funding Archives

AppWizard

June 27, 2025

Steam’s “Early Access” is no longer what it used to be — has it failed gamers?

Valve's "Early Access" initiative on Steam currently features 14,056 titles. Successful games like Kerbal Space Program, ARMA 3, Prison Architect, and Kenshi have received positive reviews. However, many players have become disillusioned with the program, particularly due to experiences like the prolonged development of DayZ, which spent nearly five years in Early Access. The program's guidelines require developers to maintain transparency and accountability, but some exploit these rules for financial gain without completing their projects. The Early Access program is intended to gather player feedback, provide funding, and support development, but issues with unfinished games and unmet promises have raised concerns about its integrity.

Tech Optimizer

June 17, 2025

EnterpriseDB targets AI development with latest update

EnterpriseDB has introduced new features for its EDB Postgres AI platform, including a low-code/no-code environment for application development and enhanced data observability across various databases. The platform, launched in May 2024, integrates relational and non-relational data, automates data pipelines, and supports multiple workloads. The new capabilities aim to improve the success rate of AI projects, which face an estimated 80% failure rate in transitioning from development to production. The updates include tools for managing PostgreSQL databases in hybrid cloud and on-premises environments, Transparent Data Encryption for security, and an analytics engine optimized for AI workloads. EnterpriseDB's enhancements were influenced by customer feedback, focusing on maximizing the value of existing data and supporting GenAI workflows. The company plans to expand its AI ecosystem and enhance its competitive position within the PostgreSQL community.

AppWizard

June 6, 2025

Emptyvessel secures $11m in Series A funding

Developer Emptyvessl has raised million in Series A funding, led by NCSoft and 1AM Gaming, with contributions from Black Phoenix Games, Anurup Joseph, Sebastiaan Hejne, and earlier investors like Sisu Game Ventures, Raptor Group, and Compute. NCSoft previously invested in Emptyvessl in May. The company is developing a first-person cyberpunk squad-based shooter called Defect, with a team experienced in titles like Doom, Quake, Borderlands, and The Last of Us. CEO Emanuel Palalic noted that the funding will help expand single-player support and reach across various platforms. NC America and NC West CEO Jeonghee Jin praised Emptyvessl's vision for game design and player interaction.

AppWizard

June 3, 2025

Lighthouse Games lands additional funding from Tencent

UK-based developer Lighthouse Games has received another round of funding from Tencent, although the exact amount is undisclosed. Founded in 2023 by Gavin Raeburn, the studio aims to accelerate the development of its inaugural title with this investment. This funding follows an earlier investment from Tencent in the same year, indicating a growing partnership. Lighthouse Games plans to enhance its operations in Leamington Spa to explore innovative creative avenues for their debut title in the driving genre.

AppWizard

June 2, 2025

People Can Fly lays off staff as it cans two projects

Polish developer People Can Fly has decided to scale down its teams after canceling two projects, Gemini and Bifrost. CEO Sebastian Wojciechowski announced the halt in development due to issues with their publishing partner for Gemini and funding problems for Bifrost. The studio has faced challenges in recent years, including the termination of a publishing deal with Take-Two Interactive in 2022 and two rounds of layoffs in 2024. Despite these setbacks, the studio announced a collaboration with The Coalition on Gears of War: E-Day, set for early 2025.

Tech Optimizer

June 2, 2025

Databricks $1B Neon Buy To Build World’s ‘Best Postgres’ Tech, CEOs Explain

Databricks has acquired Neon, a startup specializing in serverless Postgres, for one billion dollars. This acquisition aims to help businesses dismantle data silos and enhance AI capabilities. Currently, over 80 percent of databases on Neon's platform are generated by AI. Neon, founded in 2021, offers a fully managed serverless Postgres database and has been recognized as one of the top developer databases. The integration of Neon's technology with Databricks' platform is expected to improve efficiency for developers and enterprise teams, reduce performance bottlenecks, and lower costs. The acquisition is set to finalize later this year.

AppWizard

June 1, 2025

‘We wish to express our deepest regret’: Bulletstorm and Outriders dev People Can Fly suspends unannounced projects in yet another wave of gaming layoffs

Sebastian Wojciechowski, CEO of People Can Fly, announced the indefinite suspension of two game development projects, codenamed Gemini and Bifrost, and a scaling down of the workforce due to unsuccessful negotiations with a publisher that left the studio without necessary resources. The suspension of the Gemini project is attributed to the publisher's failure to provide a draft for a content rider related to the Publishing Agreement and a lack of communication regarding the project's future. Despite these challenges, People Can Fly is still working on three unannounced projects, Bison, Echo, and Delta, and the development of Lost Rift is progressing, with a demo set to be released during the upcoming Steam Next Fest.

AppWizard

May 30, 2025

Two Legends Of UK Game Development Team Up For New Spectrum Next & PC Game

Tony Warriner and Stoo Cambridge are developing a new action-arcade adventure game titled UrbX Warriors for Spectrum Next and PC. The game features two urban explorers, Alejandro and Ramona, who discover a perilous Mayan temple. Players will battle various adversaries and solve traps and puzzles. The project is currently on Kickstarter, having exceeded its funding goal of £6,000, with rewards including digital copies, standard editions, deluxe editions, and premium editions with a custom joystick. A demo is available on itch.io, and there are plans for potential releases on other platforms such as PSX, Switch, Dreamcast, and Amiga.

AppWizard

May 29, 2025

Amplitude secures $13.6m in funding

Developer Amplitude Studios has secured €12 million (.6 million) in funding from a Series A round led by Griffin Gaming Partners, which contributed €10 million. The funds will be used for developing projects like Endless Legend 2 and expanding the studio's capabilities. This funding follows Amplitude's management buyout from Sega. Amplitude CEO Romain de Waubert de Genlis emphasized the studio's commitment to its indie identity and creative vision, while Griffin partner Frankie Zhu highlighted the studio's success in creating strategy-based franchises.

AppWizard

May 20, 2025

The 14 most underappreciated games of the last year that you shouldn’t have ignored

Skin Deep: Released on December 5th, 2024; Steam reviews: Very Positive (771); Peak player count: 953. Loco Motive: Released on November 21st, 2024; Steam reviews: Very Positive (659); Peak player count: 336. Straftat: Released on October 24th, 2024; Steam reviews: Overwhelmingly Positive (7523); Peak player count: 960; Price: Free on Steam. Penny’s Big Breakaway: Released on February 21st, 2024; Steam reviews: Very Positive (800); Peak player count: 228. Solium Infernum: Released on February 22, 2024; Steam reviews: Very Positive (1,362); Peak player count: 1,108. MechWarrior 5: Clans: Released on October 17th, 2024; Steam reviews: Mostly Positive (4303); Peak player count: 5,548. Xenotilt: Released on November 12th, 2024; Steam reviews: Overwhelmingly Positive (594); Peak player count: 81. Anton Blast: Released on December 3rd, 2024; Steam reviews: Overwhelmingly Positive (2919); Peak player count: 1,104. The Thaumaturge: Released on March 4th, 2024; Steam reviews: Very Positive (2866); Peak player count: 2,733. Still Wakes the Deep: Released on June 18th, 2024; Steam reviews: Very Positive (5639); Peak player count: 729. Dungeons of Hinterberg: Released on July 18th, 2024; Steam reviews: Very Positive (1597); Peak player count: 486. Drova: Forsaken Kin: Released on October 15th, 2024; Steam reviews: Overwhelmingly Positive (6618); Peak player count: 2,717. 1000xRESIST: Released on May 9th, 2024; Steam reviews: Overwhelmingly Positive (3471); Peak player count: 278.