TGE Index Investment Report - Q4 & Year-End 2020
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: SEA Telcos to launch gaming joint venture; Horizon raises USD$5m (£3.8m); and Nvidia acquires SwiftStack. SEA Telcos to launch gaming joint venture Singapore Telecommunications (Singtel), its Thai affiliate [...]
SEA Telcos to Launch Gaming Joint Venture; Horizon Raises USD$5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: SEA Telcos to launch gaming joint venture; Horizon raises USD$5m (£3.8m); and Nvidia acquires SwiftStack. SEA Telcos to launch gaming joint venture Singapore Telecommunications (Singtel), its Thai affiliate [...]
Kleiner Perkins Closes USD$700m Fund; Veritas Raises USD$10m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Kleiner Perkins closes USD$700m (£542m) fund; Veritas raises USD$10m (£7.7m); and Improbable operating losses hit £63.7m. Kleiner Perkins closes USD$700m (£542m) fund Silicon Valley venture capital firm Kleiner [...]
Gismart Named 6th-Fastest Growing Company in Europe; GameOn Technology Raises USD$10.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Gismart sixth-fastest growing company in Europe; GameOn Technology raises USD$10.5m (£8.20m); Zynga facing class-action lawsuit; and Sensel raises USD$28m (£22m). Gismart named sixth-fastest growing company in Europe London-based [...]
GDC Postponed; Better Collective Acquires HLTV.org ApS
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: GDC postponed; Better Collective acquires HLTV.org APS; Platinum Games clarifies The Wonderful 101 Kickstarter; and End Game Interactive raises USD$3m (£2.3m). GDC postponed Following a spate of exhibitor [...]
Roblox Raises USD$150m, App Samurai Closes USD$2.4m Funding Round
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox raises USD$150m (£116m), App Samurai closes USD$2.4m (£1.8m) funding round; USD$1.8m (£1.4m) investment in casual mobile studio FunCraft; and Valve soliciting proposals for The International [...]
Global Esports Revenue to Hit USD$1.1bn; Facebook Acquires Sanzaru Games
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Global esports revenue to hit USD$1.1bn (£848m); Facebook acquires Sanzaru Games; and PlatinumGames establishes new studio. Global esports revenue to hit USD$1.1bn (£848m) The esports economy is predicted [...]
Embracer Group Acquires Saber Interactive; Paradox Interactive Revenue Up 14%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group acquires Saber Interactive; Paradox Interactive revenue up 13%; and ESL and Dreamhack sign revenue-sharing agreement with 13 leading teams. Embracer Group acquires Saber Interactive Embracer Group [...]
Tim Sweeney Warns Against "Customer Adversarial" Models; Double Loop Games Raises USD$2.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tim Sweeney warns against "customer adversarial" practices, Double Loop Games raises USD$2.5m (£1.9m), and Bit Fry Game Studios raises USD$3.5m (£2.7m). Tim Sweeney warns against "customer adversarial" [...]
Follow TheGamingEconomy