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Moon Beast Productions lands $4.5m in seed funding
The venture is working on an action RPG "that challenges conventional design paradigms"

Smilegate invests in Absurd Ventures
"We both want to build interesting worlds and new player experiences"

Tencent snaps up majority stake in Kuro Games
The Chinese firm is now the only external shareholder in the studio

Saber Interactive pays off Embracer debt with private equity investment
Aleph Capital Partners and Crestview Partners have backed the Space Marine 2 maker

Report: Tencent and NetEase reconsidering Japanese bets
Firms have had had less return on investment than they had apparently hoped for

Remedy signs agreement with Annapurna for Control 2 funding
In addition, the company will be bringing Alan Wake and Control to TV and film

Tencent expands Venture Lab funding initiative
The outfit is looking to help developers with their first game

Report: Warner Bros considering selling games stake
Firm is hoping to reverse a 70 per cent decline in its stock since it merged with Discovery in 2022