#GamingBusiness

RevenueCat, now the backbone of over 70,000 subscription-based mobile apps, just announced a $50M Series C to level up its mission: helping developers make more money, faster. Founded in 2018 as a side project by Jacob Eiting and Miguel Carranza, RevenueCat started as a simple tool to manage in-app subscriptions. Today, it's handling billions in payments and is used by 1 in 3 new subscription apps. Now valued at $500M, the company plans to go far beyond subscriptions. Why It Matters: New funding round led by Bain Capital Ventures (with support from Index, YC, and others) $100M total raised 2,000+ devs already testing RevenueCat’s web billing engine, now a serious Stripe/Chargebee contender CEO Jacob Eiting says: “We want to build the most important software company for apps—by a mile.” What’s Next for RevenueCat: Web billing: After the Apple-Epic ruling, devs […]

PlaySafe ID, a platform designed to safeguard gaming communities by blocking cheaters, bots, and predators, has raised €1 million ($1.12M) in pre-seed funding. The startup’s mission is to bring accountability and fairness to gaming without compromising user privacy. The funding round was led by Early Game Ventures, joined by Hartmann Capital and Overwolf. The investment will support PlaySafe ID’s expansion efforts and integrations with major gaming platforms, with a goal of reaching over 250,000 users in the near term. “This funding allows us to scale quickly, grow our elite team, and work with developers committed to creating safer game environments,” said CEO Andrew Wailes. He noted the urgency of tackling cheating and child safety, especially as new regulations like the Online Safety Act come into play. Andrew Wailes is CEO of PlaySafe ID. PlaySafe ID provides an anonymous, verified digital […]

Written by our partner, InvestGame. Notable Transactions MERGERS & ACQUISITIONS🤝 US-based mobile game developer Ares Interactive, Inc. has acquired Heroes vs Hordes from Germany-based mobile game publisher Swift Games for an undisclosed sum. Legal documentation changes suggest a potential full acquisition of Swift Games as well. According to AppMagic, Heroes vs Hordes is a mobile roguelike RPG that has generated $31m in IAP revenue. Ares Interactive was founded in 2024 by former Glu Mobile executives. UK-based game distributor Rokky has acquired China-based digital game store ChinaPlay for an undisclosed sum. The acquisition is part of Rokky’s strategic expansion into the Chinese market. After the deal, ChinaPlay will distribute game keys directly from Rokky’s publishing partners. France-based esports organization Team Vitality has acquired Indonesia-based esports organization Bigetron by Vitality for an undisclosed sum. The acquisition aims to strengthen Team Vitality’s position […]

50 Layoffs precisely. Berlin-based Wooga has quietly cancelled its upcoming title Claire’s Chronicles: Solitaire, leading to a wave of layoffs across the Playtika-owned studio. Claire’s Chronicles: Solitaire had been in soft launch since October 2024. 50 departures on spanning roles in art, design, economy, production, and data. The cancellation marks another shift in direction for the June’s Journey and Pearl’s Peril maker, which saw a leadership transition earlier this year. Former Youda Games GM Dennis Korf stepped in as Managing Director, following a handover from longtime MD Nai Chang. This isn’t the first time Wooga has shelved a major game. Late last year, Chang shared about lessons learned from the studio’s earlier misfire, Switchcraft, and the challenges of innovating under Playtika’s umbrella. Meanwhile, parent company Playtika just reported record Q1 revenue of $706M—buoyed in part by its SuperPlay acquisition—but saw […]

Super Banana secured funding from Griffin Gaming Partners. Source: PocketGamer While the investment amount remains under wraps, what’s clear is the ambition: reinvent the puzzle genre with depth, speed, and style. Founded by Danil Moskovoy and Nikolay Ternovoy, two industry veterans with roots in Zeptolab, Voodoo, Tripledot, Popcore, and Playrix, Super Banana is built on a sharp thesis: build fast, build smart, build with purpose. Currently based in the UK and hiring remotely across Europe, the studio is already prototyping its first wave of titles, zeroing in on sorting mechanics, hybrid monetization (IAP/IAA), and untapped design spaces in casual games. “Casual puzzle games are full of white space if you know where to look,” said CEO Danil Moskovoy. “We’ve seen what works—and more importantly, what doesn’t. Now’s our chance to go deeper and build games that stick.” With tight feedback […]

Mobile game developer Studio 42 has raised $3.6 million in seed funding to support the development of its first title and grow its team. The round was led by Play Ventures, with backing from GEM Capital and Arcadia Gaming Partners. The studio’s 14-person team is spread across four countries and includes talent with experience from Belka Games, Snap Inc., Playrix, and Game Insight. CEO Alexander Bogdanov shared that the studio is focused on delivering simple but deeply engaging gameplay, with a design philosophy rooted in clarity and creativity. “We believe genius lies in simplicity,” he said, as the team sets out to bring a new wave of puzzle games to life. Studio 42’s debut project is built around familiar puzzle mechanics with a modern hybrid-casual approach. The team plans to operate with a fast iteration cycle powered by AI, aiming […]