The Luxury Travel Magazine
The Luxury Travel Magazine
One of the most lucrative areas of entertainment, video game companies are generally booming right now and continue to attract investment from around the world. Given the popularity of gaming in today’s technology-based environment, it should probably come as no surprise either. Essentially, it’s an industry that is only going to get bigger and better.
After all, the vast majority of us rely on some form of gaming product these days. For example, people invest in powerful console machines, such as a PlayStation 5, all with the aim of being able to play games that boast immaculate graphics, like Horizon Forbidden West. Portable gaming is also flourishing, with players using tablets and smartphones to access releases like Pragmatic Play’s Amazing Money Machine, a title that features a female engineer and an airship. These options, and more, have elevated the genre and enabled game companies to shine even brighter in the process.
As such, it’s an industry that is always going to draw attention. In fact, last year, $249.5B in revenue was achieved, making the games industry even bigger than the movie and music industries combined. There is evidently still clear potential for the industry to grow even further, especially when factoring in the bright minds that are working for some seriously ambitious video game companies. These companies are standing out, particularly to investors.
Investors have been looking at the remarkable rise of Aimlabs in recent years. After being founded in 2017, the New York-based company has assisted millions of gamers with their helpful aim trainer that improves aiming techniques in third-person shooters. Free to download, Aimlabs has managed to attract $102.1 million of investment thanks to the 30 million players who rely on the tool.
Working out of London with the aim of changing the fitness industry through an innovative gaming solution, Quell Tech’s mission is an admirable one. With $10 million raised in 2023 to help the company archive its goal, it’s a name worth following.
Delivering virtual fitness in a unique world as players aim to smash their fitness goals and progress in a specific game at the same time, this fascinating idea is expected to gather serious momentum in the near future.
A Vietnamese games development company that brings the benefits of blockchain through fun and practical applications, Sky Mavis clearly has big plans for the future. Securing $150 million worth of funding in 2022 clearly helped the company on its journey, although further investment could be heading its way in the coming years.
A company with ambitious aims, Eneba has experienced growth of 4,250% over the last five years. Additionally, this notable evolution has seen the company attract additional funding of $9.8 million, highlighting the successful journey the global gaming marketplace is currently on. Offering a huge selection of games on all platforms and regions, the Lithuanian company is definitely one to keep tabs on.
An area in the gaming sphere that has witnessed massive growth in recent times, esports gaming is pulling in global audiences. After starting out in 2018, Gamerji’s aim has clearly been to capitalize on the growth of competitive gaming. The company’s esports and gaming platform hosts tournaments and enables gamers to track important statistics. As of today, it has over 9.5 million users and hosts 27 different products. Based in Ahmedabad, India, the company has had $4.7 worth of funding so far.
This Edinburgh-based company raised over $110 million in Series D funding back in January 2023. Investors have been attracted to the company’s immersive gaming platform, high-end game series, and design tools for user-generated content. BARB (as it is known) focuses on the overlap between gaming and broader entertainment, blurring the lines in how you experience a gaming world.
