ALL THE LATEST NEWS ABOUT THE BUSINESS OF PC GAMES

Funding

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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

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

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