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Riot vets aiming to shake up multiplayer with new studio The Believer Company

GamesIndustry.biz

The Believer Company, a new studio founded by Riot Games veterans, has emerged from stealth today and announced it raised $55 million in Series A financing. The $55 million round was led by Andreesen Horowitz, with additional seed funding from Riot Games, Bitkraft Ventures, 1up Ventures, Dan Thompson's Cleveland Avenue, Michael D.

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Carry1st raises $27m in funding

GamesIndustry.biz

The company said the investment will expand its business operations and game development. Bitkraft Ventures led the funding, while Andreesen Horowitz, TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy participated. Read more.

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Web3 metaverse MMO Avalon unveiled in new trailer

Game Daily

The Avalon team is led by chief product officer Jeffrey Butler, one of the original producers for EverQuest and its first expansions, alongside Sean Pinnock, formerly CEO of virtual reality gaming company CyberDream, best known for Virtual Battlegrounds. Fluid importing According to the company, the game “is governed by its users.

Racing 98
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New report shows game investment slowdown

Game Daily

Notable deals include the $50 million secured by metaverse gaming company Everdome in April, invested by GEM Digital; $48 million raised by in-game advertising outfit Anzu, and blockchain gaming firm Mythical Games adding $37 million to its war chest, thanks to a Level C investment round led by Scytale Digital.

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