🔊 Shout out to new studios, game funds… (March 2022)

March last week:

1. Aonic invests $35M into VR developer nDreams
2. Room 8 acquires Massive Black 🤘🏽 kudos to the hustler team from Ukraine
3. Games24x7 has raised 75M from Malabar Investment, Tiger Global, and Raine Group. (FELLOW INDIAN STUDIO :)) 💗
4. Tencent grabs stake in Killsquad developer Novarama
5. LIV raises $8.5m in SeriesA funding round
6. Former Riot Games founded Battlebound raises $4.8M, new studio 🦈

March 4th week:

1. Ex-Stadia Jade Raymond’s Haven Studios acquired by PlayStation
2. VR studio Ramen lands $35m Series B
3. Bored Apes NFT startup Yuga Labs raises seed round at monster $4B valuation
4. Gamefam raises $25M to develop and publish Roblox games
5. FTX acquires Good Luck Games to encourage blockchain integration in games
6. Netflix acquires Boss Fight Entertainment
7. Red Door Digital raises $5M to build high-end blockchain games
8. Trailblazer Games raised $8.2M for its upcoming Eternal Dragons blockchain game

March 3rd week:

1. Ten Square Games acquires 24.8% of Gamesture for $3.5M
2. PopScreen Games closes series A funding round with Garena
3. Tencent becomes majority investor in Rime developer Tequila Works
4. Wildlife Studios is entering the blockchain, NFT, and Web3 space
5. Avalanche Studios vets set up Elemental Games 🦈
6. Homa Games acquires RisingHigh Academy for hypercasual development
7. Sperasoft and Microsoft vets open new studio Arctic7 🦈
8. Lila Games raises $10m in Series A funding, a fellow Indian studio 🧡
9. Tilting Point acquires children’s mobile game developer Budge Studios
10. Volt Games raises $1.5M, led by Voodoo
11. Third Time raises $3.5M for mobile/web horse-racing game with NFTs
12. FRVR raises $76m to expand casual games platform
13. Former EA and Zynga veterans raise $3.5M for blockchain mobile games 🦈
14. Offworld Industries acquires Redstone Interactive
15. Trailblazer raises $8.2M for Web3-native fantasy universe
16. Ramen VR, raised $35M as a Series B funding
17. C2X raised $25M in a private token sale
18. Lava Labs raised $10M for its multiplayer web3 game
19. Tripledot acquires entertainment platform Live Play Mobile

March 2nd week:

1. MPL acquires GameDuell
2. esports gaming platform GamerJi has raised $1.1M in a pre-Series
3. Griffin Gaming Partners raises $750M for its second fund
4. Playwind Games raises $4M, backed by Garena
5. Game streaming platform Loco raises $42M to build ‘Twitch for India’
6. Colossal grabs $60M Series A for moonshot mammoth project
7. Lightforge Games raises $15M for new RPG made on Unreal Engine 5
8. Postcard Game Studio secures $3.5m seed investment from Smilegate — new studio 🦈
9. Scopely makes $20M investment in Burlingame Studios
10. Ignite Tournaments raises $10M to create mobile P2E esports platform
11. Immutable raised $200M at a $2.5B valuation
12. Studio 369 raised $15M through a private token sale
13. Gamepay Raises $1.2M Pre-Seed For Play-To-Earn NFT Games Expansion
14. Turnt Gaming raises $4.3M for its skills-based fighting game
15. Byju’s raises $800M in funding led by founder Raveendran
16. Niantic is acquired 8th Wall

March 1st week:

1. Tencent is buying Poland’s 1C Entertainment
2. SciPlay acquires Alictus in $100 million all-cash transaction
3. Netflix buys Finnish studio Next Games for $72 million
4. Educational games platform Legends of Learning raises $5m
5. Thatgamecompany receives $160m investment
6. WB Games veterans establish new games studio Fortis 🦈
7. TLM Partners acquires Team Coreupt
8. Turnt Gaming raises $4.3M for skill-based blockchain fighting game
9. Tiny Rebel Games raises $7 million for mobile-based Petaverse Network
10. Hiro Capital raised a $300M fund for gaming
11. Worldspark Studios raised a $3M seed

Cartic P, @iCartic.com