Advance and Take-Two Interactive are exiting the mobile gaming studio in a purchase by Savvy Games, while Noventric helped smart thermostat provider Tado° boost its latest round to $60m.
Funds
Phosphate provider OCP Group joined Mohammed VI Polytechnic University to provide $200m of capital for Bidra Innovation Ventures, a US-based venture capital firm focused on energy, water, mining and agriculture technology. The same investors had supplied $50m for a Bidra agtech fund a year ago.
M&A
Savvy Games, a gaming and esports group backed by Saudi Arabia’s Public Investment Fund, agreed to acquire…
