Investment News — digest for February 24 - March 1
The material was prepared specifically for App2Top.ru Sergey Evdokimov, Investment Manager Mail.Ru Games Ventures and the author of the telegram channel Gaming – M&As and Investments.
Sergey Evdokimov1. Nicecactus bought Glory4Games
A platform for training gaming skills
Nicecactus acquired 100% of Glory4Games. It is a French organizer of online esports competitions, one of the three largest in Europe (holds 2,000 events per month). The deal took place after Nicecactus itself raised €5 million at the end of 2019. How much the platform paid for Glory4Games is not reported.
2. ESEN eSports has shown interest in Battleriff
3. End Game Interactive has raised $3 million, among the investors are Supercell and the founder of Unity
Web development is still in the price.
End Game Interactive Studio successfully conducted the seed round. The company that became famous for web versions Zombs.io , Spinz.io , and Zoms Royale (the total number of players is 160 million, and DAU is 1 million), raised $3 million. The lead investor in the deal was the profile fund Makers Fund, Supercell, the founders of Unity and Twitch also participated in the deal and other angels.
4. The developer of the game Trolls Pop went under the hammer in the portfolio of Huuuge Games
The story of Berlin-based mobile game developer TreasureHunt has ended.
Declared bankrupt in early February 2020, the company joined the family of Huuuge Games, a publisher and developer of mobile slots (and more recently casual titles). Employees of TreasureHunt will be transferred to the Berlin division of Huuuge Games. Prior to bankruptcy, TreasureHunt raised $8.4 million to develop the failed Boomie Blast and Trolls Pop.
5. Roblox raised $150 million, based on an estimate of the entire company at $4 billion
Online gaming platform Roblox has raised $150 million during the eighth round of post-money financing estimated at $4 billion.
The lead investor in the transaction was the Andreessen Horowitz profile venture fund, Tencent strategic investor and other venture funds also participated in the round. In total, since its foundation, Roblox has raised $335.8 million. Roblox will also announce a tender for the sale of ordinary and preferred shares for $350 million in order to implement an exit for early-stage investors and payments on options for employees.
6. Without announced projects, FunCraft raised $1.8 million
The American developer of casual mobile games FunCraft, founded by veterans from Electronic Arts and Zynga, “raised” $ 1.8 million during the seed round.
The lead investor in the transaction was the profile fund Play Ventures. The studio, judging by the official website, is preparing another “caramel” match3, but it has not had any official announcements yet.
7. Facebook’s New VR Deal Facebook has acquired 100% of the American developer Sanzaru Games, known for gaming projects for Oculus Rift virtual reality helmets.
The studio is experienced, it has managed to be noted not only by VR projects. Her portfolio also includes games for consoles. The transaction amount is unknown. For Facebook, this is the second VR gaming purchase in six months. In November, the social network acquired Beat Games.
