financial

MYTHICAL GAMES RAISES ADDITIONAL $19 MILLION BRINGING TOTAL FUNDING TO $35 MILLION

Mythical Games (http://mythical.games), a next generation game technology studio specializing in digital ecosystems around player-owned economies, today announced that the company has closed an additi...

Proletariat Inc. Completes $20 Million Series C Financing Round

Proletariat, Inc., an award-winning independent game developer with the mission to create games that change the way communities play together, today announced the completion of a $20 million Series C ...

CALL OF DUTY: MODERN WARFARE DELIVERS BLOCKBUSTER OPENING WEEKEND, OVER $600 MILLION SELL-THROUGH IN FIRST THREE DAYS

Activision’s Call of Duty®: Modern Warfare® had more than $600 million in sell-through worldwide in its first three days of release. The title has sold more units in its first three days than any othe...

Tencent to become largest shareholder in Funcom

Tencent, a leading Internet company with a strong online games operation, entered into a share purchase agreement to acquire 29% of the shares in Funcom, the independent developer and publisher of gam...

YUR Raises $1.1 Million and Launches its Beta on Oculus Quest and Mobile to Make Gamers Fit with VR

YUR “why you are” (https://yur.fit/), a leading virtual reality (“VR”) fitness company and community, announced today that it secured $1.1 million in pre-seed funding led by The Venture Reality Fund a...

Borderlands® 3 Redefines Mayhem; Establishes Franchise as Billion Dollar Global Brand

Today, 2K announced that Borderlands® 3, the latest entry to the renowned shooter-looter franchise, has unleashed further mayhem by achieving multiple record-setting milestones for both the series and...

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Blast Announces iOS Savings App Will Debut at TwitchCon

Blast will be at TwitchCon North America in San Diego on September 27-29, 2019, to show this gathering of streamers, gamers, and fans the fun and easy way to build a financial future in the background...

Axion Ventures Announces Corporate Update and Convertible Debenture Financing

Axion Ventures Inc. (“Axion Ventures” or the “Company”) (TSX VENTURE: AXV; OTCQX: AXNVF) is pleased to announce the following corporate update pertaining to its video game port...

Schell Games Awarded Nearly $1 Million to Bring History to Life in Classrooms

Leading virtual reality (VR) game developer Schell Games is proud to announce it has been awarded almost $1 million from the U.S. Depart­ment of Education to further develop its VR content creation to...

My.Games Revenue Grow 33.7% In Q2 2019

MY.GAMES has announced a second quarter revenue increase of 33.7% to RUB 7.5 billion ($116.9 million), with 69% of revenue coming from international markets. This revenue share from global markets is ...

MTG Announces USD 11 million in Investments in Gaming & Esports Startups in 1H 2019

Modern Times Group MTG AB, the Swedish operational investment company focusing on the most promising esports and gaming entertainment opportunities worldwide, today announced its latest VC Fund invest...

Carolina Games Summit Offers $72,000 in College Scholarships at East Coast Game Conference (ECGC) 2019

East Coast Game Conference (ECGC) — the largest gathering of video game professionals on the east coast — Barton College, and the Carolina Games Summit (CGS) have announced a partnership to bring $72,...

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