All publications by tag «investment»

Investments and transactions

Pragma has raised $12 million to develop a BaaS service for game developers

Pragma is a new BaaS platform for the development and support of game services. The startup raised an additional $12 million for its development. The founders of Pragma intend to create a universal solution that would help studios to operate complex cross-platform projects and not spend extra money on creating their own services.To date, the total amount of investments attracted by Pragma has amounted to $16.2 million, according to the VentureBeat portal.
Investments and transactions

Epic Games has closed a $1 billion investment round. The company’s value exceeded $28 billion

Epic Games has attracted additional investments in the amount of $ 1 billion. This, among other things, made it possible to strengthen cooperation with Sony, which this time invested an additional $ 200 million in the company. Epic Games’ total valuation was $28.7 billion.Epic Games announced the closing of the investment round today on its official website.
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.
Investments and transactions

Artie startup raised $10 million to create instant games bypassing mobile storages

Artie continues to develop a platform for instant games with support for not only JavaScript and HTML5, but also Unity. The startup has raised $10 million from investors, including the founders of Zynga and Shutterstock. The developers also plan to release the SDK.Investors include Zynga founder Mark Pincus, Shutterstock founder Jon Oringer, YouTube co—founder Chad Hurley, and Thirty Five Ventures, co-founded by basketball player Kevin Durant.
Investments and transactions

The creators of the AI Dungeon text sandbox, in which AI generates plots, have raised $3.3 million

Latitude Studio has attracted $3.3 million in investments thanks to the success of its AI Dungeon text sandbox. All the plots in the game are generated by artificial intelligence, and its creator is confident that the development of this technology will help reduce the budgets of the development of AAA titles by hundreds of times.The main investor of Latitude was the venture fund NFX.