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SG-based gaming-focused Play Ventures raises $135m for second fund

SG-based gaming-focused Play Ventures raises $135m for second fund Photo: Seam Do/Unsplash April 7, 2021 Singapore’s gaming-focused venture capital firm Play Ventures has raised $135 million for its second fund to invest in global game makers and entrepreneurs, according to an announcement. With this, Play Ventures has $175 million in total assets under management across both funds. Its debut fund closed in 2019 at $40 million. Play Ventures’s debut fund was backed by several gaming industry heavyweights including Rovio, the maker of Angry Birds; Modern Times Group, an international esports and gaming entertainment company; and Anton Gauffin, CEO of social gaming giant Huuuge Games. Other LPs include VCs and family offices from Asia, the US and Europe.

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Bengtsson nominated to replace outgoing Lundberg at Raketech

Bengtsson nominated to replace outgoing Lundberg at Raketech
sbcnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sbcnews.co.uk Daily Mail and Mail on Sunday newspapers.

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Play Ventures raises $135m to invest in game studios

VC fund Play Ventures has announced it closed a $135 million funding round, which will go towards investment in game studios. This is the second round going towards the company s Play Ventures Fund, which has so far invested in 24 game companies in ten countries, the announcement said. Play Ventures also announced the first investment coming from the new round of funding, going towards Indian startup All Star Games. Games Beat reported last month that the studio had raised $1.5 million to develop sports games on mobile. This new funding round brings Play Ventures total to date to $175 million, having raised $40 million in August 2019.

Ventures fundTimes groupPlay venturesPlay ventures fundAll starGames beatPlay ventureModern times groupமுயற்சிகள் நிதிமுறை குழுவிளையாடு முயற்சிகள்விளையாடு முயற்சிகள் நிதிஅனைத்தும் நட்சத்திரம்விளையாட்டுகள் அடிவிளையாடு துணிகரநவீன முறை குழு

New Zealand game developer Ninja Kiwi sold offshore for $203 million

New Zealand game developer Ninja Kiwi sold offshore for $203 million
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

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Auckland mobile games developer Ninja Kiwi sells to Swedish firm for $271m

Auckland mobile games developer Ninja Kiwi sells to Swedish firm for $271m
nbr.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbr.co.nz Daily Mail and Mail on Sunday newspapers.

New zealand generalNew zealandChris harrisStephen harrisTimes groupNinja kiwiModern times groupBloons towerபுதியது ஜீலாந்துகிறிஸ் ஹாரிஸ்ஸ்டீபன் ஹாரிஸ்முறை குழுநிஞ்ஜா கிவிநவீன முறை குழு