PTW appoints David Dorans as CFO

Games outsourcing firm PTW has appointed David Dorans as chief financial officer. Dorans will report to CEO Deborah Kirkham, and will oversee the company’s global financial operations and support ongoing growth strategies. Dorans has over two decades of experience in financial leadership. His most recent role was CFO at Mirriad Advertising, and he also held … Read more

Infinite Reality secures $3bn in funding

Metaverse platform Infinite Reality has raised $3 billion in a funding round, bringing the firm’s total valuation to $12.25 billion. As reported by GamesBeat, the funding was led by a private investor. Infinite Reality will use this investment to grow its platform and continue acquisitions, partnerships, and product launches. “We are absolutely ecstatic to share … Read more

Grand Games secures $30m in Series A funding round

Mobile studio Grand Games has raised $30 million in a Series A funding round led by Balderton Capital. Existing investors Bek Ventures, Laton Ventures, and angel investor Mert Gür also participated in this round. Grand Games will use the investment to continue its expansion into global markets and to launch a new title in 2025. … Read more

Ubisoft appoints advisors to oversee “strategic options”

Ubisoft has appointed advisors to review various “strategic and capitalistic options” following previously initiated strategic and execution reviews. “We have taken decisive steps to reshape Ubisoft to deliver best-in-class player experiences, enhance operational efficiency and maximise value creation,” said Ubisoft CEO and co-founder Yves Guillemot. “We recently appointed advisors and are actively exploring various strategic … Read more

Infinity Nikki generates $16m in player spending on mobile

Infold Games’ Infinity Nikki has generated $16 million in player spending during its first month on mobile. This is according to App Magic data (via Pocket Gamer), with revenue reportedly driven by players in China who contributed $10.1 million making up 63% of global player spending. Infinity Nikki made $10 million in its first two … Read more

Exient appoints Paul Topping as CCO

Developer and publisher Exient has appointed Paul Topping as CCO. Topping has over two decades of experience in games, having served in business development and advisory roles at Criterion, Codemasters, NaturalMotion and Tag Games. His most recent role was head of business development at heat management company Zircotec Group. Topping will lead Exient’s business development … Read more

Square Enix updates harassment policy protecting employees

Square Enix has updated its group customer harassment policy that protects its employees and partners. As detailed on its website, customers who harass Square Enix employees could now face legal action as a result of their actions. “There are instances where certain customers take actions directly or through our support centers, or towards our group … Read more

Awesome Games Done Quick 2025 raises $2.5m | News-in-brief

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