MCV/DEVELOP News, events, research and jobs from the games industry
20 studios will go without cash injection, including smaller teams
Read More »Spanish government turns away €2m EU games funding
Magic Leap raise more money with recent $502m investment round
The new Series D investment brings the total financing of the company up to $2bn with a product yet to launch
Read More »Automaton raises $10m for new SpatialOS-powered MMO tactical shooter
British studio Automaton Games has secured $10m of investment from Cambridge Venture Partners to create a brand-new massively multiplayer survival combat game using Improbable’s SpatialOS platform and CryEngine, Improbable has announced. The game is currently scheduled for release sometime in 2018, with the first playable content arriving in the spring. …
Read More »Bossa Studios raises $10m in series A funding
The London-based BAFTA Award-winning Bossa Studios has raised $10m in Series A investment funding, the company has today announced. The round was led by Atomico, with participation from existing investors London Venture Partners. Atomico co-founder and partner Mattias Ljungman and executive-in-residence Alexis Bonte will also join Bossa’s board as part …
Read More »Fast Travel Games raises $2.1 million in funding
Series A funding round raises cash for the the new VR studio from ex-Rovio, EA and DICE devs
Read More »Fast Travel Games raises $2.1m in Series A funding for new VR title
Fast Travel Games, the VR studio founded by ex-EA, Rovio and DICE employees, has announced it’s raised a $2.1m series A funding rounded. The funding was led by leading Nordic venture capital firm Industrifonden, with participation from Creades, Inbox Capital and existing investor Sunstone Capital. This brings the company’s total …
Read More »Kongregate reveals new $10m publishing fund for indie PC and console games
Game publisher Kongregate has announced a new $10m initiative to help fund promising indie titles on PC and console. The move continues Kongregate’s expansion into cross-platform publishing and will include both paid and free-to-play titles. The fund will provide independent developers with customised marketing, financial assistance and production support, as …
Read More »Discord chat app reportedly raises $50m investment
TechCrunch reports the start-up gained investment in January
Read More »Series A funding of $6 million for Wavedash Games
Oakland based studio to develop platform fighting game
Read More »ESL founder Hilgers leads new esports specific fund, BITKRAFT
ESL founder Jens Hilgers has put together a team of high profile figures and investment groups from sports, entertainment and gaming to create a multi-million esports investment fund. The fund, called BITKRAFT Esports Ventures fund, has backers from several top-level esports organisations, including Super Evil Megacorp CEO Kristian Segerstrale, the …
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