MCV/DEVELOP News, events, research and jobs from the games industry
Israel-based dev secures investment from London Venture Partners and Gigi Levy-Weiss
Read More »Games Co London secures £600,000 investment for developers
Funding from Goldfinch Entertainment will be used to launch three new IP
Read More »Sumo Digital announces new investor
Sumo Digital has announced changes among its investors, with Perwyn LLP now on board supporting the studio. Perwyn has acquired its share from previous investor NorthEdge Capital, which backed Sumo’s management buyout in December 2014. With [these] major projects… under way, it’s an exciting time for Sumo,” said CEO Carl …
Read More »Ex-Bungie devs’ studio Polyarc Games raises $3.5m
Tam Armstrong, Danny Bulla and Chris Alderson worked on Destiny, with former pair consulting for Oculus, before founding virtual reality outlet
Read More »Team17 secures £16.5m investment, acquires Mouldy Toof
UK games label plans to ramp up global plans after investment from Lloyds Development Capital
Read More »Team17 scores £16.5m investment deal
Private equity firm Lloyds Development Capital has invested 16.5m in Team17. The UK label has already spent some of the finance by acquiring The Escapists franchise and its developer Mouldy Toof Studios. The Escapists (and a Walking Dead-based spin-off) was released last year with the help of Team17, shifting 1.8m …
Read More »Firefly Games raises $10m to make mobile movie spin-offs
Developer-publisher also looking to expand into virtual reality and eSports
Read More »Bossa’s Worlds Adrift backed by $1.35m investment
UK firm London Venture Partners, which previously supported Supercell and Playfish, adds funding to ambitious MMO
Read More »HTC: ‘Triple-A publishers risk creating massive rivals by not investing in VR’
The content boss for the Vive VR headset has delivered a warning to major games publishers that are reluctant to invest in virtual reality. Joel Breton told MCV that these businesses risk enabling ‘massive new competitors’ by not getting in early on virtual reality – akin to what happened in …
Read More »Job Simulator studio Owlchemy secures $5 million investment
VR-focused dev backed by companies including HTC and The VR Fund, and will use funding to grow, create original IP and build virtual reality technology
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