Undisclosed amount targeted at establishing relationships with firms and platforms including Disney, Tizen and MoboJoy
Read More »Newly-formed VR Venture Capital Alliance to invest $10bn in VR/AR devs
Collaboration between 30 major players in space, including HTC and Unity, will accept pitches six times a year
Read More »Australian Greens party calls for Producer Tax Offset for devs as part of $158m games investment
Political party also proposes revival of short-lived Australian Interactive Games Fund and $5m funding for creative working spaces
Read More »Flaming Fowl cancels Fable card game Kickstarter after securing investment
Team formed by ex-Lionhead devs had raised £59,000 of £250,000 goal before attracting anonymous backer
Read More »Oculus: We will invest in VR devs for as long we need to
‘We want them to be able to take those risks now while the market is still new,’ explains Rift headset maker
Read More »Streaming tech firm Polystream raises $1.5m in seed funding
Funding led by London Venture Partners and Initial Capital
Read More »$6.3m investment brings Funcom ‘back on track’
Troubled MMO developer Funcom has been bailed out of negative equity by an injection of investment money. The LEGO Minifigures Online, Age of Conan and The Secret World creator had previously been sat at –$10m, which has now been reversed to +$4m thanks to $6.3m in private placement investment. The …
Read More »Conan Exiles creator Funcom ‘back on the right track’ after $6.3m investment
‘It is no secret that the company has had a strained financial situation in recent years,’ admits CEO Rui Casais. ‘This investment is a major turning point’
Read More »HTC launches $100m Vive X VR accelerator
Hubs in San Francisco, Beijing and Taipei to offer help from experts, investment, mentorship and other support services
Read More »BioWare and Remedy execs form new mobile studio
Armada Interactive has raised $3 million in investment from backers including Next Games and Initial Capital
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