Oslo-based hybrid games platform PortalOne raises $15 million

PortalOne, the Oslo-based hybrid games platform, has raised $15 million in an oversubscribed seed round. The funding saw a bevvy of investors lining up to hand over capital including European VC firms Talis Capital, Seedcamp, and SNÖ Ventures, as well as U.S.-based funds including Peter Theil’s Founders Fund, TQ Ventures, Coatue Management, Signia Venture Partners, […]

Prague-based gaming supplement maker MADMONQ secures €500,000 in seed funding

Prague’s MADMONQ has secured €500,000 in seed financing from AdRock Ventures, poker player Bertrand Grospellier, Twitch streamer Lex Veldhuis, content creator Radek Starý, Lukáš Křítek, and entrepreneur Vojta Roček. The funding is slated to be used towards new product development, scaling the team, and paving the way for a Series A round, planned for late […]

Mobile advertising platform Vungle acquires Helsinki-based GameRefinery

Mobile advertising platform Vungle has recently announced the acquisition of GameRefinery. The primary target of the acquisition being GameRefinery’s Game Intelligence platform, a service which helps point developers to optimal user retention and monetisation through a series of insights. Previous GameRefinery clients include Zynga, King, Rovio, and Ubisoft, and the company has compiled contextual data […]

Hiro Capital tech.eu

Hiro Capital invests in three gaming studios: Snowprint Studios, Double Loop Games and Happy Volcano

Three international video game studios are the latest picks for Hiro Capital, a relatively new fund based in London and Luxembourg that focuses on video games, the metaverse, esports and digital fitness. The cheques totaled $15 million. The three mobile and cross-platform studios – Snowprint Studios in Stockholm/Berlin, Happy Volcano in Belgium and Double Loop […]

French startup Powder snaps up $14 million for game clip sharing

French startup Powder has closed $14 million in Series A funding to build “the ultimate companion app” for gaming, which lets players share short videos of the action. The round was led by Serena, including General Catalyst, Slow Ventures, Alven Capital, Bpifrance through its fund Digital Venture, Secocha Ventures, Turner Novak, and Kevin Hartz. Essentially […]