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Gardens raises $35m+ Series B led by Lightspeed for a social role-playing game from the makers of Journey and Sky
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Gardens raises $35m+ Series B led by Lightspeed for a social role-playing game from the makers of Journey and Sky
US-based social role-playing game developer Gardens Interactive has raised more than $35m in a Series B round led by Lightspeed Venture Partners, with further closes expected before the end of October. This funding round brought Gardens’ total funds raised to $70.8m, according to InvestGame ...
Photon maker Exit Games buys back Skillz’s 2021 stake for $55m
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Photon maker Exit Games buys back Skillz’s 2021 stake for $55m
Germany-based game tech company Exit Games, the developer of the Photon multiplayer engine, has bought back the ~10.5% stake held by Firy (NYSE: FIRY), formerly Skillz, for $55m in cash. The sale closed on Oct 2, 2026. Skillz invested $50m in Jul’21 to use Photon in its mobile tournaments. With the ...
General Intuition raises $220m at $6.2B as game clips become training data for world-model AI
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General Intuition raises $220m at $6.2B as game clips become training data for world-model AI
US-based frontier AI lab General Intuition has raised $220m at a $6.2B valuation, backed by Valor Equity Partners, Atreides, Seven Seven Six, Point72, Khosla Ventures, and General Catalyst. The valuation nearly tripled from $2.3B at its June announcement (Series A, $320m round). With the $133.7m Seed of ...
Kakao Games acquires ~40% of social casino developer ME2ON at 3.2x the market price
M&A
Kakao Games acquires ~40% of social casino developer ME2ON at 3.2x the market price
South Korea-based mobile games developer and publisher Kakao Games (KOSDAQ: 293490) is acquiring 39.56% of South Korea-based social casino and casual games developer ME2ON (KOSDAQ: 201490) for $72.1m (KRW 98.0B) through two transactions its board approved on Sep 15. It is buying 7,011,390 existing ...
Devolver Digital leaves AIM at £0.16 a share, five years after a £1.57 IPO, at ~0.6x revenue
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Devolver Digital leaves AIM at £0.16 a share, five years after a £1.57 IPO, at ~0.6x revenue
US-based indie games publisher Devolver Digital (AIM: DEVO) is leaving the London stock market. Shareholders voted 90% in favor of canceling the AIM listing from Sep 16, 2026. Alongside the vote, Devolver bought back 4.71% of its shares for $5.0m (GBP 3.7m). The founders, CEO Harry Miller, COO Graeme ...
Matrix Partners China has led a ~$446m Series B and B+ into VAST, maker of Tripo AI, in its fourth round of 2026
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Matrix Partners China has led a ~$446m Series B and B+ into VAST, maker of Tripo AI, in its fourth round of 2026
China-based generative 3D AI company VAST, developer of the 3D asset generator Tripo AI, has raised ~$446m (~RMB 3B) in a Series B and Series B+ round led by Matrix Partners China, announced on Sep 1, 2026. The strategic investors are games publishers Perfect World (SZSE: 002624), 37 Interactive ...
Tencent has led an $18m Series B into W4 Games, founded by the creators of the open-source Godot Engine
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Tencent has led an $18m Series B into W4 Games, founded by the creators of the open-source Godot Engine
Ireland-based game engine developer W4 Games has raised $18.0m in a Series B led by Tencent (SEHK: 700), with existing backers OSS Capital, Lux Capital, Naval Ravikant and Tobias Lütke’s family office. Announced on Aug 25, 2026, it includes a multi-year strategic partnership with Tencent to scale W4’s ...
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Gardens raises $35m+ Series B led by Lig...
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Photon maker Exit Games buys back Skillz...
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