The DeanBeat: After Zynga’s crash, game investments dive 42 percent in 2012

103. Pixowl — Pixowl raises $1.2 million for story-based and character-driven mobile games. Investors. Sept. 27.

104. Phoenix Guild — Jason Citron, founder of OpenFeint, wanted to get back to making games. So he started Phoenix Guild to make games for the “post-PC era.” Citron raised $1.1 million. Investors: YouWeb, Accel and General Partners. July 10.

105. LevelEleven — Detroit-based LevelEleven raises $1 million for gamification of the sales process. Investors: Detroit Venture Partners and ePrize. Oct. 30.

106. BitRhymes — BitRhymes raises $1 million for casino games such as the hit game Bing Bash. Investors: Mark Jung, Yucheng Chiang, Dan Cooperman, and Doug Bergeron. April 16.

107. Eruptive Games — Eruptive Games raises $1 million for action-adventure social games such as Citizen Grim. Investors: Kevin Colleran, Kai Huang, Nadeem Kassam, and Plarium. July 9.

108. Grow Mobile — Grow Mobile raises $1 million for mobile game and app marketing and data management. Investors: Signia Venture Partners and Bessemer Venture Partners.  Sept. 7.

109. Playerize — Playerize secures $1 million to recruit more players for social games. Investors: Real Ventures, Rho Ventures, Mike Edwards, David Chamandy, Martin-Luc Archambault, Dan Robichaud, and Jason Bailey. Jan 4.

project godus

110. Pug Pharm Productions — Canada’s Pug Pharm Productions nabs $1 million for gamification engine. Investor: Goal Holdings. Oct. 30.
111. Mob Science — Mob Science raises $1 million for social games on Zynga’s platform. Investors: David Young and Mark Surfas. March 27.
112. Goblinworks — Goblinworks secures $1.09 million for Pathfinder Online via Kickstarter. Investors: Kickstarter fans. Jan 14.

113. TreSensa — TreSensa raises $1 million for cross-platform gaming. Investors: undisclosed angels. July 23.

114. Vivid Games — Poland’s Vivid Games raises $1 million from Investors: Giza Polish Ventures and 31 private investors. June 21.

115. Ember Entertainment — Ember Entertainment raises $980,000 for mobile games. Investors: John Schappert and others. Dec. 13.

116. DraftDay — DraftDay raises $875,000 for daily fantasy sports web site. Investor: Lightbank. April 4.105. GymPact — GymPact raises $850,000 to gamify fitness and health. Investors: Mike Hirshland,  TEEC Angel Fund, Mike Dornbrook, and Alex Rigopolous. June 28.

117. 22cans — 22cans, started by god game pioneer Peter Molyneux, raises $832,233 on Kickstarter for Project Godus. Dec. 21.

118. PlayMob — PlayMob raises $800,00 for GiverBoard platform that lets gamers donate to charities via in-game micro-payments. Investor: NESTA, Midven, Ian Livingstone and other angels. July 3.

119. Corous360 — Corous360 raises $789,000 for cloud-based gaming. Investors: Gobi Partners. July 2.

120. Revolution Software — Revolution Software raises $771,560 on Kickstarter for Broken Sword: The Serpent’s Curse. Investors: Kickstarter fans. Sept. 22.

121. Zipline Games — Zipline Games raises $750,000 for Moai game development platform. Investors: Founders Co-Op, Benaroya Capital, Pioneer Venture Partners, and Groundspeak. July 6.

122. Brass Monkey — Brass Monkey raises $750,000 to enable gamers to turn their smartphones into game controllers. Investors: Jeremie Berrebi, David Beyer, Nicole Stata, and others. Jan. 18.

123. Plyve — Plyfe nabs $750,000 for platform that lets brands to promote themselves through games and rewards. Investors: Crosscut Ventures. Nov. 29.113. Stoic — Stoic raises $723,886 for the Viking strategy game Banner Saga on Kickstarter. Investors: Kickstarter fans. April 20.

124. TribePlay — China’s TribePlay raises $750,000 for Dr. Panda kids’ games. Investor: Unnamed Dutch and Asian investors. Dec. 4.

leisure suit larry125. Sauropod Studio — Sauropod Studio scores $702,516 for Castle Story on Kickstarter. Investors: Kickstarter fans. Aug. 26.

126. Replay Games — Replay Games gets $673,602 for Leisure Suit Larry Remake on Kickstarter. Investors: Kickstarter fans. May 2.

127.Mavenhut — Mavenhut raises $650,000 for social gaming studio in Ireland. Investor: SOSventures. Nov. 16.

128. UpTap — UpTap raises $645,000 for tablet games. Investors: Seattle area angels. Sept. 27.

129. Stainless Games — Stainless Games raises $625,143 on Kickstarter for Carmageddon: Reincarnation. Investors: Kickstarter fans. June 6.

130. Chris Jones and Aaron Conners — Tex Murphy Project Fedora scores $598,104 on Kickstarter. Investors: Kickstarter fans. June 16.

131. Winterkewl Games — Winterkewl Games raises $567,665 on Kickstarter for sandbox adventure game Yogventures. Investors: Kickstarter fans. May 6.

132. Cliffhanger Productions — Cliffhanger Productions raises $558,863 on Kickstarter for Shadowrun Online. Investors: Kickstarter fans. Aug. 14.

133. Camouflaj — Camouflaj raises $555,662 on Kickstarter for Republique game. Investors: Kickstarter fans. May 11.

134. Tap Lab — Tap Lab raises $550,000 to fund location-based mobile games. Investors: Alex Rigopoulos, Eran Egozy, Don Dodge, Mike Dornbrook, and other angels. April 3.

135. We Want To Know — French-Norwegian game developer We Want To Know raises $550,000 to make math fun for kids. Investor: Jon von Tetzchner. Dec. 12.

136. Two Guys From Andromeda —Two Guys From Andromeda raises $539,767 on Kickstarter for SpaceVenture. Investors: Kickstarter fans. June 12.

137. Crate Entertainment — Crate Entertainment pulls in $537,515 on Kickstarter for Grim Dawn action role-playing game. Investors: Kickstarter fans. May 18.

138. Penny Arcade — Penny Arcade raises $528,144 on Kickstarter to become independent from advertising. Investors: Kickstarter fans. Aug. 15.

139. Subutai — Subutai scores $526,125 for Clang on Kickstarter. Investors: Kickstarter fans. July 9.

Interactive Project — Italy’s Interactive Project garners $510,000 for racing title. Investors: LVenture. Nov. 14.

jane jensen140. Game Genome Project — Game Genome Project raises $500,000 to make game discovery better. Investors: Anu Nigam and Roberto Fonti. Sept. 25.

141. MadRat Games — MadRat Games gets $500,000 for games in Indian market. Investor: Blume Ventures and First Light Ventures. Dec. 10.

142. TinyTap — TinyTap raises $500,000 for children’s educational games. Investors: Israel’s Inimiti. Nov. 12.

143. Duxter — Duxter raises $500,000 for gamer social network. Investors: not disclosed. Nov. 6.

144. Pinkerton Road Studio — Jane Jensen’s Pinkerton Road Studio raises $435,316 on Kickstarter. The creator of Gabriel Knight (Jensen, pictured right) is creating a new adventure game called Moebius. Investors: Kickstarter fans. May 8.

145. Spitball Entertainment — Spitball Entertainment raises $300,000 for celebrity musician game. Investors: Not disclosed. March 16.

146. Quelle Histoire — Quelle Histoire raises $269,700 for history games. Investors: Paris Business Angels. Oct. 29.

147. Refract Studios — Refract Studios raises $161,981 on Kickstarter for Distance arcade racer. Investors: Kickstarter fans. Nov. 16.

148. Big Robot — Big Robot raises $145,358 on Kickstarter for Sir, You Are Being Hunted. Investors: Kickstarter fans. Dec. 2.

149. Infantium — Spain’s Infantium gets $134,850 for learning games for young kids. Investors: Grupo ITnet, SeedRocket Business Angels, and Enisa. Oct. 25.

150. David Hellman and Tevis Thompson — Two-man team raises $69,581 for Second Quest game on Kickstarter. Investors: Kickstarter fans. Nov. 16.

151. Softgames — Softgames gets $70,000 for HTML5 gaming platform. Investors: not disclosed. Oct. 26.

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.