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

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

1. Atari has agreed to buy classic video game maker Digital Eclipse for up to $20 million in cash and stock.
2. Casual games hub Playbite nabs $1M in funding
3. Developer Funstop secures $1.5M funding from Indian investors. From India 💖
4. Midwest Games lands $3m investment
5. Devolver Digital to acquire Astroneer dev System Era for up to $40 million
6. Former World Of Warcraft, League Of Legends Lead Greg Street Reveals New Studio and MMO Codenamed ‘Ghost’
7. GFR Fund raises $53.5M to invest in games and entertainment
8. TapNation gains €15M funding
9. Istanbul-based game studio SuperGears successfully completed an investment round led by TMRW Foundation

2nd week:

1. Animoca Brands partners with Saudi Arabia in $50M deal to bring Web3 to NEOM
2. AstroBeam raises $3M for VR multiplayer games.
3. AppsFlyer acquires data analytics company devtodev
4. Blacklight Studio Works concludes its maiden funding round
5. Noice has raised $21 million to revolutionize social gaming with a combination of livestreaming and multiplayer gaming on one platform.
6. Squido Studio raises CA$1.5m in funding round
7. Aptoide secures €8.5 million investment from Digital Turbine, strengthening strategic partnership.
8. Nitro Games signs a €9M deal with Netflix to develop and operate an undisclosed game.
9. Azur Games buys the hypercasual games portfolio of Good Job Games.
10. Istanbul-based game studio SuperGears successfully completed an investment round led by TMRW Foundation

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3rd week:

1. Nordcurrent snaps up River End Games
2. Annapurna has acquired South Africa’s 24 Bit Games –a long-time collaborator with the indie publishing giant.
3. Midwest Games Raises $3 Million With Green Bay Packers, Microsoft VC
4. IO Interactive Secures 007’s License to Develop Multiple Bond Games
5. Bazooka Tango, the game studio founded by former Rockstar and Riot developers Bo Daly and Stephan Sherman, has successfully raised $5 million in a funding round led by BITKRAFT Ventures for Web3 tactics game
6. Aonic Group Acquires nDreams For $110 Million
7. China’s Bytedance is talking to likely buyers about gaming unit Moonton’s sale.
8. Transcend Fund raises nearly $60M for second seed fund to invest in games and entertainment.
9. SBI Holdings reveals ¥100B fund to bolster Web3 in Japan.
10. Artifact Lab secures $2 million in pre-seed funding
11. Atlas generative AI platform secures $6 million funding

4th week:

1. NetDragon invests $20 million in Rokid to target Metaverse opportunities
2. Layer AI seed round raises $1.8M to bolster generative game art production
3. Toge Productions acquires Mojiken Studio
4. Ubisoft teams up with Animoca Brands on Web3 metaverse Mocaverse
5. Saga raises $5M more in seed funding for Web3 protocol development
6. Sleek raises $5M for Web3 social networking

Cartic P, iCartic.com