Tag Archives: investment

Industry body wants British game start-ups to get funds for original IP creation

Peggle company previously 'resisted' taking outside capital

Casual game outfit Zattikka has won a ringing vote of confidence from two prominent entrepreneurs who helped established some of biggest names on the net. Atomico Ventures is founded by Niklas Zennstrm and Janus Friis; two net veterans who established the likes of Skype, Joost, Joltid and Kazaa. Next in …

Pioneering streaming games service OnLive has won the affections of a number of high-profile backers as the service gears up for what it is now calling a ‘winter’ launch. Amongst the names pumping cash into the fledgling service are the likes of North American telecoms provider AT&T and multimedia giant …

Artificial Technology secures second round of funding ahead of new engine reveal at GamesCom

Tiga CEO Richard Wilson has told Develop that Westminster is once again taking narrow-minded” measures, following reports of new funding initiatives for the creative industries. According to trade publication Music Week*, the Department for Work and Pensions will soon be using over half of its 50 million war chest to …

Music sector to get over half of the £50m funds earmarked for the creative industries, no plans yet set for the games business

Tigaâ??s Wilson says the govt is â??waking upâ?? as Brown proposes a new bank to finance to risky start-ups in the tech sector

Upcoming gathering to focus on casual gaming, MMOs and virtual worlds in London this December

Warner Bros has signed a deal with the Abu Dhabi Media Company and a property developer Aldar to develop various media ventures, including videogames, in the United Arab Emirates region. According to Gamasutra Warner Bros is investing $500 million in the project. The first games to be released will be …