Tag Archives: funding

Over the weekend it was revealed that so far, Epic Games has spent around $330 million on exclusives for the Epic Games Store. Epic Games didn't seem to concerned about this and now we know why, as the company has just completed a $1 billion round of funding with investments …

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 …

As much as VR hardware is almost upon us, many of those working in the fledgling industry are looking far into the future. Oculus is considering future camera tracking hardware and Microsoft wants to blend the virtual and augmented realities into one, but Magic Leap has something clever in the …

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 …

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 …

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 …

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 …

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 …

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 …

Star Citizen continues to surpass its own records in funding to remain the undisputed king of crowd funded gaming development, with a jump in over $600,000 on Sauturday taking it over the $50 million threshold and beyond, all thanks to a bunch of updates hyping the game some more and …

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 …

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 …

The guys over at M3D might be on to something as it reached its $299 3D printer kickstarter goal in just 11 minutes and since then, the project has gone on to raise almost $1 million. The latest Kickstarter success aims to bring you the first truly consumer 3D printer …

Survival horror is the latest vogue genre of development and there's some great examples of it, whether you're looking at a single player experience like Don't Starve, or the hugely popular multiplayer ones like DayZ and Rust. However apart from DayZ, which is mostly based on a real location, they're …

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 …

When your job is to fix something, you often have the dichotomy of ideals in your head. You want to fix the problems that occur, but if you do such a good job that it will make your job useless, then why would you continue to be paid to do …