The gaming industry is investing in its own adtech, while agencies, VCs and even professional sports teams jump on board. Anzu.io, an Israeli in-game advertising platform, has received $9 million in new funding to fuel expansion in North America and Asia. The gaming industry is now larger than the music and film industries combined and […]
London-based edtech gaming studio Kuato has raised £4.5 million in a round led by Horizons Ventures, a fund based in Hong Kong. The investment will likely go to supporting the launch of its first virtual reality title, Panic Room, and developing the patented technology that makes the game the first of its kind. Founded in […]
Lithuanian gaming marketplace Eneba has raised $8 million from Practica Capital and InReach Ventures, with support from FJ Labs and angel investors such as the COO of the country’s first unicorn, Mantas Mikuckas of Vinted. The marketplace localises the shopping experience and offers discovery tools for locally trending games. Notably, the Baltic company is the […]
Northzone has sold 12 million of its shares – or half of its ownership – in Kahoot, the Norwegian game-based learning platform, to SoftBank at a price of 79 Norwegian Krone apiece, netting the investment firm roughly €90 million at the current exchange rate. The deal gives SoftBank a total of 60 million shares, or […]
Stillfront, the Sweden-based company behind 16 game studios located around the globe, has secured a revolving credit facility of approx. €365 million to finance its growth. The company says the fresh credit facility, with maturity in December 2023, gives it “cost-effective financing, an increased financial flexibility, and a prolonged time to maturity”. The move supports […]
Swedish holding company MTG has announced the acquisition of Hutch Games, a British developer and publisher of mobile racing games, for about $375 million total, further diversifying its portfolio of specialist gaming and esports companies. The deal includes an up-front consideration of $275 million (on a cash and debt free basis) and earn-out payments of […]
Welcome to an interview special episode of our podcast: a format, in which we put together a few pre-recorded conversations with some of the most interesting people of the European startup ecosystem.