Video Games Video Games

Behaviour Interactive in its acquisition of Red Hook

On September 24, 2024, Behaviour Interactive announced its acquisition of Red Hook Studios. Behaviour Interactive, headquartered in Montréal, is Canada’s largest independent game developer, employing more than 1,000 talented people, with over 200 games released since their beginnings in...

Lead Office: Montreal Date Announced: September 24, 2024 Value: --

Artificial Agency in its $17-million Seed funding round

On July 18, 2024, Artificial Agency announced it raised $17 million in a Seed funding round that was led by Radical and Toyota Ventures. This round also had participation from Flying Fish VC and BDC Capital’s Deep Tech Fund and had follow-on support from Tirta and Kaya. The financing will be...

Lead Office: Calgary Date Announced: July 18, 2024 Value: $17 million

ArenaX Labs in its closing of a $6-million financing round

On January 12, 2024, ArenaX Labs announced the closing of a $6-million financing round led by Framework Ventures. This round also saw participation from SevenX Ventures, FunPlus, Xterio and Moore Strategic Ventures. The company plans to utilize the funding towards developing ArenaX Labs’ flagship...

Lead Office: Toronto Date Closed: January 12, 2024 Value: $6 million

Behaviour Interactive in its acquisition of Codeglue

On August 22, 2023, Behaviour Interactive completed its acquisition of Codeglue. This transaction represents Behaviour Interactive’s third European acquisition, allowing the company to access new gaming talent and further expand. Behaviour Interactive, headquartered in Montreal, is Canada’s...

Lead Office: Montreal Date Closed: August 22, 2023 Value: -

Behaviour Interactive Inc. in its acquisition of SockMonkey Studios Ltd.

On February 23, 2023, Behaviour Interactive Inc. announced its acquisition of SockMonkey Studios Ltd. SockMonkey is Behaviour’s first European investment and will be renamed Behaviour UK – North upon acquisition. The studio will operate as a valuable partner for Behaviour’s Services division,...

Lead Office: Montreal Date Closed: February 23, 2023 Value: -

Behaviour Interactive Inc. in its acquisition of Midwinter Entertainment, Inc.

On May 17, 2022, Behaviour Interactive Inc., Canada’s largest independent video game studio, announced its acquisition of Seattle, Washington-based Midwinter Entertainment, Inc. from the game developer’s UK owner, metaverse technology company Improbable Worlds Limited. Known for their work on...

Lead Office: Montreal Date Closed: May 10, 2022 Value: -

Behaviour Interactive Inc. in its equity financing with NetEase and Haveli

In early 2022, Behaviour Interactive Inc. (Behaviour) entered into an investment agreement with NetEase Interactive Entertainment, an existing shareholder, and Haveli Investments, a new investor, pursuant to which a minority stake of Behaviour was acquired. This equity financing will allow...

Lead Office: Montreal Date Closed: -- Value: -

Prodigy in its $159-million financing

On January 12, 2021, Prodigy announced a $159-million financing round led by TPG Capital and the Canadian Business Growth Fund. Proceeds from the round will be used to help bolster the advancement of the startup’s Math Game, and strengthen its tutoring offering. Prodigy is an online company,...

Lead Office: Toronto Date Closed: -- Value: $159 million

Horizon Blockchain in its US$5-million Seed financing round

On March 7, 2020, Horizon Blockchain announced its US$5-million Seed financing for their game SkyWeaver. The financing was led by Initialized Capital and will be used to pursue the closed beta test of SkyWeaver. SkyWeaver is a free-to-play digital trading card game that is built on a Ethereum...

Lead Office: Toronto Date Closed: -- Value: US$5 million

Behaviour Interactive Inc. in its strategic partnership agreement with NetEase Games

On July 15, 2019, NetEase Games, one of China’s leading internet and online game services providers, announced that it has acquired a strategic minority stake in Behaviour Interactive Inc. Behaviour will continue to operate independently under the leadership of its current President. Founded in...

Lead Office: Montreal Date Closed: -- Value: -