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  • TGE Index Investment Report - Q4 & Year-End 2020

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Theorycraft Games raises USD$37.5m (£26.9m); Motorsport Games to acquire Studio397; and chat platform Stream secures USD$38m (£27.3m). Theorycraft Games raises USD$37.5m (£26.9m) Seattle and Los Angeles-based studio Theorycraft [...]

  • 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 [...]

  • US Game Sales Up 35%; ValueAct Gains USD$1.1bn Stake in Nintendo

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ValueAct gains USD$1.1bn (£891m) stake in Nintendo; US game sales up 35%; and Boost VC closes USD$40m (£32m) fund. US game sales up 35% US consumer spend across [...]

  • 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 [...]

  • Google Opens Playa Vista Stadia Studio; Esports Players League Completes USD$1m (£767k) Seed Round

    TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Google opens Playa Vista Stadia studio; Esports Players League completes USD$1m seed round; and Phoenix Games acquires Studio Firefly. Google opens Playa Vista Stadia studio Google has opened [...]

  • 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 [...]