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Money

Overwolf has raised $52.5 million to develop a platform for creating and installing mods

Overwolf startup continues to develop its platform, which allows you to create and install mods and applications for games. Together with the launch of the new SDK, the company announced the attraction of investments in the amount of $52.5 million. She hopes to become a YouTube for modders.According to GamesBeat, the main investors in Round C were Griffin Gaming Partners and Insight Partners.
Industry

In Russia, they plan to create an online content fund – game developers can also receive subsidies

The authorities are discussing the creation of a special fund to support Russian online content. It will work by analogy with the Cinema Fund. At the same time, not only TV series creators, but also video game developers will be able to count on subsidies.The plans to create a Fund for Russian online content were reported by RBC with reference to sources familiar with the situation.
Industry

“The market is not something poured into concrete,” Nikita Guk on the launch of Hoopsly, a new hyper-casual company

At the end of last year, a new publisher of hyper—casual games appeared – Hoopsly. It was founded by Sergey Drozhzhin, CEO 3D.RU , and Nikita Guk, previously responsible for the development of the Playgendary and Pixonic brands. The company has already managed to get a “residence permit” in Dubai and attract $ 5 million. We talked with Nikita about the history of Hoopsly and the features of the hyper-casual market.