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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
Hitman World of Assassination reaches over 75m players | News-in-brief
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
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
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
Astro Bot, Helldivers 2, and Indiana Jones and the Great Circle led the nominations for the 28th Annual DICE Awards, with each earning six nods. All three were recognised in the Game of the Year category, alongside Balatro and Black Myth: Wukong. Indie breakout hit Balatro was nominated across five categories, including Mobile Game of … Read more
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
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Super Evil Megacorp studio head Ian Fielding has been appointed CEO as Kristian Segerstrale becomes executive chair of the developer. Fielding joined Super Evil in 2021 after holding positions at Insomniac Games and Riot Games. He was senior production manager at the latter, where he helped launch and operate Valorant. As studio head at Super … Read more
Last week, Swedish games firm Enad Global 7 (EG7) initiated the “wind down” of Toadman Interactive and laid off 38 employees from Piranha Games. EG7 said the decision to shut down Toadman Interactive was due to “continued industry challenges and the studio’s inability to secure new work-for-hire contracts at a necessary pace.” Current work-for-hire contracts … Read more