MCV/DEVELOP News, events, research and jobs from the games industry
Eve Online firm believes "VR will revolutionise games and the wider technology industry"
Read More »Streaming firm Hitbox secures $4m in investment
The latest player in the streaming market has secured $4m in funding. Vienna-based Hitbox raised this in a new round of investment which will help it expand its North American operation and worldwide reach. This funding was led by Austrian venture capital firm SpeedInvest, with publisher Wargaming, North Base Media, …
Read More »Studio behind VR platformer Lucky’s Tale raises $25m in funding
Playful, the developer behind virtual reality title Lucky’s Tale, has been given a sizeable bump by its latest round of investment. The studio announced the 3D platforming game for the Oculus Rift VR headset last year, with the title differing from its VR peers by providing a more traditional overhead …
Read More »Pokémon Go dev Niantic secure $30m investment
Fresh funding comes from former parent Google, as well as Nintendo and The Pokémon Company
Read More »Nintendo, Pokemon Company and Google invest in Niantic Labs
Pokemon Go developer Niantic Labs has received investment from a trio of companies. Nintendo, The Pokemon Company and Google have between them ploughed $30m into the studio. The money will be put not only into Pokemon Go but also Niantic’s smartphone AR title Ingress, as well as in-development titles. The …
Read More »$4m investment for ex-Call of Duty devs’ VR studio
Reload Studios specialises in virtual reality, working on multiplayer FPS World War Toons
Read More »505 Games parent invests in Murasaki Baby studio Ovosonico
Digital Bros, the parent company of indie publisher 505 Games, has invested in Italian indie studio Ovosonico. The studio is best known for indie title Murasaki Baby, which launched last year for the PlayStation Vita. The deal is valued at €1.44m (1m), and will ‘fuel growth and innovation’. This follows …
Read More »GitHub valued at $2bn after $250m funding
Online collaboration platform planning international expansion and new products
Read More »Value of games industry investments drop 48 per cent during first half of 2015
If you’re looking to invest in games, now’s the time. That’s according to a new report from technology analyst Digi-Capital, which states that investments in the industry have almost halved in value (down by 48 per cent) during the first half of 2015 compared to 2014. This follows 2014’s own …
Read More »Riot investment in Curse worth $30m
The amount of money League of Legends firm Riot put behind games media giant Curse has been revealed to be a hefty $30m. That’s according to the Los Angeles Times, who reports that the exact amount was revealed in a Securities and Exchange Commission filing on Tuesday. This follows the …
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