ALL THE LATEST NEWS ABOUT THE BUSINESS OF PC GAMES

Funding

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$55m German games dev fund notified by the European Commission News Mar 4th, 2020

$55m German games dev fund notified by the European Commission

It's expected to begin in Spring

VC Jon Goldman joins Flavourworks Series A News Mar 4th, 2020

VC Jon Goldman joins Flavourworks Series A

Brings funding total up to $3.8m

Star Citizen broke its funding record with $47.7m raised in 2019 News Feb 12th, 2020

Star Citizen broke its funding record with $47.7m raised in 2019

Title has raised more than $251m to date

Hamburg is investing $2.2m in local games industry until 2023 News Jan 10th, 2020

Hamburg is investing $2.2m in local games industry until 2023

"Hamburg is one of the largest locations for the development and marketing of computer games in Germany"

XR Games lands $1.9 million investment News Dec 6th, 2019

XR Games lands $1.9 million investment

The studio is best known for working with Sony and Rovio

Pathfinder: Kingmaker dev Owlcat goes independent with new funding round News Dec 4th, 2019

Pathfinder: Kingmaker dev Owlcat goes independent with new funding round

Studio has brought in more than $1m in investment

Star Citizen has raised $251m in funding News Dec 2nd, 2019

Star Citizen has raised $251m in funding

Title has raised $50m since last November

Ganymede Games brings in $550k in angel investment News Nov 20th, 2019

Ganymede Games brings in $550k in angel investment

On top of $350k from local and state funding

FanAI secures $8 million in series A funding News Nov 15th, 2019

FanAI secures $8 million in series A funding

Overall the firm has raised $12.5 million

Summerfall Studios hits its fundraising target for its first title Chorus News Nov 7th, 2019

Summerfall Studios hits its fundraising target for its first title Chorus

Chorus is expected to release in 2021

News Oct 31st, 2019

New Zealand's government invests $6.4 million in local games industry

Dunedin is the country's new Centre for Digital Excellence

Crytek vets launch GameGroove accelerator fund with $6m to spend a year News Oct 23rd, 2019

Crytek vets launch GameGroove accelerator fund with $6m to spend a year

Looking to invest in 20 projects during that time frame

VC firm London Venture Partners unveils new $80m fund for games startups News Sep 26th, 2019

VC firm London Venture Partners unveils new $80m fund for games startups

“Our Fund III will allow us to continue to bring our deep backgrounds as game entrepreneurs and executives with large scale product and operational expertise to identify and help founders and teams with great potential.”

Improbable pulled funding for Mavericks ahead of developer Automaton going into administration News Sep 25th, 2019

Improbable pulled funding for Mavericks ahead of developer Automaton going into administration

"Improbable was unwilling to inject any further funds into the business in order to continue development of the Mavericks game, and as a result, the company was facing immediate cash flow issues."

Play Ventures closes $40 million in funding to back games start-ups News Aug 22nd, 2019

Play Ventures closes $40 million in funding to back games start-ups

$10m more than the planned $30 million raise

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