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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

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

Mystic Forge lands $2.2m investment
"This investment allows us to broaden our portfolio and secure additional titles"

Tencent now owns 15% of Remedy
The firm first snapped up 3.8 per cent of the control maker in 2021