Ultimate Rivals
Ultimate Rivals launched on Apple Arcade during the Game Awards.
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Arcade sports mobile game maker Bit Fry Game Studios raises $3.5 million

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Bit Fry Game Studios has raised $3.5 million to make arcade-action sports mobile and console games such as its Ultimate Rivals: The Rink.

The Portsmouth, New Hampshire-based Bit Fry raised the money from 1Up Ventures, founded by Xbox co-creator Ed Fries; and Bitkraft Esports Ventures, a venture capital fund focused on esports. The capital supports continued growth of Bit Fry’s arcade-action sports gaming franchise, Ultimate Rivals, which had its premiere launch on Apple Arcade during The Game Awards in December.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.