Norma Investment, a venture firm affiliated to Russian billionaire Roman Abramovich, has taken part in a $20 million round of funding for Russian game publisher 110 Industries. GEM Capital, an investment company founded by a top executive from the Russian oil and gas industry, and Sergey Kornikhin, a film producer, also contributed to the …
Mobalytics, a California-headquartered startup with Ukrainian roots, raised a $11.25 million Series A round led by Almaz Capital and Cabra VC, two international funds with connections in Eastern Europe. The other investors include HP Tech Ventures, General Catalyst, GGV Capital, RRE Ventures, Axiomatic and T1 Esports. Almaz Capital, Founders Fund, General Catalyst and GGV Capital …
My.Games, the game unit of LSE-listed Mail.ru Group, has just published the ‘Portrait of a Russian Gamer 2019,’ a study about players passionate about mobile, desktop, or console games, with an assessment of the Russian gaming market for 2019. According to My.Games calculations, the volume of the Russian video game market in 2019 increased by 14% year-on-year …
Russian video game market grew to $1.9 billion in 2019 Read More
DMarket, a Ukraine-born startup that uses blockchain to build “a user-owned gaming economy,” has just attracted $6.5 million in equity funding. The round was led by Almaz Capital with participation from video game company Xsolla. No details of the deal were disclosed. Now headquartered in California, DMarket has developed a platform that “enables transparent and secure buying, selling, and …
Almaz Capital leads $6.5 million for in-game item trading platform DMarket Read More
Playrix, a global Russian-founded gaming giant, announced today the acquisition of Armenian game studio Plexonic. The terms of the deal have not been disclosed. The Yerevan-based team, still led by Plexonic’s founder and CEO Gevorg Sargsyan, has already started developing a new casual mobile game, according to a corporate statement. “Together with the talented Plexonic team, we will …
After Belarus and Ukraine, Russian gaming giant Playrix acquires studio in Armenia Read More
Last week Playrix, a global Russian-founded gaming giant, announced the acquisition of Ukrainian game studio Zagrava Games. Founded in 2003 (known as ‘Friends’ Games’ at that time), this game development service company is located in Rivne (Rovno), Western Ukraine, and employs 60 people. Its creations include ‘Greedy Bunnies,’ ‘The Hunt for Red Panda’ and ‘Chasing Chaster.’ Among its clients …
Russian game giant Playrix acquires Ukrainian game studio Read More
Legionfarm, a Russian-founded platform for training and hiring professional gamers, has secured $1.5 million, the Kommersant business daily reported yesterday. The bulk of this amount, $1.4 million, was contributed by TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, while the remaining $100,000 came from Denis Smetnev, a co-founder of Russian edtech startup SkyEng …
Legionfarm raises $1.5 million to develop coaching and hiring services for online games Read More
The thriving Belarusian online gaming scene saw an important move last month with Playrix, a global Russian-founded gaming giant, investing in local leader Vizor, as reported by the local media. The details of the deal were not disclosed, but the companies presented it as “a strategic partnership,” while Vizor shareholders claimed they gave priority to “smart …
Russian gaming giant Playrix invests in Belarusian Vizor Read More
iDreamSky Technology Holdings, a Tencent-backed Chinese video game publisher, and My.Games, the game unit of LSE-listed Mail.ru Group, announced a long-term partnership to expand their global presence. As reported by Reuters, the two partners will work on cross publishing games in their respective domestic markets. They are currently working on bringing to China ‘War Robot,’ …
Russia’s Mail.ru Group and China’s iDreamSky form games partnership Read More
This week Mail.ru Group, the LSE-listed Russian Internet giant, announced almost simultaneously two acquisitions: that of acquired Belarusian game studio Swag Masha through its gaming branch My.Games and that of Russian content & ad recommendation service Relap.io. Acquiring “an idea and high spirits” Founded in May 2018 and based in Minsk, Swag Masha is a small game …
Mail.ru Group has today announced the new international gaming brand, MY.GAMES. The new brand will develop, publish and fund new games, including upcoming titles Lost Ark, Conqueror’s Blade and a mobile release for popular esport title Warface. All of the company’s gaming projects, which were previously published under the Mail.ru Group brand in Russia and …
Mail.Ru Group reveals new global gaming brand MY.GAMES Read More
Lev Leviev, a prominent Russian-Israeli tech investor, has led a $19 million for London-based eSports club Fnatic via his fund LVL1 Group. Investors Beringea, BlackPine, Unbound, Raptor Group and Joi Ito also took part in the round. The fresh funding will help Fnatic “continue its global expansion into Asia and North America, strengthen its involvement …
Russian-Israeli investor Lev Leviev invests in eSports giant Fnatic Read More
