Lithuania’s CGTrader raises €2 million for its 3D marketplace

Lithuanian startup CGTrader, a 3D model marketplace, has secured a funding round of €2 million led by Karma Ventures with participation from Intel Capital and Practica Capital. The startup develops a marketplace for 3D models to reduce the cost of content creation, targeting professionals working in gaming, video production, VR/AR, and advertising. “By far, the […]

Sweden’s Stillfront acquires Goodgame Studios for €270 million

German game studio Goodgame Studios has been acquired by Sweden’s Stillfront for a €270 million. The deal is €39 million in cash and the remaining in shares. The owners of Altigi, the company behind Goodgame, will gain 36.5% in shares in publicly-listed Stillfront. This marks Stillfront’s third acquisition of the year. It bought OnlineFussballManager.de and […]

UK mobile gaming startup Mojiworks raises £2.1 million Series A round

Gaming startup Mojiworks has announced a funding round of £2.1 million led by Balderton Capital with participation from Lifeline Ventures and Sunstone Capital. The Surrey-based company, founded last year, develops games based on messaging platforms like Facebook Messenger and iMessage. The company’s two top games, MojiQuest and MojiBowling, have been downloaded 1.5 million times. It […]