M2 Week in Review - March 11, 2022
This week we had a number of interesting acquisitions, investments and expanded funds that include:
- Streaming platform Loco raising $42 million
- Niantic aquired 8th Wall for webAR development
- VFX company disguise acquired Polygon Labs for broadcasting live events
- The Maker Fund increased their fund by $500 million to invest in new innovations
- Griffin Gaming Partners added and additional $750 million to their fund for investing in new game development
Indian esports and game streaming platform Loco raises $42 million
Ikumi Nakamura launches new game studio Unseen
Indian game streaming platform Loco raises $42m
Lightforge Games raises $15M for new RPG made on Unreal Engine 5
Makers Fund creates $500M fund for innovation in video games
Postcard Game Studio Secures $3.5 Million Seed Investment from Smilegate
Scopely invests $20M in casual game maker Burlingame Studios
Tapjoy says 50% of mobile gamers prefer free ad-based games
Tether Games’ skill-based titles hit $250M in lifetime revenue
Trio of Activision Blizzard shareholders reportedly under investigation
Gabe Newell Blasts Metaverse ‘Get Rich Quick Schemes’
Reimagining customer experience in the metaverse
Scuti partners with Atom Universe to take brands into the metaverse
Soundcloud veteran founds €25m European metaverse VC fund
The metaverse lets us explore human imagination, says The Sandbox founder
AI Firm Perfect Corp. Lets Consumers ‘Try On’ NFTs
Huawei takes leap into future with Hungarian supply center
Kognitiv Spark secures CDN $3.2M financing led by Foresight Williams Technology Fund
Lazada launches new augmented reality virtual try-on for beauty lovers
Magic Leap shows off its next-generation enterprise AR glasses — hands-on preview
MediView XR Secures $9.9M for Augmented Reality Surgical Navigation Platform
Niantic acquires WebAR dev platform 8th Wall
Nintendo’s augmented reality Mario Kart Home Circuit sets now $60 ahead of MAR10 (Reg. $100)
INVESTMENT INDEX FOR THE WEEK OF: Mar 11, 2022
Total Investment and Acquistions for the week of March 11, 2022 = $623.9 million
