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

1st week:

1. Village Studio raises $2.3M for cross-game Playken avatars
2. Supercell acquires majority stake in Trailmix with $60M investment
3. Candivore has raised $10M in funding

2nd week:

1. Playstack acquires mobile studio Magic Fuel Games
2. Cypher Games raises $3.2M
3. Oxalis Games has raised $4.5M in a seed round led by Blocore and including Supercell, Animoca Brands, and Sir Ian Livingstone
4. Animoca Brands acquires Notre Game
5. Keywords to acquire Forgotten Empires for up to $32.5M
6. iCandy took 60% stake in Flying Sheep Studios at $2.14M
7. Savvy Gaming Group, an investment group from Saudi Arabia, has invested $1B into Embracer Group
8. Partnership deals: Mighty Kingdom and Lion Studios partner to develop an unnamed title

3rd week:

1. Hypemasters raises $3.25M to make World War Armies mobile RTS game
2. Pok Pok raises $3M to expand its digital play experiences for kids
3. VersusGame raises $25M for mobile gaming platform
4. Parthership: Tamatem Games, a leading publisher of mobile games in the MENA region, is partnering with MSA Novo to expand into the Chinese market
5. Playful Studios raises $46M for new Web3 gaming subsidiary The Wildcard Alliance
6. Partnership: ustwo and Netflix for a new title Desta: The Memories
7. Tatsumeeko raises $7.5M for blockchain fantasy MMO
8. Indian esports fantasy startup FanClash raises $40M
9. Partnership: Sknups raises $3.5M for blockchain game collectibles and unveils Dolce & Gabbana partnership
10. Animoca Brands acquires most of educational user-generated content firm TinyTap for $38.9M
11. Clockwork Labs raises $22M for community sandbox MMORPG BitCraft
12. Partnership: Revolving Games, Inc. partnering with Universal Games and Digital Platforms and Gala Games on a Battlestar Galactica-themed blockchain game
13. Odeeo raised $9M in a seed round led by Play Ventures
14. Earth From Another Sun raised $4.5M

4th week

1. Supercell invests in channel37.co, working on their first PC title
2. Gaming Platform WinZO Acquires Majority Stake In Upskillz Games
3. Partnership: TIME and The Sandbox partner to build metaverse destination, TIME Square
4. Lumi Interactive raises $6.74M for “crowdhealing” mobile game
5. CloudFeather Games lands $1.25M in seed funds for game dev tools
6. Parallelz raises $3M to instantly run any mobile app or game in a browser without quality loss or changes 💡 interesting one
7. Stepico announces acquisition of game art studio Inkration
8. Partnership: Subset Games partners with Netflix with exclusive mobile release of Into the Breach
9. Odeeo raised a $9M seed round backed by strategic investors within the mobile gaming and audio advertising industries
10. Miniclip to acquire mobile game developer Sybo
11. Square Enix invests in cloud gaming company Blacknut

Cartic P, @iCartic