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Tag Archives: funding

FACT UK anti-piracy group loses major hollywood funding

The Federation Against Copyright Theft (FACT), a British run organisation that lobbies and sues to combat piracy, has been dealt a major blow by its biggest contributor. The Motion Picture Association of America (MPAA) has cut its funding to the group, reducing its financial support by as much as 50 …

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UK Games Fund nets £4 million government grant

Up and coming game developers in the UK now have another avenue to explore in the quest for production budgets, as the UK Games Fund, a self-described “community interest company,” non-profit designed to aid the British game making economy, has just received a £4 million grant from the government. That …

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Kingdom Come: Deliverance E3 teaser released

As pretty as recently released games like The Witcher III: Wild Hunt are, they don’t really hold a candle to future high-end projects like Star Citizen. One other beautiful game that’s got a release set far in the future is Kingdom Come: Deliverance, which is set to offer a highly …

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Epic to seed promising UE4 devs with $5 million

Epic Games has always fostered new development in the gaming industry. As well as offering its latest and greatest game engine to everyone and anyone that wants to give it a try, for just $19 a month, it’s been giving away huge prizes and funding to developers for years with …

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Snapchat could be worth as much as $19 billion

Despite last year’s “Snappening” showing that thanks to malicious third party applications, Snapchat images are anything but temporary, the service continues to see heavy usage and is now seeking new funding which if successful, would value the company at over $19 billion (£12.3 billion). If Snapchat is able to raise …

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Jetpacks may be reality soon too

This year has been an exciting one for technology. We’ve seen much more realistic virtual reality in the guise of the DK2, we’ve seen maglev-technology hoverboards and now we might be set to (finally) get access to jetpacks. The New Zealand company behind the technology, Martin Aircraft, isn’t just showing off …

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Razer is now valued at over $1 billion

Razer, the US based high-end gaming peripherals company famous for its mice, keyboards, headsets and line of super thin laptops, recently closed a round of funding with Intel on at least a $1 billion valuation. This information has been made public via a leaked staff memo, which was passed on …

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Star Citizen has a pretty big dev team

Star Citizen has a lot riding on it, the game has been a kick-starter success with $46 million behind it already. Fortunately, Chris Roberts has a pretty big team working on the game to try and ensure that it will be a critical success too. The full development team actually …

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Twitch now funding projects, selling games

Twitch might have solidified itself as a solid way for pro-gamers to make money, by simply streaming their practice sessions, but the service itself is looking to diversify its income beyond advertising. It’s now begun selling games and is looking to help fund future projects. Indie title Nuclear Throne is …

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Oculus nets extra funding to produce consumer Rift

Maker of the world’s most talked about virtual reality headset, Oculus, has managed to secure another $75 million worth of funding to help continue development on the consumer version of its Rift headset, set to be released towards the end of next year. This follows on from the initial $2.4 …

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