Counter-Strike: Global Offensive is one of the most popular multiplayer first-person shooter games around, and the unofficial CS:GO world title now belongs to Natus Vincere (NAVI), a team based in Kyiv comprising Russian and Ukrainian players. In the final game of the latest Major Championship tournament (held in Stockholm over the past two weeks), NAVI …
Russian-Ukrainian eSports team claims world title in Kyiv Read More
Ukrainian venture firm Genesis Investments has led a $1 million round of investment in Estonian edtech gaming startup 99math. The other participants in the round are Estonian VC fund Change Ventures as well as five angel investors from leaders at companies including Bolt, Transferwise, and Pipedrive. Neither the individual contributions of deal participants nor the terms of the …
Ukrainian VC Genesis backs Estonian edtech startup 99math in $1 million funding round Read More
It appears that one of the largest “crypto mining farms” that Ukraine’s Security Service claims to have ever exposed wasn’t mining cryptocurrency at all. On July 8, the Security Service (SBU) seized over 5,000 Sony PlayStation consoles and graphics cards in a warehouse adjacent to the facilities of Vinnytsiaoblenergo, an energy distributor in Vinnytsia, a city of almost 400,000 people …
Earlier this week Playrix, a global Russian-founded gaming giant, announced the acquisition of Ukrainian game studio Boolat Games. The terms of the deal were not disclosed. Launched 20 years ago, Boolat Games creates multi-platform free-to-play and adventure games. Different genres are available, from casual to hardcore: RPG, time-management, hidden objects, strategy, etc. The studio’s portfolio features dozens of …
Russian gaming giant Playrix acquires Ukrainian Boolat Games Read More
Organization.GG, a Ukrainian marketplace that helps streamers interact with their fans through live gaming experiences, has raised $610,000 in pre-seed funding. The news was reported earlier this month by AIN.UA, based on an exchange with the company’s press service. The investor pool comprises WePlay Esports (an esports media holding company with offices in the USA, …
Last week US game publisher TinyBuild announced a $3 million investment in Hologryph, a Ukrainian game studio known for the game Secret Neighbor. Hologryph’s valuation was not disclosed, but VentureBeat reported that the deal will give TinyBuild a majority stake in the company. Hologryph studio is based in Lviv, Western Ukraine, and has 11 employees …
US game publisher takes control of Ukrainian studio Hologryph Read More
Ukraine has the potential to become a European eSports hub after its government recognized the video game competitions as an official sport and their players as athletes. Until recently, this gigantic industry remained in the shadows in Ukraine. Now, however, local eSports businesses can play fair, receiving the legal option of going professional. For example, Ukrainian companies …
With better legislation, Ukraine can make a fortune in eSports Read More
Last week Embracer Group announced the purchase of several game studios, including Ukrainian 4A Games . The Swedish company has fully acquired this famous game developer and publisher, which is behind the popular Metro series launched in 2010. The upfront purchase price, paid in cash and newly issued B shares, amounts to approximately $36 million …
Embracer Group acquires Ukrainian 4A Games for up to $71 million Read More
Mobalytics, a California-headquartered startup with Ukrainian roots, raised a $11.25 million Series A round led by Almaz Capital and Cabra VC, two international funds with connections in Eastern Europe. The other investors include HP Tech Ventures, General Catalyst, GGV Capital, RRE Ventures, Axiomatic and T1 Esports. Almaz Capital, Founders Fund, General Catalyst and GGV Capital …
DMarket, a Ukraine-born startup that uses blockchain to “build a user-owned gaming economy,” has just attracted $6.5 million in equity funding. The round was led by Almaz Capital with participation from video game company Xsolla. No details of the deal were disclosed. Now headquartered in California, DMarket has developed a platform that “enables transparent and secure buying, selling, and …
Last week Playrix, a global Russian-founded gaming giant, announced the acquisition of Ukrainian game studio Zagrava Games. Founded in 2003 (known as ‘Friends’ Games’ at that time), this game development service company is located in Rivne (Rovno), Western Ukraine, and employs 60 people. Its creations include ‘Greedy Bunnies,’ ‘The Hunt for Red Panda’ and ‘Chasing Chaster.’ Among its clients …
Russian game giant Playrix acquires Ukrainian game studio Read More
Blackstone, a leading global investment firm based in New York City, intends to acquire Murka Ltd and Murka Entertainment Ltd, a Ukrainian-American developer and publisher of online games and social casinos. No information about the terms of the expected deal is available. The news was reported earlier this week by Ukrainian tech blog AIN.UA, which …
US investment firm Blackstone to acquire Ukrainian-founded social casino game publisher Read More
