TGE Index Investment Report - Q4 & Year-End 2020
In this exclusive interview, TheGamingEconomy speaks to Yuheng Chen, COO of rct studio, to discuss the development of their AI-driven solutions and first-party titles, following a successful Series A funding round of USD$10m (£8.1m) led by Makers Fund. How will the [...]
Grishin Robotics Raises USD$100m Fund; China iOS Games to Require Government Approval
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Grishin Robotics raises USD$100m (£80.1m) fund; China iOS games to require government approval; and FaZe Clan gains stake in CTRL. Grishin Robotics raises USD$100m (£80.1m) fund Silicon Valley [...]
Apple Faces European Antitrust Investigation; FirstMark Raises USD$650m Fund Duo
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Apple faces European antitrust investigation; FirstMark raises USD$650m (£515m) fund duo; and Eidos-Montréal to open Eidos-Sherbrooke. Apple faces European antitrust investigation Apple is facing a formal antitrust investigation [...]
Tencent Becomes Largest Shareholder in Marvelous; We Are Nations Launches Nations Ventures
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent becomes largest shareholder in Marvelous; We Are Nations launches Nations Ventures; and IGDA launches global indie collective. Tencent becomes largest shareholder in Marvelous Tencent Holdings Ltd. is [...]
Stillfront Group Acquires Candywriter; Transcend Fund Raises USD$50m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Stillfront Group acquires Candywriter; Transcend Fund raises USD$50m (£40m); and UK and German market revenue figures announced. Stillfront Group acquires Candywriter Stillfront Group AB has announced that it [...]
Lightspeed Raises USD$4.2bn Fund Trio; Esports Entertainment Group in USD$8.4m IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Lightspeed raises USD$4.2bn (£3.3bn) fund trio; Esports Entertainment Group in USD$8.4m (£6.7m) IPO; and SIE announces USD$10m (£7.9m) development fund. Lightspeed raises USD$4.2bn (£3.3bn) fund trio California-based VC [...]
Embracer Group Raises SEK1.65bn; N3TWORK Opens USD$50m Dev Growth Fund
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group raises SEK1.65bn (£133m); N3TWORK opens USD$50m (£40m) developer growth fund; and Quest Ventures raises USD$50m (£40m) VC fund. Embracer Group raises SEK1.65bn (£133m) Embracer Group AB [...]
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 [...]
Gaming Firms Allegedly Benefiting from Forced Labour; Sonatic Raises €2.3m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Gaming firms allegedly benefiting from forced labour; Sonatic raises €2.3m (£2.0m); Curve Digital partners with H2 Interactive; and Zordix acquires Invictus Games. Gaming firms allegedly benefiting from [...]
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