Revenue in the Australian video game industry has risen to $345.5 million, up 21% on the FY2022, according to the latest data from the Australian Game Developer Survey (AGDS). The eighth annual survey, from peak industry body, the Interactive Games & Entertainment Association (IGEA) corroborates Australian consumer sales data released earlier this year, showing the… Read more »
Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »
The Australian game development sector is enjoying rapid growth on the back of unprecedented government support, with almost 800 new jobs created in the last year alone. The Interactive Games and Entertainment Association (IGEA) released its sixth annual Australian Game Development Survey this week, revealing that the sector has more than doubled in size over the last… Read more »
Cricketing Hall of Fame batsman Kumar Sangakkara has cofounded an esports platform that’s raised US$2.5 million (A$3.2m) in Seed funding to play sport in the metaverse. The round was led by new Singapore-based investment firm Hangar X, plus several sports and web3 investors, including US-based Nucleus Advisors founder Jordan Waxman, Perth-based 5point8 Capital director Mark D’Alessandro… Read more »
Is gaming good or bad for us? That generally depends on your view on gaming overall. But can it make you more productive at work? Well one startup is testing the theory, with medical virtual reality company Vantari VR is encouraging its staff to game during work hours. It seems counter-intuitive, but co-founders and co-CEOs,… Read more »
Sydney NFT tech startup Immutable is partnering with NYSE-listed gaming giant GameStop to develop the world’s largest gaming marketplace for gamers to buy, sell and trade in-game assets. As part of the deal, the two companies are looking to launch a fund worth up to US$100 million for NFT gaming projects. GameStop will use the… Read more »
There was some good news buried in the headline numbers of the federal government’s Mid-Year Economic and Fiscal Outlook (MYEFO) for Australia’s video gaming industry. The upbeat MYEFO forecasts have the combined deficits over the coming four years to FY25 falling by $2.3 on the May budget forecast to $342.4 billion. The FY22 deficit has… Read more »
Sydney gaming startup Immutable is hoping to become the world’s leading trading platform for non-fungible tokens (NFTs) after raising $82 million in a series B. The business, founded by brothers James and Robbie Ferguson, in 2018, already has a reputation for its NFT games, Gods Unchained and Guild of Guardians and earlier this year launched… Read more »
Despite the celebratory discourse around gaming’s increased accessibility, serious efforts to make gaming accessible to people living with disability remain rare.
With a number of its clubs looking to esports, the Australian Football League (AFL) has itself announced a partnership with Riot Games that will see the organisations launch a new esports tournament in November.
As well as 150 desks and meeting areas, The Studio will give residents access to broadcast studios, including green screen, sound, augmented and virtual reality facilities, as well as events and programs.
A survey of Australian game developers found the industry generated $118.5 million in the 2016-17 financial year, up from $114.9 million the previous year, with 75 percent of studios surveyed projecting future growth.
The South Australian government has launched a $2 million fund to help build a games development hub in Adelaide, which will be operated by Game Plus, which also runs a games hub in Canberra.
Norbit creates branded loyalty apps for shopping centres, allowing customers to earn points and prizes from shopping in store.
In this episode, we explore the world of social data and analytics and the way in which companies are leveraging this to grow their business.
Daily startup news and insights, delivered to your inbox.
