ALL THE LATEST NEWS ABOUT THE BUSINESS OF PC GAMES

Funding

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Spanish government approves a $22 million finance scheme for cultural industries News May 28th, 2020

Spanish government approves a $22 million finance scheme for cultural industries

Including the games sector

Italian government approves new $4.4 million funding scheme News May 27th, 2020

Italian government approves new $4.4 million funding scheme

Grants given are between $10,977 and $219,552

Gamestream raises $3.8 million for a B2B cloud games platform News May 26th, 2020

Gamestream raises $3.8 million for a B2B cloud games platform

Money will also be used to increase staff numbers

Report: Magic Leap raises $350m in funding News May 22nd, 2020

Report: Magic Leap raises $350m in funding

Follows layoffs the company announced exactly a month ago

Transcend Fund raises $50m for games companies News Apr 24th, 2020

Transcend Fund raises $50m for games companies

Firm wants to write cheques between $200,000 and $2m

Epic reportedly valued at more than $15bn in new funding round News Apr 22nd, 2020

Epic reportedly valued at more than $15bn in new funding round

According to new report that the firm is trying to raise between $500m and $1bn

Digi-Capital: $4.1bn was invested in AR and VR in 2019 News Mar 13th, 2020

Digi-Capital: $4.1bn was invested in AR and VR in 2019

Bulk of this was seed funding

$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

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