Develop:Brighton showed the UK games industry is done with hand-wringing and is determined to save itself | OpinionThe UK games industry, facing significant layoffs and funding challenges, is shifting from hand-wringing to proactive self-preservation through increased collaboration. Developers are exploring regional hubs, studio collectives, and cross-industry opportunities to ensure resilience and sustainability in a difficult economic climate. While government and private funding initiatives show some promise, securing early-stage prototype funding remains a critical hurdle. Games Industry
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Develop:Brighton showed the UK games industry is done with hand-wringing and is determined to save itself | OpinionThe UK games industry, facing significant layoffs and funding challenges, is shifting from hand-wringing to proactive self-preservation through increased collaboration. Developers are exploring regional hubs, studio collectives, and cross-industry opportunities to ensure resilience and sustainability in a difficult economic climate. While government and private funding initiatives show some promise, securing early-stage prototype funding remains a critical hurdle.
VC fund VGames launches new $10m Indie FundVenture capital firm VGames has launched a new $10 million Indie Fund to provide project financing for premium PC and console titles. The fund will offer revenue share deals instead of equity, aiming to support commercially ambitious games that do not rely on free-to-play monetization. VGames plans to back 10 to 20 studios with investments ranging from $500,000 to $1 million, while allowing developers to retain IP rights and creative control.