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Turnt Gaming Raises $4.3 million
Crypto Fighting Game Devs, Turnt Gaming, Receives $4.3M in Funding. Crypto and NFT gaming continue to grow parallel to traditional gaming with yet another project getting a solid investment. Turnt Gaming has raised $4.3 million for its new arcade fighting and skilled-based crypto game. The game will use blockchain technology and feature NFTs. It will…
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Sony Acquires Bungie
The Race between Arch Rivals Sony and Microsoft Continues as Sony Acquires Bungie. In response to its rival Microsoft’s massive deal of acquiring Activision, Sony has come up with its own acquisition in the gaming world. Yesterday, Sony announced that it plans to acquire Bungie, the maker of popular game Destiny2 for $3.6 billion. The…
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Embracer Group Acquires Perfect World
Embracer Group acquired in online video game publishing studio Perfect World Entertainment. Embracer Group AB, previously THQ Nordic AB, agrees with a 100% acquisition of Perfect World Entertainment. The company bought 100% shares of Perfect World North America Corporation, and Perfect World Publishing B.V. PWE is one of the most significant names in online video…
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Funding Rainmaker Games For Play To Earn
Rainmaker Games Raises $6.5 million for its P2E Project. There is no stopping the investors from pouring huge amounts of money into blockchain gaming. Rainmaker Games announced details about its recent successful funding round where it raised $6.5 million. The round was led by the likes of Polygon Studios, CoinFund, and Animoca Brands. Some more…
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In-game Land Sale Feature Bright Star Leads To Funding
Bright Star Studios lands Investment Deal after rolling out in-game Land Sale Feature. Bright Star studios fly high with new investment deals. The video games studio is famous for its play to earn MMORPG game Ember Sword. The investment deal was supervised and led by Bitkraft Ventures in what allows more leverage to the game…
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Harmonix, Developer Of Rock Band, Joins Epic Games
Epic Games acquires musical game developer Harmonix and its game Rock Band. Epic Games continues expansion for its future projects related to metaverse as well as Fortnite. Harmonix announced the news on its blog post and termed the day of joining the Epic Games family as ‘monumental’. The music game genre is a popular one…
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Blockchain-based video gaming platform Forte Raises Funding $725M
Blockchain video games platform Forte receives funding of a whooping $725M. Forte, a blockchain-based game platform for game developers, has raised $725 million in funding. With the increasing popularity and demand of blockchain-based games, Forte is now in a better position to enable game companies to make blockchain games. The platform will make the games…
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Admix Raises $25 Million in Series B Funding
Admix CEO Samuel Huber said, “We see the internet entering a new stage: Web 3.0\”. Admix, the London-based game monetization, and ad firm announced that it raised 25 million dollars in a Series B funding round. The investment will help Admix to progress and make heads into America and APAC. Moreover, the raised amount is…
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FaZe Clan Files IPO For $1 Billion
FaZe Clan Going Public with a $1 Billion SPAC Deal. FaZe Clan, massively popular among youth, especially gamers join hands with a special purpose acquisition company to file IPO with an estimated value of $1 billion. FaZe Clan is popular among millennials and Gen Z and is a leading online gaming company. The company is…
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Sony PlayStation Gaming Reports Record Quarter 13.4 mio PS5\’s Sold
Sony Playstation gaming has reported another record quarter in terms of revenue. The PlayStation business continues its run as the corporation’s most fruitful division. Sony reported that its games and network division generated $5.86B in revenue and $0.751B in profit between July and Sept 2021. As shown in the data below collated by Resetera, this represents PlayStation’s strongest…
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