Legendary Play raises $4M for esports-themed mobile games for fans
Legendary Play announced it has secured $4 million in funding for its latest project: A series of mobile games for esports fans. It has...
Kongregate.io will hit open beta later this year with NFT games
Kongregate, a 15-year-old free-to-play game platform that MTG owns, has unveiled Kongregate.io, a new web gaming portal featuring games that use nonfungible tokens (NFTs)....
Why MTG has joined the game-studio acquisition whirlwind
Modern Times Group joined the game-studio acquisition whirlwind last week with its (up to) $375 million purchase of mobile racing game maker Hutch. The...
Kongregate acquires popular battle royale game Surviv.io
Kongregate, a cross-platform game publisher that is part of Modern Times Group (MTG), has acquired Surviv.io, the top-down battle royale game for both web...
MTG initiates a ‘strategic review’ of its gaming investments
Modern Times Group, a Stockholm-based digital entertainment company, announced that it is doing a strategic review of its gaming portfolio, and it said it...
MTG invested $11 million in 7 startups in the first half of 2019
Modern Times Group (MTG) has invested $11 million in seven game and esports startups in the first half of 2019, making it one of...
Sviper raises $2.8 million for mobile game studio
Sviper is a new mobile gaming studio in Hamburg, Germany, and it has raised $2.8 million in funding from Modern Times Group. To date,...
Modern Times Group invests in 11 U.S. and European game startups
Modern Times Group (MTG) said it has invested in 11 gaming startups during the past year or so. The Stockholm, Sweden-based MTG made the investments in...
Kongregate kicks off Kartridge downloadable PC gaming platform
Kongregate has announced it will launch a community-driven downloadable games platform dubbed Kartridge. Kartridge will help game developers of all sizes find success by getting...
Kongregate announces $10 million console and PC game publishing fund
Kongregate, an indie game publisher that GameStop recently sold to MTG, is doubling-down on PC and console games from indie developers by setting up...