Investment

News

Blade raises $33 million for cloud gaming service Shadow

The company hopes cutting subscription pricing in half will help drive subscriber numbers towards their goal of a million people.

Published 2 weeks ago, by

Johnny Cullen

Tencent gains majority control over the consortium that oversees Supercell [Update]

The Finnish mobile developer is now effectively a subsidiary of the Chinese tech conglomerate.

Published 3 weeks ago, by

Sam Desatoff

Esports
News

German mobile dev secures $2M to create esports management games

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.

Published 1 month ago, by

Sarah LeBoeuf

Raph Koster's Playable Worlds lands $2.7M to create a new kind of MMO

The award-winning designer behind Ultima Online and Star Wars Galaxies says it's time for his 'dream to be fulfilled.'

Published 1 month ago, by

James Brightman

Tencent continues western expansion by acquiring 29% of Norwegian dev Funcom

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.

Published 2 months ago, by

Sarah LeBoeuf

Nexon to fully acquire Embark Studios within five years

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%.

Published 3 months ago, by

Sam Desatoff

News

Unity Technologies wraps up funding round that brings company value to $6B

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.

Published 4 months ago, by

Sarah LeBoeuf