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08.03.2024 - 11:47 / gamesindustry.biz
Brain Jar Games has raised $6.7 million in a seed funding round, which the studio plans to put towards its debut project Dead as Disco.
As reported by Games Beat, the funding round was led by Transcend Fund and Menlo Ventures in addition to 1UP Ventures.
Brain Jar Games also received funds from other advisors and angel investors, including former Harmonix COO Chris Rigopulos, Oculus co-founder Nate Mitchell, Pragma CEO Eden Chen, and Xsolla president David Stelzer.
"One of the things that Transcend appreciated about it was that we spoke about our audience and success, but we were a premium game," said studio CEO and co-founder Will Cook. "We weren't promising the world, or a platform. We were promising a method by which we could focus and build."
Transcend general partner Brett Krause added: "Cook's ambitious, global vision goes beyond just making a fun game. It is to build a company that is a platform for musicians and creators alike, and he has assembled the top-talent necessary to deliver."
Brain Jar Games was co-founded by Cook and is made up of developers from studios such as Trion Worlds and Flying Wild Hog, as reported by Game Developer. Its debut game is set to launch in 2025.
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Bandai Namco has released three new games on Steam, all of which are completely free.
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Cryptic Studios is in a period of transition under Deca Games after recent changes at parent company Embracer Group moved Cryptic under that division. While all of Cryptic’s MMOs will continue to get new content and updates, there will be Deca devs starting to “take over the creation of some of the content”.
With Alan Wake 2 out of the way, it’s looking like the upcoming combined remake of Max Payne 1 and 2 is the next big single-player game that developer Remedy Entertainment will be focusing on, and the studio has now provided some more details about its development.
Developer Respawn has addressed the recent Apex Legends hacks.
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Gaming software firm Balancy has raised $700,000 in a funding round led by mobile industry veterans.
Detective Dotson, a mystery-adventure game for PC by Ahmedabad-based independent game studio Masala Games, was announced on Monday. A demo of the game has been added to Steam and is now available to play. Its full version will be released later this year. The 2D platformer game, which is set in modern India, is influenced by Bollywood and Indian TV shows like CID, as per the publishers. Masala Games has previously released Word Mess, a word game, for iOS and iPadOS.
A reliable leaker shared details about the Spring Sale. The promotion will run from March 14 to March 28. It will feature discounts on at least 15 games, including AAA titles from companies like Ubisoft, EA, Rockstar, WB Games, CDPR, and more.