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.
Australia’s gaming industry grew at a 9.6 percent CAGR between 2013 and 2016 as it expanded into other sectors, according to a joint report.
Australia’s game development industry has massive potential for growth as an export industry, according to an independent survey by IGEA and GDAA.
BNPL founders pile into record $15.5 million seed round for insurtech startup Honey
Australian founders are backing a local chapter of US angel VC The Fund as it launches locally
Recipe startup adash is connecting food lovers and creators to make everyone a better cook
TransGrid and Endeavour Energy are backing EnergyLab’s new global scaleup program
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