ALL THE LATEST NEWS ABOUT THE BUSINESS OF PC GAMES

Investment

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Moonrise is a new early stage fund from Glitch CEO Karr News Jan 14th, 2021

Moonrise is a new early stage fund from Glitch CEO Karr

Organisation to provide support for projects with unique gameplay

Roblox valued at $29.5bn, going public via direct listing News Jan 7th, 2021

Roblox valued at $29.5bn, going public via direct listing

Company closes $520 million funding round

Nordisk Games now owns 40% of MercurySteam News Dec 22nd, 2020

Nordisk Games now owns 40% of MercurySteam

This is the firm's first investment outside of the Nordic region

Discord valuation has doubled to $7bn News Dec 18th, 2020

Discord valuation has doubled to $7bn

Firm raising $140 million in new funding round

Streaming tech firm Parsec lands $25m Series B funding News Dec 17th, 2020

Streaming tech firm Parsec lands $25m Series B funding

Follows $7m investment it landed in May

Cross-platform mod service Mod.io raises $4m News Dec 4th, 2020

Cross-platform mod service Mod.io raises $4m

Firm plans to use this to improve its platform

Tencent invests in GTFO maker 10 Chambers News Oct 1st, 2020

Tencent invests in GTFO maker 10 Chambers

Chinese firm acquires a "major stake" in the studio

Bayes raises $6m to provide esports data News Sep 17th, 2020

Bayes raises $6m to provide esports data

"This provides a great starting point for the creation of new services and products leading to greater entertainment offerings for the esports fans and community"

PUBG Corp invests $10m in VC firm 1Up News Aug 14th, 2020

PUBG Corp invests $10m in VC firm 1Up

Set up by former Microsoft exec Ed Fries

TIGA responds to House of Lords inquiry into employment and Covid-19 News Aug 7th, 2020

TIGA responds to House of Lords inquiry into employment and Covid-19

Trade association outlines four measures to help the industry

Epic lands $250m investment from PlayStation maker Sony News Jul 10th, 2020

Epic lands $250m investment from PlayStation maker Sony

"Together we strive to build an even more open and accessible digital ecosystem for all consumers and content creators alike"

11 Bit invests $21m in seven new games News Jul 8th, 2020

11 Bit invests $21m in seven new games

Firm is putting $15.1m behind its first-party line-up

Discord raises $100m to expand beyond games News Jul 1st, 2020

Discord raises $100m to expand beyond games

The latest change in direction for the communications platform

Report: Epic Games valued at $17bn in new funding round News Jun 16th, 2020

Report: Epic Games valued at $17bn in new funding round

Firm raising $750m

Riot to put $10m behind minority-led studios News Jun 9th, 2020

Riot to put $10m behind minority-led studios

Firm also puts $1m behind social justice causes

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