The seed round was led by Bitkraft Esports Ventures, one of the most active esports investment funds in the world. Meta Games plans to use the investments to complete its first title, which is currently in open beta.
The award-winning designer behind Ultima Online and Star Wars Galaxies says it’s time for his ‘dream to be fulfilled.’
Leading Chinese internet company Tencent has been instrumental in bringing many western games to the east, but the publisher has shown interest in expanding its influence westward.
Former EA exec, Patrick Soderlund, founded the studio last year with Nexon as its only investor. The latest investment bolsters Nexon’s shares to just under 73%.
After a two-month investment period, the company behind the world’s most widely-used 3D development platform signed agreements with several new ‘world-class investors.’ An additional tender offer could push recent investment in Unity to $625 million.
Latest endeavor sees Microsoft continue to open up to collaboration than close itself off.
Dead By Daylight developer joins Bungie and others to have recently signed deals with the Chinese technology giant.
Founded in 2017, the Los Angeles-based organization is now valued at $160 million according to CEO and founder Matthew ‘Nadeshot’ Haag.
MindGeek’s Nutaku.net is celebrating Pride Month with a multi-million dollar initiative for developing queer adult games, signaling demand for a more inclusive adult games industry.
Funding will help expand more location-based VR venues, with more to come in Japan and U.S.