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Mobile developer Cypher Games has raised $10 million in its latest fundraising round. The Turkish developer says it marks a key milestone as it develops its “very first match-3 title to disrupt the mobile gaming industry.” Led by The Raine Group, the round secured funding from Play Ventures, 500 Global, Riccardo Zacconi (founder of King),…
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Analytics and live ops firm Magify has obtained €1 million in funding led by Steam Power Investments. As Pocket Gamer reports, the money raised will support product development, particularly in utilising AI and expanding to global markets across the games industry. Founded in October 2023, Magify provides features to studios including data analytics, monetisation and…
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PUBG firm Krafton has invested KRW 120 billion ($89.3 million) in streaming company Spoon Labs. This is its largest investment to date in a non-gaming area, the firm noted. Seoul-based Spoon Labs owns an audio platform called Spoon, and recently launched a service dedicated to short-form videos called Vigloo, in particular focusing on K-drama. Read…






