquires co-development studio Kokku and tech firm 3OGS
11. K-ID raises $45M as series A, to help game devs speedrun the child safety compliance puzzle

With Love, Cartic P
/ @iCartic.com