Lumi wants to create a title that is "kind and comforting."
The studio raised $22 million in Series A funding led by Andreessen Horowitz (a16z) to develop its anticipated community sandbox MMORPG.
Andreessen Horowitz (a16z) will launch a new $4.5 billion fund for Web3 startups. The new $4.5 billion fund doubles the size of its last crypto fund.
The reputation of veteran game designer Mark Otero helped Azra Games grab the attention of investors.
Andreessen Horowitz (a16z) announces a new gaming fund that's worth $600 million to help build the future of the games industry.
Alta managed to raise $12.4 million in funding to realize its future plans.
With the increasing demand in the African market, Carry1st took action.
Overwolf believes that community-created experiences are key to the future of games because they benefit everyone in the ecosystem.