Page 29 - Makers Fund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

While COVID-19 has been disruptive to our lives, the past year has been incredible for gaming. There has never been a better time for startups, and the amount of funding available from specialized and non-specialized investors alike has continued to grow. At Makers Fund, we have been very impressed with the talented developers setting out to create their studios and wanted to share our advice with teams starting to approach VCs for funding. 1. Understand the difference between equity, project and debt financing The three main types of financing are equity, project, and debt financing. Each ...

Great Job, Commissioner: Blaseball Is Going Mobile Share Filed to:absurdist fiction The Game Band, makers of quirky browser sports game Blaseball, have raised $US3 ($4) million in a recent seed round, the studio announced today. This investment, made possible by a venture capital firm known as Makers Fund, will be put towards expanding the development team, building a mobile Blaseball app, and other unannounced projects. “From our very first conversation, Makers Fund appreciated Blaseball’s chaotic spirit as well as its untapped potential,” said The Game Band founder and CEO Sam Rose...

Published on 18 May, 2021 Blaseball, the fictional fantasy sports game, exploded in popularity last year. Since then, developers The Game Band have continued to run the game, tweaking rules and tailoring its story in response to fans participating by playing but also writing fan fiction and creating fan art. Now they've announced that they've secured funding to continue developing the game, to grow their team, and to make future projects without fear of going under. In a post on Medium, founder Sam Rosenthal wrote that the funding came from the Makers Fund, 1Up Ventures ...

The funding will be used to "expand game development and to accelerate growth." Twin Suns Corp is also being backed by Microsoft veteran Ed Fries through his 1UP Fund, while Frvr is also receiving investment from Unity founder David Helgason, Accel, Makers Fund, and more. Twin Suns Corp is a newly formed studio co-founded by industry veterans Tim Longo (Halo), Forest Swartout (Hitman), and Jeff Morris (Gears of War) looking to release AAA games. "Forming this company and team is about bringing amazing people together to collaborate and make uniquely creative and amazing action games," said Ti...

Gaming startup WinZO gives complete exit to Hike – Kavin Mittal gets four times return on investment Gaming startup WinZO gives complete exit to Hike – Kavin Mittal gets four times return on investment IANSMay 3, 2021, 12:56 IST IANS WinZO on Monday said it has bought back early investor Hike's shares for $12 million, making it one of the largest buyback transactions by an early stage firm in the Indian start-up ecosystem. The move gives a complete exit to Hike with four-fold returns on their investment in May 2019. Hike participated in the $5 million Series A funding in WinZO in 201...