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Godot Engine partner firm W4 Games secures $18m Series B funding, signs deal with Tencent to bolster Asia ecosystem
W4 Games, the commercial partner for the Godot Engine, has secured $18 million in Series B funding, led by Tencent. The company also signed a strategic deal with Tencent to expand the Godot ecosystem in Asia. This funding brings W4 Games' total raised to $33 million and will support international team expansion, particularly in the Asian market.
New Remedy CEO wants to preserve small budgets and break into Asia
Newly appointed Remedy Entertainment CEO Jean-Charles Gaudechon aims to maintain the company's focus on developing high-quality games with manageable budgets, leveraging their proprietary Northlight engine. He also expressed a strategic interest in expanding the company's reach into Asian markets, particularly China, through local partnerships. The company reported profitable first-quarter results, with Control having sold over 6 million copies and Alan Wake 2 continuing to generate royalties.