Global Industry Challenges and Optimism Despite its massive revenue surpassing movies and music, the video game sector wasn’t immune to recent macroeconomic impacts, leading to layoffs and a dip in venture funding. However, optimism remains for a turnaround in 2024. Fundraising Trends and Sector Resilience While fundraising hit a low in 2023, notable successes like […]
Category Archives: Gaming
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Funding and Future Plans Frost Giant Studios, after raising nearly $37.3 million through initial funding and Kickstarter for Stormgate, is initiating a crowd-equity campaign to attract more investment. This move allows supporters to buy shares and become part of the company’s financial journey, contrasting the rewards-based Kickstarter model. Test the Waters” Initiative Before the […]