Private equity firms Aleph Capital and Crestview Partners have made a “significant” investment in Saber Interactive. With the investment, Saber will use it to pay off its debt to former parent company Embracer. In March, it sold Saber and several other subsidiaries to Beacon Interactive in a 247 million dollars Deal. The just-concluded deal has … Read more
PlayStation maker Sony and other investors have invested $10 million in Double Jump Tokyo to fund the development of games based on blockchain technology. Double Jump Tokyo said the investment round was led by Japanese venture capital firm SBI Investment with backing from Sony Group Corporation, Taisu Ventures, Gate Ventures, TM Capital, Bing Ventures and … Read more
A16Z Games has opened submissions for the fourth iteration of its 'Speedrun' accelerator (SR004). The 12-week program offers tech and gaming startups the opportunity to secure $750,000 in investment and mentorship from industry leaders. Josh Lu, an investing partner at A16Z Games, said the accelerator aims to give entrepreneurs the tools to “start building their … Read more
Cypriot video game studio Eschatology Entertainment has raised $11.3 million in funding to develop an upcoming Souls-style shooter. The investment round was led by PUBG maker Krafton, which made headlines earlier this week after purchase Race for high fidelity Developer Tango Gameworks. The Korean company was joined by other investors, including GEM Capital and The … Read more