$1B+ in game funding & AI bets this week:

- Qwacks raises $480k for gametech + live ops tools in Saudi
- Hypemasters gets $1M (Impact46, GEM)...

Full breakdown → https://businessofgames.icartic.com/p/1b-in-tools-ai-and-leadership-shifts

#GameFunding #GameIndustry #GameInvestments #MobileGaming #gamedev

This week in games deals & strategy:

- Arc Games management buyout from Embracer
- Netflix Warner Bros Discovery $82.7B acquisition......

Full breakdown → https://businessofgames.icartic.com/p/gaming-industry-valuations-and-deals-4b4

#GameFunding #GameIndustry #GameInvestments #MobileGaming #gamedev

$1.3B+ in game capital moves last week.

- Seed rounds for SuperGears, XOCIETY, Fifth Door, Fateless, Gear Games & Remix
- Ubisoft x Tencent’s $1.3B Vantage bet

Full breakdown → https://businessofgames.icartic.com/p/gaming-industry-valuations-and-deals

#GameFunding #GameIndustry #GameInvestments #MobileGaming #gamedev

$500M+ in gaming deals this week:

– PlaySimple $450M IPO plan
– NEXPACE launches $50M fund
– Stan raises new Series A (Sony)
– more....

Full breakdown → https://businessofgames.icartic.com/p/500m-in-ipo-plans-funds-and-major

#GameFunding #GameIndustry #GameInvestments #MobileGaming

🥴 Oh no, gamers! Counter-Strike's digital dress-up party lost $2 billion in pretend money, and now your fancy imaginary guns are worth less than Monopoly money. 🤑 Meanwhile, the internet continues to care way too much about virtual fashion in a game from 1999. 🙄
https://www.polygon.com/counter-strike-cs-player-economy-multi-billion-dollar-freefall/ #CounterStrike #VirtualFashion #GamingNews #DigitalEconomy #GameInvestments #HackerNews #ngated
Counter-Strike cosmetics economy loses nearly $2 billion in value overnight

Valve's most recent update to Counter-Strike pushed its cosmetics economy in freefall, with billions evaporating overnight.

Polygon.com