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Qloud Games Secures $5 Million in Seed Funding
Australian game development studio Qloud Games has successfully raised $5 million in its latest seed funding round, led by prominent investors Bitkraft Ventures and GFR Fund. The funds will be utilized to drive the development of the studio's forthcoming MMO title, Loftia. Notable investors, including Andreessen Horowitz and 1Up Fund, also participated in the funding round, demonstrating signific…
Aug. 14, 2025, 7:25 a.m.
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4J Studios Expands with New Office in Edinburgh, UK, Building on Momentum
The renowned developer of Minecraft's console version, 4J Studios, has inaugurated a new office in Edinburgh, Scotland, as part of its strategic expansion. According to The Scotsman, the Dundee-founded company, established in 2005 by Chris van der Kuyl and Paddy Burns, aims to tap into Edinburgh's thriving gaming sector by recruiting local talent. With approximately 50 employees, 4J Studios is cu…
Aug. 13, 2025, 8:27 p.m.
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Steel City Interactive Expands with New Studio in Leamington Spa, UK
Steel City Interactive has established a new studio in Leamington Spa, UK, which will collaborate closely with its existing team in Sheffield, UK. Although the press release did not disclose whether the new studio will focus on existing or unannounced intellectual properties, Steel City is the independent developer behind the boxing game Undisputed, released in October 2024. The announcement of t…
Aug. 13, 2025, 8:13 p.m.
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PUBG to Discontinue Support for Older Consoles Starting November
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Aug. 13, 2025, 8:02 p.m.
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Generation Media Expands Capabilities with Acquisition of Portal Studio
In a strategic move, Generation Media has taken over Portal Studio, a renowned creative agency. Portal Studio boasts expertise in crafting compelling brand narratives, designing engaging digital content, and delivering innovative design solutions. Meanwhile, Generation Media, an independent media specialist, devises effective communication strategies for various sectors, including the video game…
Aug. 13, 2025, 7:42 p.m.
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Starbreeze Names Former EA Executive Jonas Skantz as General Manager of Payday
Starbreeze has recently appointed Jonas Skantz to oversee its Payday franchise as general manager. Skantz, who has newly joined the company, will be tasked with shaping the franchise's overall creative and business strategy. His responsibilities include devising long-term creative plans, facilitating collaboration between development and publishing teams, and ensuring the continued delivery of to…
Aug. 13, 2025, 7:16 p.m.
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Appcharge Secures $58 Million in Series B Funding Round
Appcharge, a pioneering payment platform designed for mobile game publishers, has successfully raised $58 million in its Series B funding round, as announced on August 13, 2025. This round was spearheaded by IVP, with notable participation from Playrix and existing investors, including Creandum, Play Ventures, Glilot Capital Partners, Smilegate Investment, Moneta VC, Bitkraft Ventures, and Corund…
Aug. 13, 2025, 1:35 p.m.
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Square Enix Sees 15.2% Decline in Q1 Net Sales Due to Underperforming New Titles
Square Enix has unveiled its financial results for the quarter ending June 30, 2025, revealing decreased net sales and profit compared to the same period in the previous year. The decline in revenue was largely attributed to the Digital Entertainment segment, which includes the company's video game business, with new titles failing to generate substantial sales. Key highlights from the report inc…
Aug. 13, 2025, 9:52 a.m.
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Sidekick Publishing Emerges as Instinct3's New Full-Service Publishing Arm
Instinct3, a Berlin-based creative agency, has unveiled Sidekick Publishing, a comprehensive publishing house catering to independent and AA game studios. Led by Instinct3's CEO, Jasmin Oestreicher, and publishing product lead, Melvin Frank, Sidekick Publishing seeks to bridge a gap in the competitive publishing sector by harnessing Instinct3's expertise in community engagement, creator-driven ma…
Aug. 13, 2025, 9:03 a.m.
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Gamescom 2025 Sets New Benchmark with Over 1,500 Exhibitors
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Aug. 13, 2025, 7:22 a.m.